Konami Holdings Corporation (soon to be Konami Group Corporation, by the way) has recorded its most profitable year ever in its financial results for FY2022. Its operating income has risen from 36.6 billion yen in FY2021 to 74.4 billion yen, marking a 103.6% increase. The overall profit increase after taxes yielded a 69.9% increase YoY.
When split into its core business sectors, Konami recorded its biggest profit increase within the 'Gaming & Systems' sector, recording 25.6 billion yen in revenue, up 54% from the previous year. 'Digital Entertainment' remains the biggest revenue sponge for the company, bringing in an impressive 215 billion yen for the year, an increase of 5.3%.
Konami attributes Yu-Gi-Oh! Master Duel as a strong driver for its 'Digital Entertainment' performance, with the game exceeding 30 million downloads as of April 2022. The Yu-Gi-Oh! Trading Card Game is also performing well and "continues to gain global support".
Looking ahead to FY2023, Konami is forecasting continued growth across all of its business sectors, with a predicted increase of 13.1% in its 'Gaming & Systems' sector a key point of interest. The company will be launching the highly anticipated Teenage Mutant Ninja Turtles: The Cowabunga Collection later this year, but it's possible the company may have other surprises up its sleeve.
In its native Japan, Konami's popular Switch board game Momotaro Dentetsu: Showa, Heisei, Reiwa mo Teiban! passed 3.5 million units sold, easily surpassing the global sales of Metroid Dread, which has reached 2.74 million units sold.
What do you make of Konami's performance? Do you think it has some surprises lined up for the coming months? Let us know!
Wow Konami, who would've known that actually releasing some would lead to profit?
Now stop treating your employees like garbage.
Chika chika woo woo chika chika woo woo! Come on ride that train!
I’m sure konami and investors are pleased.
Dance Dance Revolution for Switch & PS5, please.
Konami is sitting on a butt-load of game properties. Some vision and talent could throw a few more coins in that bag.
Release a Metal Gear Solid collection on Switch, then they’ll know about profits!
It sounds like they're playing their (limited-deck) cards right, to the frustration of arm-chair financial advisors far and wide.
Wow I had no idea yugioh was still so popular. I really wish Konami would revitalize castlevania and i sorely miss kojimas metal gear. Spend your money in these two things Konami and see what happens. I have been loving their collections lately along with capcoms efforts.
Sounds like their current strategy is working for them. Sucks that they're releasing no games from the big franchises that everyone actually cares about, but it must be hard for them to hear the voices of fans over the sounds of clinging coins as they swim through their money bins.
Sounds impressive until you convert yen to dollars
@ShadowofTwilight22 they've already opened their door for anyone to develop any of their franchises.
I want an MSX collection for the Switch (or Evercade)
Cool. I hope they outsource development to lots of talented and inspired companies itching to do something with their IP. An actually-good Contra would be amazing. Maybe they can hand that one to Wayforward or another strong developer. TMNT Cowabunga Collection is a great start for them. Hopefully people will support it, and the suits in Konami will see it as a positive sign.
Seems like Konami wants to be as g̶r̶e̶e̶d̶y̶ profitable as Soonami from the ‘Free Guys’ movie
Now pour all that into Pro Evo.
@UltimateOtaku91 still a bit more $$ then I’ve got.
@UltimateOtaku91 It’s still over 2 billion dollars. I’d say that’s pretty impressive.
Can we consider them to be part of the same market as Betfair and William Hill now? (as sad as that is)
@ShadowofTwilight22 in fairness someone buying them out doesn't mean squat. Look how quickly Rare went to ruin as a cautionary tale. In fact look at Hudson Soft games that Konami bought.
@daveMcFlave You might know this already, but just in case: WayForward actually did make Contra 4 for DS. It's probably the best Contra since Hard Corps.
If they're turning a profit, good for them, I guess. But as a gamer I care much more about what they've contributed to the hobby as of late. Sure, TMNT is coming, but beyond that? I've never been into the likes of Yu-Gi-Oh! (or Pokemon, for that matter; no knock on those who are, they just aren't my personal cup of tea), and frankly nothing else discussed in the article means anything to me.
It's a given that Eiyuden Chronicle: Hundred Heroes is the closest we'll ever get to another Suikoden, sadly. A nice compilation of Konami's coin-op Arcade titles would be awesome, although Hamster has already done the honors with a bunch of them on Switch.
Konami used to be one of the industry's highest-profile third-party publishers; now I honestly don't recognize them anymore.
Imagine the world where money can fly to one's pocket if they release multiple collections.
@TYRANACLES They lost both IGA and Kojima, those franchises are dead without them. Maybe MercurySteam could actually pull it off with how good Metroid Dread was, some people liked their castlevania's too.
@Lolcat Castlevania Lords of Shadow was legit. I don’t care that it threw the previous canon out the window, it was expertly designed and executed as a self-contained story. It’s probably my third or fourth favorite in the series
I would love Mercury Steam to make more Castlevania but it’s unlikely after the underwhelming sales of LoS2, and their recent success with Metroid Dread
Cowabunga collection = Konami are more than alright in my book xxx
@daveMcFlave Yep, me too. I have heard absolutely zero on anything new happening though since they opened the floodgates, which is now at least six months ago. Although aren't they now supposedly making a new Castlevania? from the success of all the indie inspired games you'd think that they'd of jumped on this long ago. Like most big developers of the era, they are sat on a goldmine of incredible stuff, and we mere mortals are stood at the gates waving our cash to no avail. The cowabunga colelction is going to print money and hopefully begins a new line of collections, an arcade one would be amazing, but featuring their really good games that have never released before.
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