2020 was a profitable year for many video game publishers, and for Konami, it was a period of time that saw steady growth primarily from its mobile gaming division.
For the financial year ending on March 31, 2021, Konami's total revenue reached $2.48 billion, a 3.7% increase when compared to the previous fiscal year. Operating profits saw an 18% year-on-year increase as they reached $333 million, with Konami's digital entertainment arm earning the company $1.86 billion, up by 33% in total.
You need a javascript enabled browser to watch videos.
Click To Unmute
Firearms Expert’s FAVORITE Weapons Of 2023
State Of Gaming Handhelds In 2023How Lies of P Cracked the Souls GenreLike a Dragon: Infinite Wealth - Official Ichiban Kasuga Character Spotlight TrailerLike a Dragon: Infinite Wealth - Official Chitose Fujinomiya Character Spotlight TrailerLike a Dragon: Infinite Wealth - Official Kazuma Kiryu Character Spotlight TrailerGameSpot Says Goodbye To The LobbyThe Lobbies 2017 Alternative Game Of The Year AwardsThese Games Do Post-Release Content Right - The LobbyWhat Did 2017 Mean For Video Games?What Doom Means For Shooters On Nintendo Switch - The LobbyStar Wars Battlefront 2 Is An EA Disaster - The Lobby
Share
LinkEmbed
Size:640 × 360480 × 270
Start at: End at: Autoplay Loop
Want us to remember this setting for all your devices?
Sign up or Sign in now!
Please use a html5 video capable browser to watch videos.
This video has an invalid file format.
00:00:00
HTML5
Auto HD High Low
Report a problem
Sorry, but you can't access this content!
By clicking 'enter', you agree to GameSpot's
Terms of Use and Privacy Policy
enter
Now Playing: Why Konami Is Leaving AAA Development - The Lobby
Mobile games were primarily responsible for these healthy profits, as Yu-Gi-Oh! Duel Links and eFootball PES 2021's mobile version scored big internationally. Sticking to the Japanese market, Professional Baseball Spirits performed well but Konami didn't share any exact details on that game.
Although it no longer publishes console games as heavily as it used to, Konami still had a few titles out in the last financial year that did well. Japanese audiences flocked to Momotaro Dentetsu: Showa, Heisei, Reiwa mo Teiban, with the digital board game selling over three million units. Curiously, the company made no mention of how well its foray into esports territory had gone so far, with games like its marquee Pro Evolution Football series.
Like many other Japanese publishers, the current coronavirus pandemic had a negative impact on the company's other businesses. Revenue from amusement facilities dropped by 25% to $160 million, its sports sector decreased by 38% to $332 million and its Gaming & Systems division recorded a 41% drop, earning only $151 million.
Looking ahead, Konami predicts the 2021 fiscal year to be too unstable to provide any estimated projections on consolidated results, and will instead post those estimates at a later date.
As for other big names in the industry, there's been plenty to smile about so far. Ubisoft and EA have posted record profits, Bandai Namco has done some healthy business, Square Enix sold almost 50 million games in the last financial year, and even Sega is thinking bigger, with plans for an ambitious new game currently in development.
Darryn Bonthuys on Google+