{"id":3960,"date":"2017-10-31T19:43:00","date_gmt":"2017-10-31T19:43:00","guid":{"rendered":"http:\/\/www.gamasutra.com\/view\/news\/308708"},"modified":"2017-10-31T19:43:00","modified_gmt":"2017-10-31T19:43:00","slug":"profits-and-revenue-on-the-rise-for-konamis-video-game-branch","status":"publish","type":"post","link":"https:\/\/sickgaming.net\/blog\/2017\/10\/31\/profits-and-revenue-on-the-rise-for-konamis-video-game-branch\/","title":{"rendered":"Profits and revenue on the rise for Konami&#8217;s video game branch"},"content":{"rendered":"<p>Konami has <a href=\"https:\/\/www.konami.com\/ir\/en\/ir-data\/statements\/2017\/en1031_a6g5m5.pdf\">released its financial report<\/a> detailing the first six months of its 2017-2018 fiscal year, showing a year-over-year\u00a0increase in\u00a0profit and revenue for both its Digital Entertainment branch and the company as a whole.\u00a0\u00a0<\/p>\n<p>For the period ending September 30, the company as a whole reported \u00a5115.4 billion (~$1 billion) in revenue, a 13.8 percent increase from the same period during the previous year. Likewise, Konami saw profit for the period reach \u00a517.2 billion (~$151.2 million) for a 40.5 percent increase year over year.\u00a0<\/p>\n<p>Konami\u2019s Digital Entertainment branch brought in the lions share of total revenue for those first six months. That department, which oversees both its video game and card game operations, brought in \u00a557.6 billion (~$506.5 million) in revenue, roughly a 28.7 percent increase from the \u00a544.9 billion (~$395 million) reported during the previous year.\u00a0<\/p>\n<p>Digital Entertainment also saw an increase in profit compared to the preceding year, with 2017\u2019s numbers coming in at \u00a519.3 billion (~$169.4 million) for a 24.5 percent increase.\u00a0<\/p>\n<p>Konami attributes the performance in the past two quarters to \u201cfavorable reviews\u201d for the mobile titles <em>Jikkyou<\/em> <em>Pawafuru Puroyakyu<\/em> and <em>Professional Baseball Spirits A,<\/em>\u00a0\u201ccontinued stable performance\u201d from games in its global markets like <em>Yu-Gi-Oh! Duel Links<\/em>, the mobile <em>Pro Evolution Soccer 2017<\/em>, and <em>PES Club Manager,<\/em> along with the release of <em>Pro Evolution Soccer 2018<\/em>.\u00a0<\/p>\n<p>Additionally, its mobile games <em>Yu-Gi-Oh Duel Links<\/em> and <em>Pro Evolution Soccer 2017<\/em>\u00a0both cleared 50 million downloads during the past quarter, with <em>Duel Links<\/em> coming in at 55 million on its own.\u00a0<\/p>\n<p>Going forward, the company says it expects \u201cto provide content that enables us to deliver pleasure to customers in various regions\u201d through an in-development PC version of <em>Duel Links,<\/em> ongoing support for its mobile titles<em>,<\/em> and what it describes as aggressive promotions within the eSports scene.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Konami has released its financial report detailing the first six months of its 2017-2018 fiscal year, showing a year-over-year\u00a0increase in\u00a0profit and revenue for both its Digital Entertainment branch and the company as a whole.\u00a0\u00a0 For the period ending September 30, the company as a whole reported \u00a5115.4 billion (~$1 billion) in revenue, a 13.8 percent [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":3961,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-3960","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts\/3960","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/comments?post=3960"}],"version-history":[{"count":0,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts\/3960\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/media\/3961"}],"wp:attachment":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/media?parent=3960"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/categories?post=3960"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/tags?post=3960"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}