Digital entertainment boosts Konami H1 result

Gaming provider Konami Holdings Corp. has posted an increase in revenue, thanks to its digital entertainment business.

According to its financial report for the six months ending September 30, Konami’s consolidated revenue reached JPY 107.7 billion, up 9.1% from JPY 7.8 billion it posted over the same period a year ago, while net income has doubled to JPY7.8 billion.

The strong financial result is attributable to JPY 51.7 billion revenue from its digital entertainment segment, a 17.5% increase year-on-year. The company noted the digital entertainment revenue was driven by its mobile games Jikkyou Pawafuru Puroyakyu, which has been downloaded 17 million times; the successful global launch of its latest game in the Metal Gear series: Metal Gear Solid V: The Phantom Pain on Sept 1 that saw 5 million units shipped worldwide; and stable recurring revenues of its arcade games such as Matsuri de Fever.

Konami’s gaming and systems division revenue has amounted to JPY15 billion up 9.8% year on year. The company said that it has achieved a solid number of installations of its casino management system SYNKROS throughout North American