(latest) Konami doesn’t do what you want, but it does make a lot of money

We heard that earlier this year konamiRevenue was higher than in previous years — and now, according to the company’s latest financial report (via InstallBase), things are looking even better.

To put it simply, at the start of its last fiscal year, Konami reported that it had 202.4 billion yen ($1.5 billion) in cash and cash equivalents. Now, at the end of the same fiscal year, the publisher has 250.7 billion yen (US$1.9 billion) in cash and cash equivalents — a profit of 48.3 billion yen. Encouraged by record profits, the company issued a press release noting that it is keen to resell NFTs and suggesting that its entry into the market is “an attempt to preserve content loved by customers as art.” “.
You won’t find a Konami game in many recent “best games” lists.

But other than NFTs, what exactly does the company make money from? Well, over in Japan, the publisher notes that games like Tokimeki Memorial Girl’s Side 4th Heart and Power Pro Kun Pocket R run well on Switch. But it looks like Yu-Gi-Oh Master Duel and eFootball are the real money makers. Konami also operates pachinko machines, which make up a large part of the company’s modern gaming portfolio.

Konami goes from strength to strength.

Konami hasn’t announced a lot of games lately that most gamers are looking for – so more entries in the Metal Gear Solid, Castlevania or Silent Hill series – but we heard last year that the publisher announced a number of projects is “in intensive development” .

It was reported back in 2020 that the publisher was quietly working on two new Silent Hill games, although no evidence of this has surfaced yet. Reportedly, these games will take the form of a “soft reboot of the franchise” and “a TellTale/Until Dawn-style episodic game to run alongside the reboot.”

The publisher’s most notable new release is GetsuFumaDen: Undying Moon – an unexpected sequel to a 1987 Japan-only Famicom game.

 

Source: vg247

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