{"id":39198,"date":"2024-10-31T18:42:20","date_gmt":"2024-10-31T09:42:20","guid":{"rendered":"https:\/\/automaton-media.com\/en\/?p=39198"},"modified":"2024-11-20T18:42:39","modified_gmt":"2024-11-20T09:42:39","slug":"konami-reports-record-high-half-year-profits-thanks-to-strong-performance-of-video-game-sector","status":"publish","type":"post","link":"https:\/\/automaton-media.com\/en\/news\/konami-reports-record-high-half-year-profits-thanks-to-strong-performance-of-video-game-sector\/","title":{"rendered":"Konami reports record high half-year profits thanks to strong performance of video game sector\u00a0"},"content":{"rendered":"\n

On October 31, Konami released their latest financial report<\/a> covering the six-month period from April 1 to September 30, 2024. Thanks to the steady performance of core content in Konami\u2019s Digital Entertainment sector (i.e. video games), the company experienced record highs across all profit categories. <\/p>\n\n\n\n

As previously reported<\/a>, Konami\u2019s sales and profits for the first quarter (April 1 to June 30, 2024) experienced an impressive year-on-year increase. Konami kept up this momentum in the interim period, with overall revenue increasing by 19.7% to 184 billion yen and business profit being up by 41.8% to 50.2 billion yen. <\/p>\n\n\n\n

In Konami\u2019s digital entertainment sector alone, consolidated sales increased by 28.9% to 131,650 million yen, while business profit amounted to 46,655 million yen (a year-on-year increase of 50.3%). In the report, Konami highlighted the strong performances of their sports game titles, including eFootball and its esports tournament. The July release of Powerful Pro Baseball 2024-2025<\/a>, with its Shohei Otani-fronted ad campaigns and box art, was also cited as contributing to sales. <\/p>\n\n\n\n

\"Silent<\/figure>\n\n\n\n

As for the rest of the fiscal year (ending March 31, 2025), Konami can likely expect healthy sales profits from the Silent Hill 2 remake, which was released on October 8. In just 3 days, the game surpassed 1 million copies sold<\/a> worldwide. Konami reconfirmed in the report that they will continue to expand upon the popular horror franchise (presumably referring to mainline entry Silent Hill f and spin-off Silent Hill: Townfall, which are currently in the works).  <\/p>\n\n\n\n

Going forward, Konami also highlights the Metal Gear Solid Delta: Snake Eater remake of MGS3. Although the game still doesn\u2019t have a confirmed release date, Konami is \u201cworking diligently\u201d on producing the game which will \u201cretain the core of the original title\u201d with graphical, camera and interface improvements<\/a>. <\/p>\n\n\n\n

\"Metal<\/figure>\n\n\n\n

Konami is continuing to expand its esports activities. For example, in October, it began running the FIFAe World Cup 2024 in association with the International Federation of Association Football. The company is also holding three different baseball-based esports tournaments this year. <\/p>\n\n\n\n

Konami\u2019s overall consolidated results for the first half of the fiscal year are as follows: <\/p>\n\n\n\n

Sales revenue: 184,084 million yen (+19.7% Year-on-Year)\u00a0
Business profit: 50,217 million yen (+41.8% YoY)\u00a0
Operating profit: 49.844 billion yen (+40.6% YoY).\u00a0
Net profit: 36.401 billion yen (+35.7% YoY).\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

Konami’s profits for Quarter 1 of the 2025 fiscal year broke records thanks to games like eFootball and Power Pro, with Silent Hill 2 to contribute to Q2 profits.<\/p>\n","protected":false},"author":61,"featured_media":39202,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_gspb_post_css":"","footnotes":""},"categories":[3],"tags":[261,17],"class_list":["post-39198","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-financial-news","tag-japan-related-news"],"blocksy_meta":[],"yoast_head":"\nKonami reports record high half-year profits thanks to strong performance of video game sector\u00a0 - AUTOMATON WEST<\/title>\n<meta name=\"description\" content=\"Konami's profits for the first half of the 2025 fiscal year broke records thanks to steady performance of games like eFootball and Power Pro.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/automaton-media.com\/en\/news\/konami-reports-record-high-half-year-profits-thanks-to-strong-performance-of-video-game-sector\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Konami reports record high half-year profits thanks to strong performance of video game sector\u00a0 - 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