The lights are on
Konami has reported its earnings for the most recent fiscal quarter, with a big boost to its gaming business. The improvement comes from impressive shipments of Metal Gear Solid V: The Phantom Pain since its September release.
The 6 million copies of Hideo Kojima’s final Metal Gear game gave Konami a 37.5 percent jump in revenue for the digital entertainment segment. While Metal Gear Solid V wasn’t the only game released by Konami, most were intended for Japan only (excepting Pro Evolution Soccer).
The improvement in digital entertainment has propelled the company to a 62.6 percent jump in operating profit to ¥17.4 billion ($146.6 million) for the first nine months of the fiscal year. However, Konami only shows two games to be released outside of Japan in the foreseeable future.
Both of these titles are Yu-Gi-Oh games. One is slated for iOS and Android in the spring. Another is due for 3DS in the summer.
Our TakeKonami will have a hard time keeping this momentum going without AAA worldwide releases in the coming months. The company says its committed to Metal Gear and console development, but we’re waiting to see the reality of those claims.