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Konami stems losses

Ben Parfitt
Konami stems losses

Japanese publisher Konami has reported a quarter of declines for the three months ending December 31st 2010.

Revenue was down 1.4 per cent year-on-year at Y188,308m while operating income fell 50.6 per cent to Y16,541m. Net income was Y9,615m, down 9.5 per cent.

However, this is a big improvement on last year's figures when operating income was down 50.6 per cent and net income down 40.4 per cent.

Digital Entertainment revenue for the period hit Y97.9bn, down from Y100.4bn the year before. Operating income was down from Y16.4bn to Y13bn.

Looking at computer and video games in isolation, however, revenues climbed from Y46.7bn to Y52.8bn. These were offset by declines in Konami's amusement, card games and online operations.

PS3 software sales accounted for 28 per cent of Konami's total, followed by PSP (21 per cent), Wii (16 per cent), DS (15 per cent), Xbox 360 (12 per cent), PS2 (7 per cent) and PC (two per cent). This represents a gain on PS3, Xbox 360 and PSP but declines on all other platforms.

Upcoming titles for the rest of Konami's financial year include PES 2011 3D (3DS) and Metal Gear Solid Snake Eater (3DS).

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Tags: decline , losses , konami , profit , revenue

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