Income halved at Konami

Publisher Konami has seen a 48 per cent drop in net income for the nine months ending December 31st.

The final figure came in at 8.82bn, down from 17bn the year before. Revenue fell 18 per cent to 160.1bn.

The company’s Digital Entertainment division accounted for roughly half of its overall revenues – 86.1bn.

Social games such as Dragon Collection, Sengoku Collection and Metal Gear Solid Social Ops enjoyed steady growth” and improved their profit contribution. The South American release of PES 2013 (or World Soccer Winning Eleven 2013 as it is called in the territory) performed strongly”.

Konami’s Yu-Gi-Oh! Trading Card Game series also continues to perform in several territories.

Of the future, Konami chose to be upbeat about the diminishing power of the console sector and instead welcomed the opportunities to reach an even greater audience for game software” offered by smartphone and tablet gaming.

It also pledged to up its development for said platforms, with effort being put into tailoring its releases for the their attributes.

Not that that means Konami is done is triple-A. Hopes are high for the upcoming Metal Gear Rising Revengeance, as well as the associated Metal Gear movie currently in production at Hollywood

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