Stuff like the new MGS and Shinobi are gonna make me break down and get a freaking 3DS. Especially with the new $170 price tag.
Konami profits $51 million from social success
By
Brendan Sinclair, Senior Editor
Publisher has problems living up to Metal Gear Solid: Peace Walker, sees steep decline in unit sales of traditional games offset by growth in free-to-play digital card games.
Konami posted its financial results for the April-June quarter today, showing increased sales and profits as gains in the social gaming sector managed to offset the lack of a new Metal Gear Solid title from the publisher.
The most notable figure coming from the company's first fiscal quarter was a steep drop in the number of games sold. During the April-June quarter of 2010--when Metal Gear Solid: Peace Walker debuted on the PSP--Konami sold 4.63 million games globally. However, the same quarter this year yielded just 2.76 million units sold, with most of the slide attributable to fewer sales in the Metal Gear and Pro Evolution Soccer franchises.
However, Konami's digital entertainment division still managed to post increased sales and profits for the quarter, thanks in large part to the success of its Japanese social games. The publisher cited mobile free-to-play digital card games Dragon Collection, Sengoku Collection, and Professional Baseball Dream Nine as some of its most steadily growing social franchises.
For the first fiscal quarter, Konami reported revenues up 3.3 percent year-over-year to ¥54.9 billion ($695 million). Meanwhile, the company's net income more than tripled to just over ¥4 billion ($51 million). For the full year ending March 31, 2012, Konami expects sales to be flat at ¥258 billion ($3.3 billion), with a net income up nearly 26 percent to ¥24 billion ($304 million). Its biggest releases for the remainder of the fiscal year include Metal Gear Solid: Snake Eater 3D for the 3DS, Pro Evolution Soccer 2012, NeverDead, and Silent Hill: Downpour.
By
Brendan Sinclair, Senior Editor
Brendan Sinclair has been a games journalist since 1999. His tastes are eclectic, though he has a definite affinity for games with arcade roots. He's Canadian, but has also been at home in Atlanta, Austin, Chicago, and San Francisco.
31 comments
yay! silent hill! wait, is it silent hill downpour or silent hill book of memories? nah.. i'll take both.. :)
Konami is like the top japanese gaming company right now.. capcom and square are getting bad sales hahahaa
I can't wait for Peace Walker to come to the 360. I would have played it on my psp except that it broke on me.
this is not good,this the type of thing that makes this de4velopers take this crappy social wanna be games seriously
It's always about MGS & PES... What about RPG fans?! I want a new Suikoden!!! not that I hate MGS or PES.
A message from Tak Fuji: ''I am so glad that the public were SUCKED into contribuing to such great company as Konami. I LOVE YOU GUYS, ROCK AND ROLL!''
@terrascythe I'm not sure, but this games must be like Magic: The Gathering. You receive a start deck for free and you'll probably receive new cards at a certain time, but you can buy booster packs to create a better deck. I played a game on the web that worked this way.
if they have release Metal Gear Rising the number will be insane.... I want that game how come there are no recent news on it?
@Slim_Lyrics Yes, I'm confused. Konami offset quarterly losses by posting profits on free-to-play digital card games. How do free-to-play games generate revenue? I think the article needs to be revised, because some of those games are infact not free-to-play.
Konami the only video game dev yet to screw their customers. Thank god, and good luck with the rest of the financial year.
@pokecharm It just occured to me that the HD collection is a mouth-waterer for Rising, also since rising is on xbox, so is the HD version
as soon as the HD version of MGS comes out, this should turn around, and with the hype for Rising will only increase!
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Metal Gear Solid: Peace Walker
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- Publisher(s): Konami
- Developer(s): Kojima Productions
- Genre: Action
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- ESRB: T
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