International edition
June 25, 2021

In spite of revenue decrease

Konami experienced dramatic profit increase on its first quarter business result

(Japan).- Konami released first quarter consolidated financials on August 5. According to the company, although revenue was approximately us$ 599.7 million (5% down from the previous year), operating profit and net income has been dramatically improved to us$ 33.6 million (188% up) and us$ 14.8 million (245% up) respectively.

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ales of game machine software both domestic and international reported to have shown good performance. Particularly, “World Cup Soccer Wing Eleven 2010- Challenge of Blue Samurai” were sold well domestically and “PES 2010-Pro Evolution Soccer” were sold well in North America for the influence of World Cup Soccer held in South Africa.

Gaming and System business resulted in us$ 50.7 million revenue, which is 11.2% up from the previous year. The company increased its market share in North American market with positive reputation of Video Slot Machine like “Podium” as well as increased revenue from “Participation” style sales. In addition, the company expanded its sales network in Mid and South America and Europe. The company will strengthen its sales forces in fast growing Asian market through effective coordination of sales agents.

The company forecasts the revenue us$ 3.3 billion, operating profits us$ 285.8 million and net income us$ 157.5 million in fiscal year March 2011.

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