Konami's Switch to Mobile Has Worked out After All

Konami's Switch to Mobile Has Worked out After All

Konami has released its financial results for the fiscal year ending March 31, and its profits have increased over the same period last year. Konami’s total revenue is up to 249.9 billion yen (nearly $2.3 billion), which is up from 218.2 billion yen in financial year 2015. Total profit before tax is up to 23.8 billion yen ($218 million) from 17 billion yen last year. The company’s total operating profit for the financial year is sitting at 24.7 billion yen ($226 million), which is a large increase from last year’s 15.3 billion yen ($140 million). Last year Konami announced it would now be focusing on mobile games. This followed such events as the cancellation of Silent Hills and Metal Gear Solid creator Hideo Kojima’s reported departure from the company. Continue reading…
Source: Konami's Switch to Mobile Has Worked out After All

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