Konami Reports Decent First Quarter Income

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KonamiKonami announced the financial results for its fiscal first quarter ended June 30, 2011. Konami's video game operations experienced similar revenues as past quarters, but improved operating results. Read on for more details...
For the fiscal first quarter ended June 30, 2011, Konami reported net income of ¥4.043 billion (around $52 million), compared to net income of ¥1.265 billion in the same quarter the previous year.


Konami, in so many words, said business was OK, but could have been worse given the global economy and the recent enormous earthquake in Japan. Konami's big money-making segments were Health & Fitness (fitness clubs) and Digital Entertainment (the game part in which FI readers are probably interested).

The Digital Entertainment segment reported considerable success from social games such as Dragon Collection, Sengoku Collection and Professional Baseball Dream Nine, as well as the video game Professional Baseball Spirits 2011 and the company's new Digital Game Cards that mix social gaming and trading cards.

The Digital Entertainment segment reported net revenues of ¥26.102 billion, compared to ¥25.016 billion in the same quarter the previous year, making for consistent sales, with even better operating results. The segment reported operating income of ¥6.059 billion compared to operating income of ¥2.347 billion in the same quarter the prior year.

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This page contains a single entry by Editor published on August 4, 2011 9:37 PM.

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