Konami's Profits Leap by 70 Percent Since Kojima's Departure

Konami's Profits Leap by 70 Percent Since Kojima's Departure

Expected? Kinda.

Michelle McLean by Michelle McLean on Feb 15, 2017 @ 09:08 AM
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So how has Konami been doing since the whole drama that bubbled up between Hideo Kojima? Quite good, apparently! Since Kojima's departure from the company, Konami has seen a 70 percent increase in profits for the nine months ending on December 31, 2016. Despite facing a lack of big titles, Konami instead has turned its attention to "Digital Entertainment." And what is part of said digital entertainment? Smartphone games!

For instance, Yu-Gi-Oh! Duel Links has been downloaded over 25 million times. So while console games have diminished in number, mobile games have been helping Konami... oh and we can't forget about its casinos and fitness centers either. They're doing quite well from the company.

Because Konami hasn't released many highly-anticipated games, revenue is down by about 8.5 percent. So the profit comes as a bit of a surprise.

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