Konami sees profit growth of 160%

Games division saw a 16.7% increase in revenue year-on-year

Konami may have been dealing with drama behind the scenes but that hasn't stopped the company showing an impressive year-on year profit increase of 159.9 per cent to 4,282 million in its latest quarterly financial results. Total revenue stood at total 51,202 million, a year-on-year increase of 5.3 per cent.

Its games division saw a 16.7 per cent increase in revenue year-on-year, from 20.4 million to 23.8 million.

"We saw strong revenue from the online payment system on the myClub game mode of World Soccer Winning Eleven 2015 (known in the U.S. and Europe as Pro Evolution Soccer 2015) which is the latest title in the World Soccer Winning Eleven series, as well as the repeat sales of Professional Baseball Spirits 2015, which was released in March 2015," said Konami.

"With the spread of smartphones and tablet PCs worldwide, the available means of providing games continue to diversify, and opportunities to reach an even greater audience for games are increasing. Against this background, we intend to develop ways of playing games that match the characteristics of each device."

The company predicted consolidated results for the fiscal year ending March 31, 2016 at revenue of 228,000 million and a profit of 9,500 million.

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