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Konami profits leap 245%

MGS: Peace Walker doubles PSP sales for publisher

Profits at Metal Gear publisher Konami leapt a massive 244.7 per cent for the quarter ended June 30, from ¥367 million ($4.2m / £2.6m) to ¥1.26 billion ($14.6m / £9.2m), while revenues were down 5 per cent, from ¥55.9 billion ($651m / £410.7m) to ¥53.1 billion ($618.4m / £390.2m).

In the company's Digital Entertainment section, responsible for home videogames, amusements and card games, net revenues were flat, with ¥25 billion ($291.1m / £183.6m) for this quarter, compared to ¥24.6 billion last year.

Specifically, computer and videogames accounted for ¥14.3 billion ($166.5m / £105m) in revenues, up from ¥9.8 billion last year, with "solid" sales of new games Metal Gear Solid: Peace Walker for the PSP and multiformat title Winning Eleven 2010 (Pro Evolution Soccer 2010).

Metal Gear Solid: Peace Walker helped the company double PSP sales, which accounted for 40 per cent of the 4.62 million units sold during the quarter.

Japan was still the strongest region for the company, where it sold 2.44 million games in three months, followed by 1.08 million across Europe and 1.02 in America.

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Matt Martin

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Matt Martin joined GamesIndustry in 2006 and was made editor of the site in 2008. With over ten years experience in journalism, he has written for multiple trade, consumer, contract and business-to-business publications in the games, retail and technology sectors.

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