Konami Posts Strong Q1, Q2 Earnings

by Mike Bendel on November 12, 2007 @ 10:43 am


Despite the recent announcement of a Metal Gear Solid 4 delay, Konami has posted significant earnings for the first half of its fiscal year ended September.

In its latest financial report, the company posted an increase of 12 percent in sales, while net income rose 23 percent over the same period last year.

Strong sales from Konami’s Japanese baseball titles for PS3 and Wii led the increase in earnings. Other top performers included Dance Dance Revolution, Pro Evolution Soccer, and Metal Gear Solid Portable Ops which was recently released in Europe.

In the financial report, Konami noted that the days of a dominant platform, such as the PS2, are now over, and as such the market needs to diversify. Further to this, the company said that “whichever platform best caters to users’ preferences in a particular country or region, in terms of the games available to be played on it, is now the one that will dominate the local market.”

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