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Konami profits on the up as Metal Gear Solid V ships 6 million

Konami's latest financials are in, and it's good news for the Metal Gear Solid publisher, with both revenue and profit margins on the up. 

Konami's latest financials are in, and it's good news for the Metal Gear Solid publisher, with both revenue and profit margins on the up. 

According to its consolidated results for the nine months ending December 31, Konami saw overall revenue rise by 15 percent, jumping from 155.9 billion yen ($1.29 billion) to 179.3 billion yen ($1.47 billion) year-over-year. 

Operating profit for the period also received a boost, rising from 10.7 billion yen ($88 million) to 17.4 billion yen ($143.6 million) in December 2015 - an increase of 62.4 percent.

Konami's Digital Entertainment wing, the division responsible for its mobile and console releases, was one of the company's best performers, thanks in no small part to the success of Metal Gear Solid V, which has now shipped over 6 million copies (digitally and physically) worldwide. 

As a result of Metal Gear's global showing, Digital Entertainment revenue rose from 67.9 billion yen ($560 million) to 93.4 billion yen ($770 million), while the division's profit margins leapt from 10.7 billion yen ($88 million) to 25.5 billion yen ($209.8 million). 

According to Konami, the "favorable performance" of its other console release, PES 2016, was another notable positive. 

The publisher's mobile titles also continue to do well, with games such as Jikkyou Pawafuru Puroyakyu, which surpassed 19 million downloads in just 12 months, PES Club Manager, and Professional Baseball Spirits all enjoying "steady sales."

Overall, Konami believes its future in the video game industry is bright, explaining that as "new video game consoles continue to spread at a record-setting pace in Western countries, business opportunities in the games industry are only increasing."

In light of its upturn in fortunes, the publisher has adjusted its finanacial expectations upward, and now expects to end the year with 243 billion yen ($2 billion) in revenue and 24 billon yen ($198 million) in operating profit.  

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