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Konami reports revenue upswing, wants to continue NFT push
Konami believes NFTs can "preserve content" as commemorative art.
February 3, 2022
1 Min Read
Konami has reiterated plans to sell NFTs to customers in its fiscal report for the nine months ended December 31, 2021.
The company said it will continue to sell non-fungible tokens to "preserve content that has been loved by our customers as commemorative art," having previously run a Castlevania 35th Anniversary NFT auction earlier this year.
Konami also reported an upswing in both revenue and operating profit within its Digital Entertainment segment, driven by the success of titles like Professional Baseball Spirits and Yu-Gi-Oh! Trading Card Game.
As a result of those performances, revenue in the division increased by 9.3 percent year-on-year to 154 billion yen ($1.3 billion) and operating profit rose by 4.6 percent to 55.5 billion yen.
Glancing at the company's upcoming projects, Konami said it's "making progress" on the development of eBaseball Pawafuru Puroyaku 2022 and is "working diligently" to improve the quality of eFootball 2022, which endured a rocky start after dropping the Pro Evolution Soccer moniker.
Konami neglected to share guidance for the full-year ended March 31, 2022, explaining a new surge in the COVID-19 pandemic has resulted in low economic visibility. The company plans to disclose guidance when a "reasonable projection" becomes possible.
About the Author(s)
News Editor, GameDeveloper.com
Game Developer news editor Chris Kerr is an award-winning journalist and reporter with over a decade of experience in the game industry. His byline has appeared in notable print and digital publications including Edge, Stuff, Wireframe, International Business Times, and PocketGamer.biz. Throughout his career, Chris has covered major industry events including GDC, PAX Australia, Gamescom, Paris Games Week, and Develop Brighton. He has featured on the judging panel at The Develop Star Awards on multiple occasions and appeared on BBC Radio 5 Live to discuss breaking news.
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