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Mobile games set new quarterly revenue record at Konami

Konami has reported an uptick in revenue and operating profit in its Digital Entertainment segment thanks to the performance of its mobile titles.

Chris Kerr, News Editor

November 6, 2020

1 Min Read
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Konami has reported an uptick in revenue and operating profit in its Digital Entertainment segment thanks to the performance of its mobile titles. 

According to the Japanese company's fiscal report for the six months ended September 2020, revenues in the segment rose by 31.8 percent year-on-year to 88.3 billion yen ($854.2 million), while operating profit increased by 65.2 percent to 30.9 billion yen ($298.9 million). 

Explaining that upswing, the company explained that its mobile roster set a new quarterly revenue record, and singled out Professional Baseball Spirits A as a main growth driver. 

New releases like eBaseball Pawafuru Puroyakyu 2020 and PES 2021 Season Update were also name-dropped, while Konami also praised the "continued global sales" of the Yu-Gi-Oh! trading card franchise, including its recent video game spin-off Yu-Gi-Oh! Duel Links

Across the company as a whole, Konami reported total revenues of 116.07 billion yen ($1.12 billion), a year-on-year decrease of 4.1 percent, and operating profits of 21.3 billion yen ($206.1 million), representing a year on-year increase of 2.1 percent. 

Looking ahead, Konami hasn't shared any financial forecasts, explaining the coronavirus outbreak has made it "difficult to reasonably calculate" projections.

About the Author

Chris Kerr

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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