informa
2 min read
article

Koei Reports Best Quarterly Results Ever

Bucking the trend of poor financial reports, Japanese publisher and developer Koei has revealed record results for its most recent quarter, with Dynasty Warriors: Gundam 2 and Warriors Orochi 2 proving the company’s biggest sellers.
Bucking the trend of poor financial reports, Japanese publisher and developer Koei has revealed record results for its most recent quarter, ended December 31st. According to information, as translated by consumer weblog Kotaku, the company saw revenues increase by ¥163 million ($1.83m) over the last quarter to a total of ¥20.1 billion ($225.2m). At the same time, operating profits were up by ¥968 million ($10.85m) to ¥4.5 billion ($50.4m). The company’s evergreen Musou series, which includes what is known in the West as the Dynasty Warriors franchise, was again the driving force behind the sales. Warriors Orochi 2 and currently Japanese-only Namco Bandai co-production Gundam Musou 2 (aka Dynasty Warriors: Gundam 2) were the best sellers of the period. Despite the positive results, the company remains wary of current global economic conditions: "Stock prices were down because of the financial crisis," Koei said. The results will be one of the last as a separate entity, as the company’s merger with Dead or Alive publisher Tecmo was recently greenlit for April 1st. The new holding firm created from the merger is estimated to grow swiftly, generating over ¥70 billion ($775.5 million) in sales and reaching a ¥16 billion ($177.3 million) operating profit by the year ending March 2012.

Latest Jobs

Studio Pixanoh LLC

Los Angeles, California
05.20.22
Combat Designer

Treyarch

Playa Vista, California or Vancouver, BC
05.20.22
AI Engineer

Question

Remote
05.20.22
Lead Level Designer (South Park)

Remedy Entertainment

Helsinki Metropolitan Area, Finland
05.23.22
Rigging Artist
More Jobs   

CONNECT WITH US

Register for a
Subscribe to
Follow us

Game Developer Account

Game Developer Newsletter

@gamedevdotcom

Register for a

Game Developer Account

Gain full access to resources (events, white paper, webinars, reports, etc)
Single sign-on to all Informa products

Register
Subscribe to

Game Developer Newsletter

Get daily Game Developer top stories every morning straight into your inbox

Subscribe
Follow us

@gamedevdotcom

Follow us @gamedevdotcom to stay up-to-date with the latest news & insider information about events & more