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Konami Reports Record First-Quarter Earnings Fueled by Strong Game Sales

Strong digital entertainment and amusement business drive profit growth amid rising costs
Japan
k 9766.TSE Mid and Small Cap 2000 Games 75 Tech 350 Entertainment 100
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Konami Group has reported a record-breaking first quarter for the fiscal year ending March 2025, with consolidated sales reaching 90.039 billion yen (US$630 million), a 24% increase from the previous year. Business profit surged by 46.6% to 25.149 billion yen (US$176 million), while net profit rose 43.3% to 19.16 billion yen (US$134 million), marking the highest sales and profits the company has ever recorded for this period.

The digital entertainment sector led the charge with sales of 64.22 billion yen (US$449 million), up 33.4% year-on-year, driven by successful titles like “eFootball 2024” and “Momotaro Dentetsu.” The company is also looking to capitalize on upcoming releases, including “Powerful Pro Baseball 2024-2025” and a highly anticipated remake of “SILENT HILL 2.”

Despite the overall strong performance, the gaming and systems business saw a 3% decline in sales, with operating profit dropping by 35.2%. The sports business also faced challenges, with operating profit decreasing by 66.4%, largely due to rising operational costs and high energy prices.

Looking forward, Konami anticipates continued growth, projecting sales of 380 billion yen (US$2.66 billion) for the fiscal year, up 5.5% from the previous year. However, the company remains cautious about the impact of inflation and energy costs on its profit margins.

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