Konami Announces Strong Performance For its Gaming Business in Q1

Today Konami revealed its financial results for the first quarter of the fiscal year 2021, related to the period between April 1, 2020, and June 30, 2020.
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Today Konami revealed its financial results for the first quarter of the fiscal year 2021, related to the period between April 1, 2020, and June 30, 2020.

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As you can see in the tables below, Konami’s Digital Entertainment business (which includes games) performed very strongly with 36% higher revenue and 57.9% higher profit.

Unfortunately, every other segment of the business underperformed due to the closures related to the COVID-19 pandemic resulting in weaker overall performance with a drop year-on-year in overall revenue and profit for the company.

That being said, profit would have actually increased not counting the expenses incurred due to the pandemic.

We learn that Yu-Gi-Oh! Duel Links has led revenue for mobile games in the Digital Entertainment business and eFootball PES 2020 has surpassed 300 million downloads worldwide.

Professional Baseball Spirits A (Ace) has also continued to perform strongly.

Below you can check out the slates of titles released in the quarter alongside those in the pipeline. As usual, if you found said pipeline a bit barren, I certainly wouldn’t say you’re wrong.

If you want to compare, you can check out Konami’s results for the previous quarter, released in May.


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Author
Giuseppe Nelva
Proud weeb hailing from sunny (not as much as people think) Italy and long-standing gamer since the age of Mattel Intellivision and Sinclair ZX Spectrum. Definitely a multi-platform gamer, he still holds the old dear PC nearest to his heart, while not disregarding any console on the market. RPGs (of any nationality), MMORPGs, and visual novels are his daily bread, but he enjoys almost every other genre, prominently racing simulators, action and sandbox games. He is also one of the few surviving fans on Earth of the flight simulator genre.