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Konami Announces Record Revenue for Q2, But Profit Drops Year-on-Year

While Konami's games keep making money, they've been less profitable than last year.
Image of Giuseppe Nelva
Giuseppe Nelva
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Published: Nov 2, 2022 08:18 pm

Today Konami announced its financial results for the first half of the fiscal year 2023, which ended on September 30, 2022.

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We learn that revenue for the second quarter was a record due to the launch of new games and the depreciation of the yen.

On the other hand, profit declined year-on-year. You can see that in the first table below.

The second table shows the Digital Entertainment business only, which includes games. The situation is similar to the company as a whole (which isn’t surprising since the Digital Entertainment business takes the lion’s share of Konami business portfolio), with revenue increasing and profit dropping sharply

Image via Konami

We learn that Teenage Mutant Ninja Turtles: The Cowabunga Collection “started off strongly mainly in Europe and the United States.”

Yu-Gi-Oh! Master Duel also “continues to be well received.”

Below you can check out the upcoming release slate, including the new Silent Hill games that have recently been announced.

Image via Konami

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

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Image of Giuseppe Nelva
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.
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