Konami Adjusts Financial Projections as Profits Surge 38% to $560 Million
The releases of Tranquil Hill 2 and Professional Baseball Spirits contribute positively to the publisher’s latest quarter.
Konami has disclosed its financial performance for the nine months ending December 31, 2024, during which revenues rose by 22% to ¥310.8 billion, while profits surged by 38% to ¥87.1 billion.
The figures:
- Revenue: ¥310.8 billion ($2 billion, a 22.8% increase year-on-year)
- Operating profit: ¥87.1 billion ($560 million, up 38.7% year-on-year)
- Operating income: ¥86.7 billion ($557 million, up 45.5% year-on-year)
Digital Entertainment
- Revenue: ¥228.8 billion ($1.4 billion, up 32% year-on-year)
- Operating profit: ¥80.8 billion ($519.7 million, up 44.6% year-on-year)
The highlights:
Konami experienced a successful period within its Digital Entertainment division, which oversees its video game operations, contributing nearly 74% of the company’s total revenue.
The remake of Tranquil Hill 2 significantly impacted Konami’s recent quarter, having sold over two million copies since its launch in October 2024.
Sales were also stimulated by the releases of Professional Baseball Spirits 2024-2025, eBaseball MLB Professional Spirit, and the latest eFootball installment. The latter has amassed over 800 million downloads globally across consoles, PC, and mobile devices.
Furthermore, Konami provided guidance for the remainder of the fiscal year, mentioning that it is “working diligently” on Metal Gear Solid Delta: Snake Eater. Regarding the Tranquil Hill series, the company asserted that it will continue to “create entirely new titles” with an announcement expected through its Tranquil.