The well-known company Konami has announced the details of its recent earnings. The gaming and system sector’s revenue got enhanced by almost 40% compared to the previous year in the period from April to September 30.
Statistical Data
The precise number of earnings that the company has achieved was 17.12 billion JPY (around 116 million USD). In the same period last year, 12.27 billion JPY was gained by the group.
The sector of gaming has officially profited by 2 billion JPY, which is 9.5% more than at this time a year ago. This division of the large business is mostly focused on providing slot equipment and management systems for ground casinos.
This department’s offerings are presented in:
Current Financial Position
Konami works in many different sectors in the Japanese jurisdiction, providing a multitude of services and products for gambling. The aggregate revenue for half a year was boosted by 6.4%. Now, it was officially stated to be 148.36 billion JPY.
As for the group-wide revenue, it stands at 19.85 billion JPY, which is a decrease of 28% from the previous period.
According to the provider, this section of profits was influenced negatively by the following factors:
- energy prices rising;
- a lot of expenses for releases and promotion operations.
Comments from the Company
As Konami’s representatives stated, the establishments in American and Australian regions are currently back to the level they were at before the COVID-19 pandemic. However, there was no specification of whether the meaning of it was within the industry in general or the company’s activity.
The executives also commented on the situation in other markets, saying that some of them are still influenced by the consequences of the pandemic. However, in the experts' opinion, the industry is on its sure way to complete recovery.
The group found it worth mentioning that there are still certain issues that the sphere participants have to face. For instance, issues with supplies led to rising prices for equipment and delays when it comes to obtaining materials.
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