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Konami's income up 3.7% in fiscal yr 2021, pushed by digital leisure

Konami’s income up 3.7% in fiscal yr 2021, pushed by digital leisure


onami Holdings Corporation launched Thursday its financial results for the fiscal year ended March 31, 2021, reporting a rise in full-year earnings pushed by income progress.

Whole income within the interval was 272,656 billion yen ($2.48 billion), a 3.7% improve from final fiscal yr. Working earnings amounted to 36,550 billion yen ($333 million), an 18% progress year-over-year. Enterprise revenue elevated by 45% and revenue for the yr climbed 62%.

The digital leisure phase was the primary revenue driver with a 33% improve to convey $1.86 billion, whereas earnings throughout Konami’s amusement, sports activities and gaming & methods sectors had been down. The pandemic noticed amusement amenities compelled to shut quickly, and impacted gross sales of amusement machines. This phase’s income dropped 25%, whereas sports activities noticed a 38% lower, and gaming & methods noticed a 41% decline.

Looking forward to the fiscal yr 2022, the corporate mentioned as a result of pandemic scenario the outlook stays unsure. “Earnings visibility stays low given COVID-19 associated components together with declarations of state-of-emergency and timeline of vaccine rollout. Therefore, consolidated earnings outlook for the fiscal yr ending March 2022 has not been decided with the difficult
circumstances to make an affordable calculation. We’ll promptly disclose our steerage when an affordable projection turns into doable,” the corporate acknowledged.

See full Konami’s report here.

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