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Konami announced record-breaking year

For the financial year ending March 31, 2019, Konami reported in its financial reports revenues of €2.14 billion, with operating profits of €412.2 million. The company said the improved results were due to a strong performance in most of its divisions, including the gaming and systems segment.

This was the fifth consecutive year of profit growth for the company, with it also being the second year in a row that Konami has hit record operating profit. Group-wide net income for the period jumped 12.1 per cent year-on-year to nearly €279.2 million, according to a Thursday press release.

A jump of 5.2% in net revenue was reported for the company’s gaming and systems division, delivering €254.7 million. Profit rose by 8.2 per cent year-on-year to just above €38.4 million, the group said in its release.

In its report, Konami said it would “continue to make efforts” to improve slot-machine sales, focusing on the Concerto series and on expanding the installation of the KX 43 cabinet, which was launched at the Global Gaming Expo (G2E) 2018 in Las Vegas, Nevada, in October last year.

“We continue to focus on developing new products and services by leveraging our expertise and technology accumulated through Konami Group’s amusement machines to boost our market presence,” said the company.

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