Konami has revealed lower numbers for the last quarter, and lower revised numbers for its financial forecast for they year ending March 31, 2014. From 27 billion yen, they now expect a profit of 10 billion yen.
Revenue is at 155.9 billion yen, down from 160.2 billion the same time last year. Operating income is 7.4 billion, staggeringly less than half from last year’s at 14.9 billion. Net income is also down at 5.1 billion yen, down from 8.8 billion last year.
There is good news on the gaming end, as they report net revenue of 16.6 billion and operating income of 3.6 billion. Konami’s gaming business has a solid 21.7 % operating margin, with most of their console investment tied to PS3.
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Konami’s Q3 results are out: op profit 50% down y-o-y. Guidance for op profit for FY14 cut from 27 bn to 10 bn yen: http://t.co/HXk5ee5HSz
— Dr. Serkan Toto (@serkantoto) February 6, 2014