Konami Group FY2024 Financial Results

Key insights

7 takeaways

01
Konami Group achieved consolidated revenue of 360.3 billion yen for FY2024, a 14.6% increase, with operating profit rising 73.8% to 80.3 billion yen.See it on page 4
02
The Digital Entertainment segment remains the primary revenue driver at 249.1 billion yen, marking a 16.7% year-over-year growth fueled by eFootball 2024 and the Yu-Gi-Oh! franchise.See it on page 5
03
The Amusement segment saw the highest growth rate among all divisions, with revenue increasing 35.3% to 26.4 billion yen due to strong performance in medal and music-based arcade games.See it on page 5
04
For the fiscal year ending March 2025, the company projects continued growth with a target of 380.0 billion yen in revenue and 84.5 billion yen in operating profit.See it on page 8
05
Upcoming strategic releases include Metal Gear Solid Delta: Snake Eater and Silent Hill 2 as part of the company's plan to expand its Digital Entertainment portfolio.See it on page 16
06
The Gaming & Systems and Sports segments contributed steady revenues of 39.7 billion yen and 47.6 billion yen, respectively.See it on page 5
07
Management has set a dividend target of 132 yen per share for the upcoming fiscal year, maintaining the company's established dividend policy.See it on page 7

Summary

Konami Group’s financial results for the fiscal year ending March 31, 2024, demonstrate significant growth across all primary business segments. The company reported consolidated revenue of 360.3 billion yen, representing a 14.6% increase over the previous fiscal year. Operating profit saw a substantial rise of 73.8%, reaching 80.3 billion yen, while profit attributable to owners of the parent grew by 69.6% to 59.2 billion yen. These results exceeded the company's revised earnings guidance, driven by strong performance in the Digital Entertainment and Amusement sectors.

The Digital Entertainment segment remains the primary revenue driver, contributing 249.1 billion yen, a 16.7% year-over-year increase. This segment benefited from the sustained popularity of titles such as eFootball 2024, which surpassed 750 million global downloads, and successful events surrounding the Yu-Gi-Oh! card game. The Amusement segment also experienced robust growth, with revenue rising 35.3% to 26.4 billion yen, bolstered by the performance of medal games and music-based arcade titles. Additionally, the Gaming & Systems and Sports segments recorded steady growth, with revenues of 39.7 billion yen and 47.6 billion yen, respectively.

Looking ahead to the fiscal year ending March 2025, the company maintains a positive outlook, projecting consolidated revenue of 380.0 billion yen and an operating profit of 84.5 billion yen. Strategic priorities include the continued expansion of the Digital Entertainment portfolio, with upcoming releases such as Metal Gear Solid Delta: Snake Eater and Silent Hill 2, alongside further investment in sports facility operations and casino management systems. The company plans to maintain its dividend policy, targeting an annual dividend of 132 yen per share for the upcoming fiscal year. These projections are based on management's current assessments of market conditions, competitive dynamics, and ongoing international expansion efforts.