Konami Holdings Corporation reported record-high Q1 results for the fiscal year ending March 31, 2022, with consolidated revenue reaching ¥68,326 million, a 29.2% increase year-over-year.
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Net profit surged to ¥13,658 million, while profit before income taxes rose to ¥19,115 million, up from ¥6,284 million in the same period the previous year.
03
Pandemic-related losses were significantly reduced, dropping from ¥5,723 million in the prior year to ¥862 million.
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Growth was driven by a broad-based recovery across the Digital Entertainment, Amusement, Gaming & Systems, and Sports divisions, all of which returned to profitability.
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Operational performance was bolstered by structural cost reforms and the diversification of revenue streams across the company's various business segments.
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Management has declined to issue a consolidated earnings forecast for the full fiscal year ending March 31, 2022, citing persistent uncertainty regarding the global trajectory of the COVID-19 pandemic.
Insights
01
Konami Holdings Corporation reported record-high Q1 results for the fiscal year ending March 31, 2022, with consolidated revenue reaching ¥68,326 million, a 29.2% increase year-over-year.
02
Net profit surged to ¥13,658 million, while profit before income taxes rose to ¥19,115 million, up from ¥6,284 million in the same period the previous year.
03
Pandemic-related losses were significantly reduced, dropping from ¥5,723 million in the prior year to ¥862 million.
04
Growth was driven by a broad-based recovery across the Digital Entertainment, Amusement, Gaming & Systems, and Sports divisions, all of which returned to profitability.
05
Operational performance was bolstered by structural cost reforms and the diversification of revenue streams across the company's various business segments.
06
Management has declined to issue a consolidated earnings forecast for the full fiscal year ending March 31, 2022, citing persistent uncertainty regarding the global trajectory of the COVID-19 pandemic.