Konami achieved record-high business, operating, and pre-tax profits for the nine-month period ending December 31, 2020, with total profit rising to ¥27,006 million from ¥16,312 million the previous year.
02
The Digital Entertainment segment grew by 33.1% to ¥144,136 million, successfully offsetting a marginal 0.6% decline in total company revenue to ¥191,930 million.
03
The Sports division suffered a 43.9% revenue decline to ¥25,925 million and a business loss of ¥4,027 million due to pandemic-related facility closures.
04
In response to operational losses, the company restructured its cost base by closing underperforming locations and shifting toward digital and outsourced fitness services.
05
Despite strong profitability, the company declined to issue a consolidated earnings forecast for the fiscal year ending March 31, 2021, citing ongoing economic volatility.
06
Konami maintained a stable dividend policy of 45.00 yen per share throughout the nine-month period.
Insights
01
Konami achieved record-high business, operating, and pre-tax profits for the nine-month period ending December 31, 2020, with total profit rising to ¥27,006 million from ¥16,312 million the previous year.
02
The Digital Entertainment segment grew by 33.1% to ¥144,136 million, successfully offsetting a marginal 0.6% decline in total company revenue to ¥191,930 million.
03
The Sports division suffered a 43.9% revenue decline to ¥25,925 million and a business loss of ¥4,027 million due to pandemic-related facility closures.
04
In response to operational losses, the company restructured its cost base by closing underperforming locations and shifting toward digital and outsourced fitness services.
05
Despite strong profitability, the company declined to issue a consolidated earnings forecast for the fiscal year ending March 31, 2021, citing ongoing economic volatility.
06
Konami maintained a stable dividend policy of 45.00 yen per share throughout the nine-month period.