Metal Gear brings in solid profits for Konami Q1

by Alexander Sliwinski { Aug 5th 2008 at 5:00PM }

Konami announced that Solid Snake's final (?) adventure gave the company a nice macro-injection of cash. GameDaily reports the publisher saw revenues jump 116% to $656 million in the first quarter, with net income rising 47% to $52 million. Although Konami isn't just in the video game business, the company states sales of Metal Gear Solid 4: Guns of the Patriots are "steadily increasing," noting that the games division contributed the most to its revenues.

Konami continues its positive outlook for the rest of the fiscal year (ending March '09) with $3 billion in revenue and a net income of $240 million. Imagine how much more the company can make if giggle-inducing rhythm-game Rock Revolution is a hit and it wins the Rock Band lawsuit?

Tags: konami, metal-gear-solid, metal-gear-solid-4, mgs-4, mgs4

Reader Comments (Page 1 of 1)

pkpk523 @ Aug 5th 2008 5:08PM

Congrats to Konami. They made a solid product that people liked, and it made them money. Now if it always worked out that way where only good games are rewarded, we wouldn't have another 50Cent game...also, Landstalker would get a sequel.

WhoMe @ Aug 5th 2008 5:22PM

Nice.

I'm watching the bonus bluray disc that came with MGS now. Pretty inneresting to see how Kojima's team works and how much liberties they have.

HighFiveJesus @ Aug 5th 2008 5:09PM

so whats the estimated sold amount so far? its gotta be at least a million.

John Ellenich @ Aug 5th 2008 5:37PM

Try 3 million in the first week...

jitty @ Aug 5th 2008 5:50PM

To konami, sold doesn't really matter. Shipped is what matters because they essentially sell all the video games they ship to the stores they ship it to. And that's it. So after they ship it, how many video games they actually sell to people doesn't really matter. I think they should have shipped at least 3 million.

HighFiveJesus @ Aug 5th 2008 7:45PM

b-b-b-but its a niche title!

j.howlett @ Aug 5th 2008 5:12PM

now konami can start it's own PMC group

Jon2309 @ Aug 5th 2008 5:20PM

Hmm. Never noticed it before, but that picture could fit quite well into "OVER 9000!"

Also, isn't this news obvious? I pretty much bought the PS2 on premise of MGS2, and I knew a few others who did the same thing. Wouldn't imagine MGS4 would be much different.

And I haven't heard of many big Konami games released recently.

Vidikron (FU) @ Aug 5th 2008 5:41PM

To think, quite a few of the fanboys here predicted that Konami wouldn't be able to make a profit on MGS4 unless they made it multiplatform. Ha!

Slayer @ Aug 5th 2008 5:44PM

Well, fanboys will bash and hate anything successful that isn't on their console.

atrimus @ Aug 5th 2008 5:48PM

your statement is incorrect: it shouldn't be in past tense. there are STILL plenty of fanboys who predict that.

arrrgh @ Aug 5th 2008 5:56PM

wouldnt really be a prediction now would it?

atrimus @ Aug 5th 2008 7:30PM

which just proves my point: fanboys are illogical.

colinbell @ Aug 5th 2008 6:23PM

Well done for a fine piece of work - probably the most perfect game ever.
Does anyone know how many people worked on this game and what was the development cost? I guess would already have made a tidy profit, should hit 5-6 million overall.

Jhongerkong @ Aug 5th 2008 6:42PM

"Imagine how much more the company can make if giggle-inducing rhythm-game Rock Revolution is a hit"

LOL. Like thats gonna happen.

Sheppy (of the Fidlious Clan of Wong) @ Aug 5th 2008 7:58PM

I'd say if they ever actually put EFFORT into their Bemani titles, they could all do better.

But looking at gameplay vids between rock band and rock revolution, it's night and day. Konami may as well be realising it under the Imagine label for DS.

Bleu @ Aug 5th 2008 7:05PM

I never had any doubts about this game....excuse me masterpiece, this will automatically be game of the year their is nothing that is coming out this year that can compete.

Ninjakamster (PS360 FTW!) @ Aug 5th 2008 9:30PM

Will Konami release a Substance/Subsistence version of this game as well since they have with the previous Solid games?

HighFiveJesus @ Aug 5th 2008 9:40PM

probably not because they don't need to. they can have you download extras along the way, or all at once. already got some extra costumes (a staple in these re-releases)