Konami forecasts 82 percent decline in net income
by David Hinkle 
on Nov 3rd 2009 3:21PM
Konami has revealed its financial forecast for the six months ending September 30, 2009. Comparing profits to the same time last year, the company predicts that net income attributable to Konami corporation would fall 82 percent, from 12 billion yen ($132 million) to 2 billion yen ($24 million). Of course, Konami blames this sharp downturn on a lack of key titles (
again), especially in contrast to
MGS4 which buoyed much of 2008.
The company is hopeful for a climb into the black this time next year, forecasting net income to be around 16 billion yen ($177 million). Konami doesn't say what it expects to drive this rise in profits, but titles like
Silent Hill: Shattered Memories and
PES 2010 will likely play a part in that. Next year also promises the appearance of a revitalized
Castlevania, a
portable Metal Gear Solid and --
maybe -- a
Rising action star.
[Via
GI.biz]
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