Konami courteously warned its investors last week that the first half of this fiscal year had been ... unfavorable to the company. It forecasted a year-over-year decline in net income of 82%, falling from ¥12 billion ($132 million) in the first half of FY 2009 to ¥2 billion ($24 million) in the first half of FY 2010. This forecast now seems incredibly pessimistic in light of the recently released financial report, which reveals a net income decrease of 81%, down to ¥2.2 billion ($24.4 million) in the first half of FY 2010.
See, Konami? Shake off that melancholy. That's one whole percent less than you expected to lose! Hey, you know what they say: When life takes one less lemon away from you than you expect it to take, then you can make lemonade with that lemon. Sure, it'll be fairly weak lemonade with just the one lemon, but it'll still be crisp and refreshing.
Reader Comments (15)
Posted: Nov 9th 2009 7:45PM Manifest37 said
A simple solution would be TROPHIES!!
Trophies would reinvigorate the user base, increase DLC purchases, & attract more users! Now Konami, deploy it now!!
Reply
Trophies would reinvigorate the user base, increase DLC purchases, & attract more users! Now Konami, deploy it now!!
Posted: Nov 9th 2009 5:42PM (Unverified) said
Maybe it's time for... Metal Gear Solid 4 to go to the 360?
Reply
Posted: Nov 9th 2009 5:41PM Misanthropic Gamer said
Seems like Kojima alone is keeping Konami afloat.
Reply
Posted: Nov 9th 2009 5:45PM (Unverified) said
Shattered Memories will pull in a little bit of money, as will Pop'n Music on the Wii. This is what happens when you push your yearly releases.
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Posted: Nov 9th 2009 5:49PM JoshMilewski said
Castlevania: The Adventure ReBirth (would like to) get!
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Posted: Nov 9th 2009 6:27PM (Unverified) said
First profits were Up, Up and then Down, Down....then um....Left, Right, Left, Right, B, A, Start.
FIN
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FIN
Posted: Nov 9th 2009 6:34PM The Spoony said
Konami.
I hear releasing games tends to make you money. You might want to look into that.
What did Konami release this year anyway? Metal Gear Iphone and PES10? Maybe they had Metal Gear PSP originally forcast for '10 and now it got bumped, or the raiden game.
But i mean for a forcast to be down 81% how on earth do you let your profits slip that much :S
Reply
I hear releasing games tends to make you money. You might want to look into that.
What did Konami release this year anyway? Metal Gear Iphone and PES10? Maybe they had Metal Gear PSP originally forcast for '10 and now it got bumped, or the raiden game.
But i mean for a forcast to be down 81% how on earth do you let your profits slip that much :S
Posted: Nov 9th 2009 6:49PM (Unverified) said
If I'm reading this correctly, the article is talking about profit, not revenue; in other words, Konami still made money, just not as much as they expected to several months ago.
They didn't lose 1% less than they expected; they MADE 1% MORE than they expected. They're still in the black. No Worries.
Reply
They didn't lose 1% less than they expected; they MADE 1% MORE than they expected. They're still in the black. No Worries.
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