Konami Just Had Its Most Profitable Year Ever, Thanks Mostly To Yu-Gi-Oh

According to Konami’s latest financial report for the year ending on March 31, the company recorded its most profitable year ever. The company saw a 10% increase in revenue for the financial year, more than doubling its operating profit to $580.1 million year-on-year. Business profit rose by 25.2% to $626 million and revenue was reported to be $2.3 billion, a 9.9% increase year-on-year.

The main driver for these record numbers was Konami’s digital entertainment sector, specifically Yu-Gi-Oh! Master Duel. Based on the long-running anime and manga property centered around card games–sometimes on motorcycles–the free-to-play Yu-Gi-Oh! Master Duel was downloaded over 30 million times on PC, mobile, and consoles.

Combined with the rest of the digital entertainment sector, Konami generated $1.7 billion and profits of $595.9 million. Professional Baseball Spirits and eBaseball Powerful Pro Yakyu 2022 were also big hits for Konami in Japan, while its Amusements segment generated $152 million. In the Gaming & Systems side of Konami’s business, revenue was up by 54% in a field that covers casino, pachinko, and arcade machines. Sports was also a big driver of profit, growing by 15.2% to make the company $327.6 million.

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Author: Darryn Bonthuys