Konami’s gaming and systems segment books 49% revenue growth through December

Konami’s gaming and systems segment books 49% revenue growth through December

Article brief provided by Inside Asian Gaming
  • Inside Asian Gaming
February 3, 2023 3:37 PM
  • Inside Asian Gaming

Japan’s Konami Group reported a 5.5% increase in group-wide revenue to JPY226.9 billion (US$1.76 billion) in the nine months to 31 December 2022, with its Gaming and Systems segment showing the greatest gains – up 49.2% year-on-year to JPY27.9 billion (US$217 million).

Story continues below

Gaming and Systems segment profit also grew by 53.8% to JPY3.9 billion (US$30.3 million), although it was the only segment to show greater profit than the prior year as Konami’s group-wide profit fell 37.8% to JPY37.5 billion (US$292 million).

In analyzing its results, Konami noted that the operations of casinos in North America and Australia had returned to pre-COVID-19 levels and were “revitalized” markets.