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Asia bulletin: Konami FY22 Q3 revenue up 6% year-on-year

Konami has reported revenue of JPY226.9bn ($1.77bn) for the nine months ended December 2022 (FY22 Q3), a 6% increase from the prior-year period.

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The company broke down its revenue by business segment, with Digital Entertainment leading the way with a total of JPY156.4bn, up 2% year-on-year, as revenue for Gaming and Systems for the period climbed 49% year-on-year to JPY27.9bn.

Also within the JPY226.9bn total were Amusement (JPY10.6bn) and Sports (JPY33.7bn), with those segments growing 23% and 10% respectively year-on-year.

The group reported a business profit of JPY41.1bn for the period, up 31% from the prior-year period, with operating profit climbing 38% year-on-year to JPY37.5bn. Profit before income taxes for FY22 Q3 was JPY38.4bn, a 36% increase from the prior-year period.

Within gaming, Konami highlighted that its core Dimension series cabinets delivered strong sales, with operations in North American and Australian markets returning to pre-Covid levels.

Furthermore, Konami’s casino management systems sustained a strong performance with the continued instalments of Synkros at the group’s casino facilities.

Earlier this week, ​​Konami announced a partnership with Caesars Sportsbook & Casino in New Jersey and Michigan. Through the partnership, all real money websites owned and run by Caesars Digital will be able to make use of the entire Konami online gaming collection.

Konami slot games, which have gained popularity inside Caesars’ brick-and-mortar casino facilities around North America, will now be regularly released for Caesars’ gamers in jurisdictions including New Jersey, Michigan, Pennsylvania and Ontario.

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