Published
FinancialResults

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.

Konami data
Listen To Article

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.


Asia News Sponsor
Premium+ Connections
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium Connections
Consultancy
Executive Profiles
Chicken Ranch Casino
The Responsible Gambling Affiliate Association (RGAA)
Catena Media
Gambling Commission
Follow Us
The most prestigious Awards in the industry are heading to the Philippines! The Global Gaming Awards Asia-Pacific will recognise and reward (as the name suggests) the strongest performers from the Asia-Pacific gaming industry across the previous 12 months.
This year's winners will be announced at a luncheon ceremony on Day 2 of SiGMA Asia, 4th June, in Manila.
The eleventh annual Global Gaming Awards Americas will recognize and reward the gaming industry's strongest performers across the previous 12 months. These are the most prestigious and trusted Awards in the industry and have gained respect amongst industry heavyweights, due to the strict rules and procedures put in place.

Facing Facts: Operator Q3s from across the globe

Gambling Insider compares Q3 2023 results from major gamblin...

Taking Stock: Operators and suppliers across the world

Sticking with our theme of gambling across the globe, Gambli...

CEO Special: Jade Entertainment and Gaming CEO Joe Pisano - down to earth

Jade Entertainment and Gaming CEO Joe Pisano speaks to Gambl...

CEO Special: Betfred CEO Joanne Whittaker - saying it as it is

Betfred CEO Joanne Whittaker joins Gambling Insider Editor T...