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NEWS 31 January 2019

Konami's Gaming & Systems division enjoys revenue and profit rise

By Tim Poole

Konami’s Gaming & Systems division has reported a year-on-year rise in both revenue and profit for the nine months ending 31 December 2018.

Including all of its divisions, Konami’s revenue grew 8% for the trading period to ¥192bn ($1.77bn), while profit also rose 5% to ¥27.22bn.

Konami’s Gaming & Systems segment, more specifically, saw revenue grow by 6% to ¥21.94bn, which accounted for just under 10% of the company’s overall revenue.

Gaming & Systems also saw an increase in profit, rising 15% to ¥3.05bn.

In a statement accompanying its financial results, Konami said: "The gaming market is continuing to see growth with the worldwide development and opening of new casino facilities and integrated resorts which include casinos.

"Measures to revitalise the industry were implemented mainly targeting young people, including the introduction of slot machines designed to reflect players’ skill levels, which allow them to increase their chances at winning, in addition to esports tournaments."

Konami will be launching its KX 43 product at ICE London 2019. Gambling Insider spoke exclusively to Steve Walther, Senior Director, Marketing & Product Management, about the launch.

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