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Reading: Konami gaming segment revenue at US$196mln in 9 months to Dec
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GGRAsia > Latest News > Konami gaming segment revenue at US$196mln in 9 months to Dec
Latest NewsTop of the deckWorld

Konami gaming segment revenue at US$196mln in 9 months to Dec

Newsdesk Published February 3, 2025
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Konami Group Corp reported revenue of JPY30.44 billion (US$192.2 million) in its gaming and systems division – including casino equipment – in the nine months to December. The result was up 2.8 percent from a year earlier, according to an announcement published on Friday.

The gaming segment recorded a profit of almost JPY4.72 billion in the nine-month period, a 3.2-percent decline from the prior-year period.

The gaming and systems division of the Japanese entertainment conglomerate’s business includes the supply of casino slot machines and casino floor-management systems.

In the casino gaming segment, Konami Group operates outside Japan via Konami Australia Pty Ltd and U.S.-based Konami Gaming Inc.

Konami Group said on Friday that the North American and Australian gaming markets “remained robust”, providing for “new placement opportunities”.

The company said its Dimension 49 and Dimension 27 cabinets “drove the sales of the slot machine segment” in the reporting period. “The Dimension 43×3 also steadily increased its unit sales,” stated the firm.

In terms of cabinets supplied for revenue-sharing activities, the company said placement of its cabinets, such as the Dimension 49J product, were “expanding”.

Looking ahead, Konami Group said that as its competitors continue to introduce new products, “creating an environment that requires higher product appeal”. 

The company said it would “continue to expand” its line-up of Dimension cabinets available in the market, while expanding sales of the group’s existing games.

Konami Group is also involved in the Japan-focused pachinko games segment, as well as digital entertainment – including video games and mobile games – and sports. Group-wide revenue in the nine months to December 31 rose 22.8 percent year-on-year, to nearly JPY310.83 billion.

Profit for Konami Group in the period stood at JPY63.11 billion, up 41.8 percent from the prior-year period.

The group revised upwards its earnings and dividend forecasts for the fiscal year ending March 31, 2025. Konami Group now expects to record revenue of about JPY412.00 billion, up from a previous forecast of JPY380.00 billion.

The company forecast a net profit of JPY70.00 billion, up 17.6 percent from its previous estimate. 

It said total revenue, operating profit and net income were “all progressing ahead of the initial forecast” for the fiscal year to March 31.

The group also revised its year-end dividend forecast to JPY89.0 yen per share. Combined with an interim dividend of JPY66.0 yen per share, dividends on an annual basis will be JPY155.00 yen apiece, stated the firm.

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