• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Konami gaming segment US$16mln profit for Apr-Sept

Nov 04, 2021 Newsdesk Industry Talk, Latest News, Top of the deck  


Konami gaming segment US$16mln profit for Apr-Sept

Konami Holdings Corp reported on Thursday that it had swung back to segmental profit for its gaming and systems division – including casino equipment – in the six months to September 30. Such profit was nearly JPY1.83 billion (US$16 million), compared to a loss of JPY1.24 billion in the prior-year period.

The latest profit performance was on segmental revenue that rose by 71.7 percent, to JPY12.27 billion, from JPY7.15 billion in the same period of 2020.

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 operates outside Japan via Konami Australia Pty Ltd and U.S.-based Konami Gaming Inc.

Konami Holdings said the segmental improvement in the gaming business was helped by relaxation of entrance restrictions on casino facilities in North America, resulting in that market “revitalising”.

The company also said the “strong performance” of its casino management system product seen in the previous fiscal year was “maintained” during the latest reporting period. During the three months to September 30, several installments of Konami’s casino management system, Synkros, “contributed to revenue” for the segment. That included such product placed at the Resorts World Las Vegas casino complex in Nevada in the United States, according to Konami’s results statement.

Konami anticipated further installations of the Synkros system in casinos in North America and Australia, during its current fiscal year, which runs to March 30, 2022.

The group also said it planned new functions for Synkros. These included: Synk Vision, which would verify player identity via “the latest biometric authentication” technology; SYNK31, described as a “money laundering prevention system”; and Quick Play, for cashless gaming within casinos.

The company further stated it would add content to its latest Dimension series cabinets. Konami also planned to enter the market for so-called Class II slot machines permitted in casino facilities operated by tribal gaming operators in North America.

Konami’s group-wide profit for the six months to September 30 jumped to nearly JPY27.56 billion, from JPY13.79 billion in the prior-year period. The group’s revenue for the reporting period was nearly JPY139.49 billion, up by 20.2 percent from JPY116.07 billion in the prior-year period.

The biggest contribution to Konami’s group-wide revenue came from the digital entertainment division, which generated JPY98.63 billion in the reporting period, up by 11.7 percent when compared to the prior-year record.


  • tweet
Related articles
  • L&W posts US$21mln profit in 4Q, revenue up 18pct y-o-y
    L&W posts US$21mln profit in 4Q,...

    Mar 02, 2023  

  • Konami gaming segment rev up 49pct in 9 months to Dec
    Konami gaming segment rev up 49pct in 9...

    Feb 02, 2023  

More news
  • LET Group narrows year loss, Manila site open end 2024
    LET Group narrows year loss, Manila...

    Mar 31, 2023  

  • Jeju Shinhwa op narrows loss, gets extension from Pagcor
    Jeju Shinhwa op narrows loss, gets...

    Mar 31, 2023  


Latest News

LET Group narrows year loss, Manila site open end 2024

LET Group narrows year loss, Manila site open end 2024

Mar 31, 2023  

Hong Kong-listed LET Group Holdings Ltd, an investor in a number of Asia-Pacific region casino projects, reported in Thursday filing an annual loss attributable to shareholders of just under...
Read More
Jeju Shinhwa op narrows loss, gets extension from Pagcor

Jeju Shinhwa op narrows loss, gets extension from Pagcor

Mar 31, 2023  

Ponte 16 narrows 2022 EBITDA loss, revenue down 24pct

Ponte 16 narrows 2022 EBITDA loss, revenue down 24pct

Mar 30, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”Efforts have pivoted to the construction of the hotel tower, with plans to launch a soft opening before the end of 2024 and a grand opening in 2025”

Casino investor LET Group

On the development of a casino hotel in Manila, the Philippine capital



Most Popular

  • Sands China ups ties to China showbiz giant Star CMSands China ups ties to China showbiz giant Star CM March 29, 2023
  • Suntrust confirms casino hotel 2024 opening on trackSuntrust confirms casino hotel 2024 opening on track March 29, 2023
  • Japan govt delays IR decision due to local elections: reportJapan govt delays IR decision due to local elections: report March 30, 2023
  • GEN Singapore boss flags uneven recovery pace in 2023GEN Singapore boss flags uneven recovery pace in 2023 March 28, 2023
  • Macau got 16k mainland package tourists in Feb reopeningMacau got 16k mainland package tourists in Feb reopening March 29, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us