Konami Just Had Its Best Year Thanks To Games You’ve Never Heard Of

Konami announced that its final financial year (April 2021 to March 2022) was the most profitable in the company’s history by far. The Japanese publisher’s operating income was ¥74.4 billion, which translates to approximately US$577 million, and its net income was ¥54.8 billion or about US$425 million.

Despite the perception by some that Konami no longer makes games and is primarily a pachinko business, financial results show the opposite. What is true, however, is that many of Konami’s biggest hits don’t come to the West, or go unnoticed outside their captive audience.

A recent big hit, for example, is Yu-Gi-Oh Master Duel, which launched on Steam in January. This F2P game has already amassed over 30 million players and will undoubtedly continue for many years to come. But Konami has also had great success with Momtaro Dentetsu, which is only available on Switch in Japan, and has sold over 3.5 million (this is a long-running series, originally a spin-off from HudsonSoft, which is basically a game of merry board about train stations).

(Image credit: Konami)

Within finance, Konami divides its business into Digital Entertainment (home games), Entertainment (here are pachinko machines as well as arcade games like Beatmania), Sports (run leisure centers in Japan) and, rather confusingly, , Gaming & Systems (casino software). Of Konami’s 299.5 billion yen in revenue this financial year, 215 billion yen is from Digital Entertainment and 19.5 billion yen from Amusement. There’s no clearer language than money, and that means 72% of Konami’s revenue comes from video games.

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