Konami Reports Rise in Profits, Decline in Revenue

Despite an overall drop in revenue, Konami has reported a year-over-year increase in profits.

According to the publisher's financial results, its "consolidated total revenue and operating profit" for the nine-month span concluding on December 31, 2016 were ¥163.94 billion (approx. $1.45 billion USD) and ¥29.59 billion (approx. $262 million), respectively. When compared to the year prior, the company's revenue is down 8.5 percent, while profits are up 69.8 percent.

Konami specifically cited the success of its recently released mobile games Yu-Gi-Oh! Duel Links and Jikkyou Powerful Soccer, "both of which enjoy a strong start with an unprecedented number of downloads at a faster-than-ever pace."

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