News

Konami Forecasts Sharp Fall In Revenue

2008 was a good year for Konami — you could say it was solid. This year isn’t so solid.

Later this week, Konami is expected to announce its earnings for the April-September 2009 period, and the company expects a 22.5 percent drop in revenues compared to the same period last year. The companies net income is expected to plummet to $US24 million, an 81.6 percent drop.

Metal Gear Solid IV was released worldwide on June 12, 2008.

Even with the steep drop off, Konami does expect some sales growth during this fiscal year.

Konami projects 22.5% six-month sales slip [GameSpot]

Comments (AU Comments | US Comments)

    There are currently no AU comments for this post.

Post Your Comments

Got something to say? There are two ways to comment:

1. Guests

Click here to comment instantly.

2. Facebook Users

Click below to comment using your Facebook account.

We're looking for comments that are interesting, substantial or highly amusing. If your comments are excessively self-promotional, obnoxious, or even worse, boring, you will be banned from commenting. All comments are moderated.