Konami’s Gaming & Systems segment sees 30% revenue growth in June quarter on Asia market recovery
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Japanese entertainment supplier Konami has reported record revenue of JPY72.6 billion (US$337 million) and a 17% increase in profit attributable to owners to JPY13.4 billion (US$94.0 million) in the three months to 30 June 2023, led by strong growth in its Gaming & Systems segment.
Noting that the Australian and North American markets have “regained their pre-COVID-19 energy” and are growing steadily, revenue from the Gaming & Systems segment grew by 29.9% year-on-year to JPY10.0 billion (US$70.2 million) while business profit was up by 140% to JPY1.97 billion (US$13.8 million). Konami added that markets as a whole were moving towards recovery, especially across Asia, with high adoption of the company’s Dimension 49 slot machine cabinet and the introduction of the new Dimension 75C.
“In terms of gaming content, ‘All Aboard’ has recorded industry-leading operation,” Konami said. “’Ocean Spin’, which allows players to control animations projected on a monitor using a touch panel, and ‘Dragon’s Law’, which allows players to enjoy effects featuring colorful dragons, have been well received by the market. Moreover, ‘SeleXion’, which allows customers to choose their favorite content from multiple titles in a single machine, is also expanding in the market.”
Konami is also looking to implement new features to its Synkros casino management systems in the coming months, including a dashboard feature that visualizes data collected using AI analysis, and “SYNK Vision”, which will identify players in casino facilities using state-of-the-art facial recognition technology.
“We aim to expand our market share by proceeding with the development of various functions that utilize cutting-edge technologies to meet the needs of our customers,” the company said.
Konami’s Amusement and Sports segments also enjoyed positive growth in the June 2023 quarter although its largest segment, Digital Entertainment, saw revenue fall by 5.3% to JPY48.1 billion (US$337 million).
