From BigGo Finance · BigGo Finance · · 40s
Konami Raises Profit Forecast
Konami boosts full-year profit forecast after eFootball and Yu-Gi-Oh! sales surge.
In brief
Konami boosts full-year profit forecast after eFootball and Yu-Gi-Oh! sales surge. Konami raised full-year net profit forecast to ¥135 billion (approx $854.3m) from ¥101 billion, citing strong eFootball and Yu-Gi-Oh! sales. Originally reported by BigGo Finance.
Profit Forecast Increase
Konami raised full-year net profit forecast to ¥135 billion (approx $854.3m) from ¥101 billion, a 35.0% year-over-year increase.
Operating Profit Lifted
Operating profit guidance increased to ¥193 billion (approx $1.2 billion) from ¥143 billion, a 42.0% year-over-year rise.
Q3 Performance
Q3 operating profit jumped 81% to ¥66 billion (approx $417.7m), exceeding market expectations.
First-Half Results
First-half net profit rose 70.5% to ¥79.2 billion (approx $501.2m) on revenue of ¥307.9 billion (approx $1.9 billion).
The bottom line
Konami raised full-year net profit forecast to ¥135 billion (approx $854.3m) from ¥101 billion, citing strong eFootball and Yu-Gi-Oh! sales.
