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Konami’s Profits have Increased by Almost 230 Percent

February 14, 2017 by Jordan Coetsee

But total revenue has dropped

Konami has reportedly announced that their profits have increased by a whopping 229.8 percent over a 9-month period.

But total revenue as depict on the report, has dropped by 8.5% year-on-year.

“As a result,” Konami stated, “although sales from this business decreased amid the continuous harsh market environment surrounding the Amusement business, operating profit from this business increased compared to the same period in the previous year due to promoted business operation efficiency and improved profit structure.”

Konami has combined its arcade business with its pachinko business to form a new streamlined “Amusement Business” division, helping its bottom line.

 

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