Yu-Gi-Oh! Master Duel Helps Konami Have One Of Its Most Successful Years Ever
Konami is celebrating one of the most successful years in its company’s history.
Depending on whom you ask, Konami may not be the same company that it once was. The company has always been involved in mobile and pachinko machine releases. It also had a heavy hand in standard video game releases with franchIses such as Metal Gear Solid, Castlevania, etc. Konami isn’t too concerned with the latter these days. However, it isReleased the much-anticipated TMNT The Cowabunga Collection in this year’s release. Since then, its main focus has shifted to pachinko as well as mobile releases. That move has paid off because mobile games like Yu-Gi-Oh! According to, Master Duel is available both on PC and consoles. It has helped Konami achieve one of the most profitable years in its history. Eurogamer.
Here’s what Konami has to say about Master Duel and the general Yu-Gi-Oh! for its financial results.
- Yu-Gi-Oh! launched worldwide Master duel as a cross-platform title – exceeding 30 million downloadsAs of April
- Yu-Gi-Oh! Despite the COVID-19 crisis, trading card game continues to be popular and delivers strong results.
Between its main pillars of revenue, which are listed as Digital Entertainment, Amusement, Gaming & Systems, Sports, and Eliminations in the financial results, Konami has recorded 299.5 billion yen, which equates to roughly $2.3 billion. Konami reports this is a 9.9% increase in total revenues compared to Fiscal Year 2021’s 272.7 billion yen. The company’s actual operating profit was 36.6 billion and 74.4 billion respectively last year. This is an impressive jump of 103.6%. The company expects to earn 320 billion Japanese yen by 2023 due to these significant financial gains from Fiscal Year 2020-21 and Fiscal Year 2022.
Elsewhere in the company’s financial results, Konami president and representative director, Kimihiko Higashio, revealed that the company intends to continue its exploration of NFTs and the metaverse space.
“Since its founding in 1969, the Konami Group has always had a pioneering spirit and the foresight to understand the world’s needs,” Higashio writes in a press release. “By keeping abreast of the changing trends and technology, it has continuously captured the era’s crest of the wave. Technology is advancing the entertainment industry and it has potential to drive business growth. These include artificial intelligence (AI), sixth/sixth-generation mobile communications (5G/6G), VR/AR/NFT, fifth/sixth-generation mobile communications (5G/6G), VR/AR/NFT, NFT, increasing performance of console and mobile game devices as well as the creation of new distribution networks that utilize cloud technology.
“The market is expected to activate with the spread of new ways to enjoy games, such as the growing recognition of esports, in which games are regarded as a sporting event. Metaverse is an extension of online gaming and is getting more attention. We believe that ther are opportunities to further enhance the value of our content, which has already formed user communities on a global scale.”
It seems Konami will continue to explore the realm of NFTs, something it began doing back in January with a Castlevania 35th Anniversary “Memorial NFT” collection.
[Source: Eurogamer]
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