Konami Shows Revenue Increase for First-Half Fiscal 2023
Konami announced a 6% increase in revenue for the first six months of fiscal 2023, compared with 2022. However, operating profit declined 35%. Digital entertainment (ie video games) has become the dominant revenue source for Konami accounting for 69% of revenue in the six months ending 9/30/22.
Analysis
Konami is in several businesses outside of video games including casino slot machines (Gaming & Systems division), arcade games and amusement.....

