Bad news: In a financial forecast released by Konami for the six months ending September 30, the company predicts its profits will have dropped 82%. Ow.
Konami is expecting to collect around 1.26 billion US in revenue, down 22.5 per cent on the same period in 2008, while net income is expected to come in at 24.3 million, down from 132 million.
Konami feels the loss in profits is mainly due to the fact that the company released Metal Gear Solid 4: Guns of the Patriots
<span class="tooltip-content">
<span class='tooltip-tab-wrapper active' onclick='tooltiptab(this);'><span class='tooltip-tab PS3'></span></span>
<span class='tooltip-active tooltip2 PS3'><div class='tooltip-name'><a href="http://g4tv.com/games/ps3/28091/metal-gear-solid-4-guns-of-the-patriots/index/" title="Metal+Gear+Solid+4%3a+Guns+of+the+Patriots">Metal Gear Solid 4: Guns of the Patriots</a></div><hr /><span class='tooltip-column'><ul>
<li><h6><a href="http://g4tv.com/games/ps3/28091/metal-gear-solid-4-guns-of-the-patriots/news/" title="Metal+Gear+Solid+4%3a+Guns+of+the+Patriots news">News</a></h6> (86)</li>
<li><h6><a href="http://g4tv.com/games/ps3/28091/metal-gear-solid-4-guns-of-the-patriots/news/" title="Metal+Gear+Solid+4%3a+Guns+of+the+Patriots news">Previews</a></h6> (4)</li>
<li><h6><a href="http://g4tv.com/games/ps3/28091/metal-gear-solid-4-guns-of-the-patriots/review/" title="Metal+Gear+Solid+4%3a+Guns+of+the+Patriots review">Review</a></h6></li>
</ul></span><span class='tooltip-column'><ul>
<li><h6><a href="http://g4tv.com/games/ps3/28091/metal-gear-solid-4-guns-of-the-patriots/videos/" title="Metal+Gear+Solid+4%3a+Guns+of+the+Patriots videos">Videos</a></h6> (64)</li>
<li><h6><a href="http://g4tv.com/games/ps3/28091/metal-gear-solid-4-guns-of-the-patriots/screenshots-and-images/" title="Metal+Gear+Solid+4%3a+Guns+of+the+Patriots screenshots & images">Screenshots</a></h6> (31)</li>
<li><h6><a href="http://g4tv.com/games/ps3/28091/metal-gear-solid-4-guns-of-the-patriots/screenshots-and-images/" title="Metal+Gear+Solid+4%3a+Guns+of+the+Patriots cheats & walkthroughs">Cheats and Walkthroughs</a></h6> (126)</li>
</ul>
</span><div style='clear:both;'></div></span>
</span><div class="arrow"></div>
last year, and this year, it did not release Metal Gear Solid 4: Guns of the Patriots. If you pirated any Konami products over the last six months, you are part of the problem, and I demand you turn yourself in to the proper authorities at once.
Source
Comments
Displaying 1–20 of 30
122
PiMD360
Re Release all the Metal Gear games on Xbox and they will make a killing.
aztecyankee
That is a step decline. I hope they survive as tough as it is out there today we see more and more publishers bite the dust.
RRODisBack
^^^^Releasing Metal Gear games on Xbox would be a bad idea because you guys say that MGS games are just movies and they suck so surely no one would buy it...............right?
DaTruth521
@PiMD360
They could do that but it will be too many discs and that cost a lotof money.
general_maze ShowHide(1 Reply)
lol poor xbox can only handle mgs1-3 ot wuld red ring tryna run mgs4 SONY PWNS ALL!
aztecyankee
How does serious news on one the oldest and most respected publishing company turn into a flame war?
BONERJAM
The trolls are out. How could they really be profitable when MGS4 has been out for more than a year and their up coming games aren't even out yet? This story should have a big DUH! in the title.
TurnBackThePendulum
@azecyankee
Becase people on this site are stupid and do not read.
Or are tools that post idiotic things that have nothing to do with konami profits going down. Like Geneal Maze. This story has nothing to do with sony's company but no idiots have to still post Microsoft vs Sony.
On the story though I hope they can get over this slump the fastest way for them to get a game with profit out there is to get a cross between casual and hardcore.
JohnnyBuku
I'll bet Konami very much wishes they had a port of MGS4 for xbox right now. Personally i am not interested in MGS (never was) so a big shrug on that from me.
As far as MGS4 being more of a movie than a game - well is it?
moose_
The important thing is Konami is still making a profit.
nvserg
well,
it does take time to make PS3 games compared to 360. thats why there is no profit.
nvserg
Well,
it takes time to make PS3 games compared to 360. thats why there is no profit coming in.
river_tron
Maybe if they would've spent their time making more games like Street fighter 4 and less time making those ridiculous japanese games (that all look EXACTLY the same) that only sell in Japan, they wouldn't be in this mess.
Up your game Konami! We still love you and want to see you succeed.
P.S. No more stupid Castlevania fighters. It will benefit all of us.
Lalo666
No doubt start sharing the games to other consoles like maybe oh idk XBOX!!! DUN DUN DUUUUUUN!!!!(dramatic music)
Sawblood45
Right after Kojima says he likes twilight... na, of course profits were going to fall after mgs4 ran its course, they don't pump out hits like that all the time. Also Saw The video game had poor marketing and had poor sales, so that doesn't help, they aren't in the negative though so I guess its not that bad.
backerman
they should've release MSG4 on Xbox 360, they might get more profits.
Sterling McGarvey
"Konami feels the loss in profits is mainly due to the fact that the company released Metal Gear Solid 4: Guns of the Patriots last year, and this year, it did not release Metal Gear Solid 4: Guns of the Patriots."
This.
Plus Pro Evo doesn't have as much clout in the States.
CamperHunter1
Maybe Rocket Knight next year might bring them some profits, a lot of the fans are a bit worried about the art style, but if its even half as much fun as the first two on the Genesis/SNES, it should be well worth the purchase.
JohnKiller118
Oh no! Not Konami!
Damn you economy! And damn you too piracy!
Anyway, I have a solution: Make more Metal Gear games, across all platforms (or the ones that matter, ie. XBox 360, PS3, and the PC. The Wii fails at life.)
natedizzle23
I use to love MGS games i would love them to come to the 360. Being a long time fan and all.
Displaying 1–20 of 30
122
Add a Comment