Cybaster wrote: ↑
Wed Feb 24, 2021 2:01 pm
Best they can hope for at this point is to go bankrupt and allow Kojima/Iga to then pick up all their IPs and pull an SNK Playmore on them, I suppose.
Konami going bankrupt anytime soon is unlikely. They are making more profit now than than they did when they developed non-PES AAA games. That is pretty much why they did it, being a publically listed for profit company with shareholders to satisfy and all.
Their Net Income during FY2016 was ¥10.5 billion, by FY2019 that has more than tripled to ¥34.2 billion. Their FY2020 (year ends on March 31st 2020)
took a hit due to capital expenditures for the future and some pandemic stuff but still made a net income of ¥19.9 billion, higher than in FY2016. Their cashflow took a big hit in FY2020 for the same forementioned reasons but they recovered most of that in the three quarters of FY2021 so far.
Their three FY2021 quarterly reports (which covers April through Dec. 2020)
showed that things are rebounding as the pandemic recovery continues. While Sports, Amusement (arcade/pachinko)
Gaming (western casino machines)
are still lagging they are recovering to mostly normal while Digital Entertainment (video games)
is not only picking up the slack of those sectors but is booming.
Their stock price is also very near historical highs after bottoming badly in 2020 for said pandemic reasons, showing investor confidence in the company.
I may not like Konami output of AAA games anymore as a gamer but it is a very well run business. They are also nowhere as reliant on pachinko as some video gaming circles suggests either (tying back to the elite fandom topic I suppose)
given that most of their revenue/profit comes from Digital Entertainment section of their annual report, aka video games.
In terms of seeing Konami IP returning as AAA games, the more likely scenario is for them licensing it out as opposed to them going bankrupt. Let others take the risk of long and expensive development costs instead.