RPGFan


Konami To Post Red Numbers

In a shock announcement yesterday, Konami downgraded its projections for the current fiscal year, saying it expects to post red numbers for the first time in years. Earlier projections had predicted a profit of 11.5 billion yen (95.67 million USD), but now the company expects a loss of 27 billion yen (224.63 million USD). The reason for the surprising loss is not to be found within the company's game or arcade divisions, but rather its fitness operations, whose sales were expected to reach 83.5 billion yen (694.68 million USD), but eventually only managed to generate 78.5 billion yen (653.08 million USD) in sales. Total sales for the fiscal year 2002/2003 are now projected at 245 billion yen (2.04 billion USD). The toy and hobby division easily beat earlier projections of sales worth 39.5 billion yen (328.62 million USD), by posting actual sales of 78.5 billion yen (653.08 million USD).


Back
Updated:
03.22.03 - 2:37 AM
Chris Winkler





Coming Up on Twitch

Chrono Cross
All Week • 5:00pm PDT/8:00pm EDT

Deus Ex: Mankind Divided
Aug 28 • 9:00am PDT/12:00pm EDT

Skies of Arcadia Continues!
Every Monday • 5:00pm PDT/8:00pm EDT

Star Wars: KotOR Continues!
Every Tuesday • 10:00am PDT/1:00pm EDT

Broken Age Continues!
Every Thursday • 5:00pm PDT/8:00pm EDT

Featured Content
Final Fantasy Brave Exvius OST Review
Final Fantasy Brave Exvius OST
Review
Rhythm Encounter Episode 27: Foliage Ocean in St. Louis
Rhythm Encounter Episode 27: Foliage Ocean in St. Louis
Podcast
Random Encounter Episode 115: The Compliment Sandwich
Random Encounter Episode 115: The Compliment Sandwich
Podcast
Retro Encounter Bonus Round: Essential Ten Part 1
Retro Encounter Bonus Round: Essential Ten Part 1
Podcast
Neverwinter
Neverwinter
Review
Bra★Bra Final Fantasy Brass de Bravo 2 Review
Bra★Bra Final Fantasy Brass de Bravo 2
Review
RSS Feeds & More
Complete Feed
Reviews Feed
Media Feed
Random Encounter
Rhythm Encounter
Retro Encounter