"Sensational" MGS4 Lifts Konami Q1
Thanks to a strong software lineup led by Metal Gear Solid 4, Tokyo-based Konami has posted strong sales and profit figures for the first quarter ended June 30.
MGS4, released on June 12, drove quarterly revenues of 70.8 billion yen ($654.3 million), up 16.7 percent from Q1 2007"s 60.7 billion yen, the company said Tuesday.
Operating income was 11.6 billion yen for the quarter, up 65.6 percent.
The PlayStation 3-exclusive MGS4 had a worldwide simultaneous release during the quarter, shipping over 3 million units day one.
Konami called sales of the game "sensational."
Q1 net income was 5.7 billion yen, up from 3.9 billion yen from a year ago.
Aside from MGS4, Konami said that baseball games performed well in Japan, while in North America, Dance Dance Revolution Hottest Party and Karaoke Revolution: American Idol Encore "sold well."
In Europe, Pro Evolution Soccer 2008 was a top performer.
Arcade games including Horseriders, Action Deka and Mah-Jong Fight Club 6 performed well.
For the full fiscal year, Konami expects net revenue of 330 billion yen, operating income of 45 billion yen and net income of 26 billion yen.
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