Konami is now one of many companies posting year-on-year losses, having recently released details for its financial performance over the first fiscal year, ending on March 31, 2013. Overall, they've seen a significant drop in digital entertainment and pachinko divisions.
Product sales and services brought in ¥226 billion ($2.4 billion) this year, which is a 15% drop from last year's ¥266 billion. Net income went from ¥23 billion to ¥13.2 billion ($140 million), decreasing 42.8% percent. The pachinko sector saw a 70% drop in revenue compared to the same period last year, while the digital entertainment department reported 17.1% in revenue losses.
What's more is that social and onlines games have been paying off for Konami. Titles like Metal Gear Solid Social Ops and Dragon Collection, which works with GREE, have both been rather successful. All in all, Konami's social games have over 35 million users worldwide.
The industry isn't all doom and gloom. Although Capcom's earnings didn't quite meet expectations, both DmC: Devil May Cry and Resident Evil 6 have performed admirably. The company's Resident Evil 5 pachinko machines have also brought in a profit.
Activision has also reported a year-on-year gain for the first fiscal period, despite a decline in World of Warcraft subscriptions.