No, Konami Is not Exiting The Video Recreation Enterprise

Whereas video video games appear to be pretty resilient to the consequences of the continuing COVID-19 pandemic, that hasn’t stopped some corporations from taking a very good, laborious take a look at how they function – one in all which is Japanese big Konami, the agency behind titles like Castlevania, Steel Gear Stable, Professional Evolution Soccer and present Japanese chart-topper Momotaro Dentetsu: Showa, Heisei, Reiwa mo Teiban!, which we spoke about not too long ago.

It is lengthy been argued by hardcore followers that Konami’s glory days are previously, and it is definitely true that the agency has launched fewer AAA titles in recent times; it’s closely invested in well being centres and in addition has pachinko and amusement companies, and these sectors have proved to be very profitable of late (effectively, pre-COVID, at any price).

Taking this under consideration, it is easy to see why the latest information of inner restructuring – which was not too long ago introduced to traders – has triggered reviews that Konami is exiting the video games enterprise (and never for the primary time, it ought to be famous). Within the preliminary announcement, Konami informed traders that it’s planning to dissolve its Manufacturing Divisions “to answer the speedy market that surrounds us.”

Nevertheless, a Konami spokesperson has now issued an announcement to IGN which clarifies these plans:

The announcement refers to an inner restructure, with Manufacturing Divisions being consolidated. We’ve not ‘shut down’ our video gaming division.

It ought to be famous that necessary staffers from the three former manufacturing divisions have been given roles elsewhere within the firm. Shoji Dewa (supervisor for Manufacturing Division 2 and govt workplace) will earn the title ‘senior govt officer’, whereas Tatsuhiko Yamamoto (basic supervisor, Manufacturing Division Three and Manufacturing Division 3) will now focus solely on the latter division.

These adjustments are anticipated to happen on February 1st.

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