Konami Holdings

#1941

Rank

$7.25B

MarketCap JP

JP Japan

Country

Summary
Konami Group Corporation, together with its subsidiaries, primarily engages in the digital entertainment, amusement, gaming and systems, and sports businesses. The company's Digital Entertainment Business manufactures and sells amusement machines with arcade games, computer and video games, mobile games, and card games. Its Amusement Business engages in the design, production, and sale of amusement machines; and offers online game services. The company's Gaming & Systems Business develops, manufactures, distributes, and services gaming machines and casino management systems. Its Sports Business operates sports clubs and sports classes, including swimming, gymnastics, dance, soccer, tennis, and golf, as well as produces and sells sports related goods. It operates in Japan and other Asia/Oceania countries, the United States, and Europe. The company was formerly known as Konami Holdings Corporation and changed its name to Konami Group Corporation in July 2022. Konami Group Corporation was founded in 1969 and is headquartered in Tokyo, Japan.

History

The company was founded on 21 March 1969 and was officially incorporated under the name Konami Industry Co., Ltd. on 19 March 1973. The company's founder and chairman, Kagemasa K?zuki , ran a jukebox rental and repair business in Toyonaka, Osaka before transforming the business into a manufacturer of amusement machines for video arcades. Their first coin-operated video game was released in 1978, and they began exporting products to the United States the following year.Konami began to achieve success with arcade games in the early 1980s, starting with Scramble , followed by hits such as Frogger , Super Cobra , Time Pilot , Roc'n Rope , Track & Field and Yie Ar Kung-Fu . Many of their early games were licensed to other companies for US release, including Stern Electronics, Sega and Gremlin Industries. They established their U.S. subsidiary, Konami of America, Inc. in 1982. It was during this period that Konami began expanding their video game business into the home consumer market following a brief stint releasing video games for the Atari 2600 in 1982 for the U.S. market. The company released numerous games for the MSX home computer standard in 1983, followed by the Nintendo Entertainment System in 1985. Numerous Konami franchises were established during this period on both platforms, as well as the arcades, such as Gradius, Castlevania, Twin Bee, Ganbare Goemon, Contra, and Metal Gear, in addition to success with hit licensed games such as Teenage Mutant Ninja Turtles . Due to the success of their arcade and NES games, Konami's earnings grew from $10 million in 1987 to $300 million in 1991. The first TMNT arcade game was Konami's highest-grossing arcade game.In June 1991, Konami's legal name was changed to Konami Co., Ltd. and their headquarters were relocated to Minato, Tokyo in April 1993. The company started supporting the 16-bit video game consoles during this period, starting with the Super NES in 1990, followed by the PC Engine in 1991 and the Sega Genesis in 1992.

After the launch of the Sega Saturn and PlayStation in 1994, Konami became a business divisional organization with the formation of various Konami Computer Entertainment subsidiaries, starting with KCE Tokyo and KCE Osaka in April 1995, followed by KCE Japan in April 1996. Each KCE subsidiary created different intellectual properties such as KCE Tokyo's Silent Hill series and KCE Japan's Metal Gear Solid series . In 1997, Konami started producing rhythm games for arcades under the Bemani brand and branched off into the collectible card game business with the launch of the Yu-Gi-Oh! Trading Card Game.In July 2000, the company's legal English name was changed to Konami Corporation, but the Japanese legal name remained the same. As the company transitioned into developing video games for the sixth-generation consoles, they branched out into the health and fitness business acquiring People Co., Ltd and Daiei Olympic Sports Club, Inc. which became Konami subsidiaries. In August 2001, the company invested in another video game publisher, Hudson Soft, which became a consolidated subsidiary after Konami accepted new third-party shares issued by them. In March 2006, Konami merged all their video game development divisions into a new subsidiary known as Konami Digital Entertainment Co. , as the parent company became a pure holding company. Their headquarters were relocated to Minato, Tokyo, in 2007.The absorption of Hudson Soft in 2012 resulted in the addition of several other franchises including: Adventure Island, Bonk, Bloody Roar, Bomberman, Far East of Eden, and Star Soldier.In April 2015, Konami delisted itself from the New York Stock Exchange following the dissolution of their Kojima Productions subsidiary. In a translated interview with Nikkei Trendy Net published in the following month, the newly appointed president of Konami's gaming division, Konami Digital Entertainment, Hideki Hayakawa, announced that Konami would shift their focus towards mobile gaming for a while, claiming that "mobile is where the future of gaming lies." The trade name of the company was changed from Konami Corporation to Konami Holdings Corporation during the same month.In 2017, Konami announced that they would be reviving some of the company's other well-known video game titles following the success of their Nintendo Switch launch title Super Bomberman R.In early 2020, Konami moved their headquarters to the Ginza district of Tokyo, which includes a facility for holding esports events as well as a school for esports players.

Konami announced a major restructuring of Konami Digital Entertainment on 25 January 2021, which including the dissolution of its Product Divisions 1, 2, and 3 to be reconsolidated into a new structure to be announced at a later time. Konami affirmed this would not affect their commitment to video games and was only an internal restructuring. On July 1st, 2022 Konami changed their corporate name again from Konami Holdings Corporation to Konami Group Corporation.


Mission
Konami’s mission is to create entertainment content that excites, entertains and fulfills the needs of its customers across the world.

Vision
Konami’s vision is to create a world in which people can enjoy rich entertainment content with high value.

Key Team

Shingo Kagawa (Gen. Mang. of Investor Relations Office)

Satoshi Kitahama (Gen. Mang. of Legal Department)

Shinichiro Yoneyama (Corp. Officer & GM of Gen. Affairs Division)

Mr. Takeshi Murota (Chief Operating Officer of Sports Bus.)

Yutaka Abe (Corp. Officer & GM of HR Division)

Mr. Noriaki Yamaguchi (Supreme Advisor)

Yoshihiro Matsuura (GM of Pres Office & Director)


Recognition and Awards
Konami has received numerous awards such as the BAFTA Games Award for Artistic Achievement, the Develop Industry Excellence Award for Audio Achievement and the Develop Industry Excellence Award for Technology Innovation.

References
Konami Holdings
Leadership team

Mr. Kagemasa Kozuki (Founder & Chairman)

Mr. Kimihiko Higashio (Pres & Representative Director)

Mr. Junichi Motobayashi (Corp. Officer & GM of Fin. Division)

Products/ Services
Digital Entertainment, Fitness, Gambling, Health Care, Software, Toys, Video Games
Number of Employees
1,000 - 20,000
Headquarters
Tokyo, Tokyo, Japan
Established
1969
Net Income
500M - 1B
Revenue
Above - 1B
Traded as
9766.T
Social Media
Sat Feb 24 2024
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