Konami income declines as expected in first half of fiscal 2010
Konami courteously warned its investors last week that the first half of this fiscal year had been ... unfavorable to the company. It forecasted a year-over-year decline in net income of 82%, falling from ¥12 billion ($132 million) in the first half of FY 2009 to ¥2 billion ($24 million) in the first half of FY 2010. This forecast now seems incredibly pessimistic in light of the recently released financial report, which reveals a net income decrease of 81%, down to ¥2.2 billion ($24.4 million) in the first half of FY 2010.
See, Konami? Shake off that melancholy. That's one whole percent less than you expected to lose! Hey, you know what they say: When life takes one less lemon away from you than you expect it to take, then you can make lemonade with that lemon. Sure, it'll be fairly weak lemonade with just the one lemon, but it'll still be crisp and refreshing.
