Konami has reported its financial performance for the six month period spanning April 1 to September 30, 2016. While the publisher's sales were slightly down over the same period in 2015, profits increased.

Sales were cited as $963 million, which is down from 2015's $1.2 billion. Operating profit, however, rose from $118 million to $161 million, which represents a 36 percent increase. According to Konami, mobile games such as Jinkkyou Pwafuru Puroyakyu, Professional Baseball Spirits A (Ace) and Winning Eleven (PES) Club Manager enjoyed "steady sales."

PES 2017, which launched in September, was said to have had a "strong performance" thus far. Konami also hosted a Yu-Gi-Oh! trading card championship event in August, which is presented as successful.

Konami's Health & Fitness business brought in profit and, as noted by the company, six athletes from Konami Sports Club's gymnastics and swimming teams won medals in the Rio Olympic Games. Much of Konami's remaining profit increase can be attributed to its gambling and amusement divisions.

Looking ahead, Konami said it will "continue to diversify" as new opportunities arise on smartphones and tablet PCs. "We intend to develop ways of playing games that match the characteristics of each device," it said. VR was also mentioned as an avenue of future growth.

"As we continue to move with the times and take on new challenges, we aim to create and provide 'Valuable Time' to customers, including through the production of new games that utilize virtual reality (VR) and the serious development of e-Sports."

At Gamescom 2016, Konami announced Metal Gear Survive, a multiplayer stealth game coming to Xbox One, PS4, and PC in 2017. The spinoff is set in the same universe as Metal Gear Solid V and takes place after the events of Ground Zeroes.

http://www.gamespot.com/articles/konamis-sales-dip-but-profit-rises-thanks-to-arcad/1100-6444879/

I think I see why Konami exited the game biz, for the most part. More lucrative opportunity elsewhere.

Konami is doing the right thing in spite of what otherwise on the gaming community on the internet ?

Make Silent Hill VR.

Long live Konami!!

Well, they've pretty much dropped any and all gaming endevors with risk. Mainline Metal Gear and PES are the large game investments each year and they're predictable and steady.

Pachinko e-sports? Recipe for success!

Looks like they have no need to go into invest in the video game area at this rate

Making spinoffs on VR would do them just fine.. :/

Of course.

Your not infering that you believed otherwise are you?. What banwagon "fans" dont understand is that Konami  is an Arcade developer - Castlevania, Contra, multiple shumps. Outside of MGS and PES, Konami has never made it big with console built games like Suikoden, Silent Hill. Cry all you want, they have never been big. We are in times where gamers REJECT arcade style games, thus Rejecting the kinda games that made Konami who it is. How many of you bought Contra Hardcorps last gen? How about Castlevania HD? Then ask yourselves how many of you bitching about the absence of those games? 

Edit - Forgot; The kinda arcade games that made Konami who it is are actually more mobile friendly than console. You cant make an 8 hour game out of Contra and Castlevania.