Konami is changing its trade name – but it’s nothing you need to worry about

Konami has announced plans to change its trade name later this year – but it’s nothing to get too worked up about.

From October 1, 2015, Konami Corporation will be renamed Konami Holdings Corporation, with the company hoping the change will help “promote a clear understanding of its position among stakeholders”.

“Ever since the Company shifted to a pure holding company structure on March 31, 2006, the Company has managed the operation of four primary businesses – Digital Entertainment, Health & Fitness, Gaming & Systems, and Pachislot & Pachinko Machines – at its group companies engaged in the aforementioned businesses,” Konami said in a notice posted on its website.

“As the Company enters the 10th year under the pure holding company structure in March next year, the Company aims to once again promote a clear understanding of its position among stakeholders by changing the trade name.”

Konami revealed its FY 2015 financial results last night, posting a 0.3 percent net revenue increase on the previous year despite releasing fewer video game titles under its Digital Entertainment division. As a result, the Digital Entertainment business posted a net revenue of ¥96,975 million, marking a year-on-year decrease of 7.1 percent.

It has high hopes for this September’s Metal Gear Solid 5: The Phantom Pain, however, which it says “has garnered great response from home and abroad”.

Source: Konami