Japanese gaming giant Konami has cited the impact of US tariffs and the reluctance of customers to purchase ahead of impending cabinet launches for a 5.7% decline in revenue to JPY30.4 billion (US$199 million) in its Gaming & Systems segment for the nine months to 31 December 2025.
Segment profit fell by 61.4% to JPY1.81 billion (US$11.8 million).
Reflecting on the nine-month period, Konami said it had still enjoyed stable results in the North American and Australian markets, aided by the recent release of the new Solstice 49C cabinet, which debuted at G2E in Las Vegas in October.
The cabinet is mounted with 49-inch 4K ultra high-definition display and features lighting elements that interact with in-game and audio technology, presenting an immersive experience to players, the company explained.
Konami noted that the competitive environment in the gaming market remains intense, with competitors introducing new products successively and therefore creating an environment that requires stronger product appeal.
“Under such circumstances, Konami Group is engaged in developing new slot machines, new gaming content and new features for the casino management system,” it said.
Specifically, the company outlined plans to expand efforts in specialty gaming and iGaming, expand sales of the Solstice cabinet and continue to introduce new technologies. It also pointed to the acquisition of a gaming-related vendor license in the United Arab Emirates as an opportunity ahead of the 2027 opening of the country’s first integrated resort – Wynn Al Marjan Island.
Group-wide, Konami reported a 13.6% year-on-year increase in revenue to JPY353.0 billion (US$2.31 billion) with profit attributable to owners of the parent up 17.8% to JPY74.3 billion (US$485 million).
The company’s growth was largely attributable to its dominant Digital Entertainment or video gaming segment, where revenue was up 16.3% to JPY228.9 billion (US$1.50 billion),
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