Konami took the leap to delist itself from the New York Stock Exchange today, a move that could have severe repercussions for the company's future.
WTH !! is going on with Konami ??? have they lost there marbles ??? First Kojima is fired or something ! then they cancel Silent Hills now this. Its like a total meltdown. Are they going Bankrupt ?? Hostile takeover but by who, this is getting really odd now.
You know, i've been chatting with my friends about this before some of the reported rumors came out today, and we pretty much assumed it's because Konami just doesn't care about their gaming division and other low profit parts of their company. Sounds like they are just getting rid of what they don't see fit anymore, despite their legacy behind those studios. I've come to accept that, so yes they are 'suicidal' in a sense that they are pretty much killing off their fanbase. If that is true, it'll be interesting to see if they have the guts to give up their IP's or if they are gonna sit their and focus on mobile and be jerks with consoles and pc gaming
That could be why but why remove Kojima`s name from the MGS5 boxart, its like saying no to money there already guaranteed of getting.
Who knows tbh for all we know it could have been Kojima request, if rumors are true and he is now a contractor along with his studio, I can see why they might want to distant themselves. Then again, 5 hats unlikely
Maybe Sony should offer a buyout? Or if they do go under sweep up their assets and intellectual properties! That would be exciting,
Where are those people that still think this is a publicity stunt?
Financial troubles might be part of the story. This piece goes over some of the worrying numbers (like billions of yen in investments with only a fraction of return) and why they might have lead to the recent news. http://www.twinfinite.net/2...
I actually have to admit, delisting from a stock exchange means something huge is going on. I think there is a lot more going on here than people know, and Kojima's departure is just a very small piece of the puzzle. Delisting is a huge red flag that a company is about to file for Chapter 11 bankruptcy. With that comes either shutting down completely, or huge amounts of restructuring...something that they're already doing by centralizing it's development teams. Konami may actually be much worse off than everyone initially assumed...even before the whole Kojima fiasco. It's highly possible that Konami is going to completely leave the video game industry, or refocus itself completely on another part of the industry...mobile being my guess. And it's also possible they could be shutting down completely, which means a complete sell off. I know people hate Konami right now, but that could be a very bad thing, because while it seems awesome that some of their good IP's could end up in the right hands, the reality is is that they rarely do. Just look at THQ a few years ago...where are their old IP's now and what games do we have to show for them?
* Konami will end up being just a small mobile company 2 years from now, with maybe 5-10 people total. ^ Gaming division
I'm hoping for a Fox Die Studios spin off, Kojima takes Konami's developers and heads up a new spin off studio. I doubt that would happen though.
That's what greed does to companies.
it means what we've all been thinking they're suicidal.
Haha so true.
The focus on those panchinko machines is real!!!!!!
anyone up for a game of Lucky Hit ?? :)
Usually yes, but right now I don't have time. I'm looking for some sailors, but maybe later.
Your looking for sailors? they hang out in bars.
I think they are going to focus on yugioh exclusively lol
https://youtu.be/iMK-kajdgM... This is good to watch
How the CEO hasn't been removed is beyond belief..
Good question. Usually the Japanese market is much better at getting rid of CEOs that don't perform well compared to the west. It could be that the shareholders of Konami don't care about their gaming devision.
I know this is bad, but it's entirely possible this move could make the current investors a lot of money depending on what the end game here is. The biggest investors are typically the board or the board is made up of people who represent those investors as opposed to the company itself, which is why CEO's who do poorly often keep their jobs if the board, or those they represent, can make a ton of money with little effort. Delisting isn't good, but it also doesn't mean the end. This whole thing could have been done to make some major change at Konami that would be impossible to do on a free exchange which are heavily regulated.
because the CEO is the founder...... They've pushing for legalized gambling in Japan and should that happen the owner [CEO] has a substantial amount to gain and w/o share holders to pay.... Even in the US Konami machines are found in Casinos. I know we have a handful+ here. I imagine the only real travesty here is going to be seeing Konami making some half ass Castlevania, MGS & so on in the future. Quicker development times, less $ spent, eventually the sad truth is that they're realize quick and easy does not equal profitable. At least not in these regards as I don't see fans biting annually on MGS like other franchises should Konami go that route on their own
Sony or ms should swoop in and buy them out. Great ip properties would make great exclusives
They could buy the IP's a lot cheaper than buying up all of Konami. If Konami is in that much trouble, asset liquidation is a highly probably scenario. Unfortunately, history shows that these IP's are more often than not scooped up by companies that have very little interest in the industry, and only buy them to make a profit off them at some other point. These companies outbid the console makers because the console makers don't really need these IP's since they can just create their own. I can't think of any liquidated game IP that has ever seen the light of day after it was sold in the form of an actual game...and there are plenty of now defunct game companies out there.
Well their main business is in Japan and they haven't been delisted there so I wouldn't jump the gun. They are currently trading there for around 20 bucks per share.
All the delisting probably means is it was costing more money to maintain their presence on the stock exchange than they were making. They're also most likely doing a company wide restructure Konami Will be just fine. They have their hands in more stuff than just video games.
I hope they're being purshased by Microsoft, because being purshased by MS is worse than going bankrupt. This is what Konami deserves for destructing one of my favorite franchises, and the greatest horror franchise.
is metal gear solid 5 even coming out? hopefully somebody picks it up if it comes down to that.
It'll come out. Even if they're about to go bankrupt, that won't happen quickly, and in the meantime they need operating capital. MGS is an almost guaranteed seller, so even if they have to cut back the marketing for it, which Sony is likely paying part of anyhow, they will release it to be able to bring in that last bit of revenue in order to keep the shares as high as possible before liquidating. MGS isn't the IP I worry about. If it gets sold, it'll be a feeding frenzy for rights to that. But things like Parodius, Gradius, Castlevania, Blades of Steel(a man can hope), snatcher/policenaught, Contra, DDR, and god knows how many more I can't remember will likely just be fond memories of times gone by. Their catalog of IP's is beyond impressive. http://www.gamefaqs.com/fea...
I mean what has Konami released after MGS4 that is considered AAA? I think a buyout or grand closing is coming. All these bad signs all appearing at the same time is pretty telling.
I think the rumor about Konami's financial problem is somewhat true.
So who's going to get the Metal Gear IP?
EA and DICE. 5$ for Snake's Eyepatch DLC.
For those hoping this was still some elaborate troll, its looking less and less likely.
just a few months ago suikoden was so very successful on psn
Sony needs to bring in Kojima productions and they also need to buy the rights back to Sony.
Still waiting for Kojimas epic troll face when he comes out announcing he took over all of Konami and releases Silent Hills as a Project Morpheus launch title at the same time while it instantly sells out worldwide along with Depends diapers everywhere. Still waiting...
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