Konami
Konami Digital Entertainment Inc., is a wholly owned subsidiary of Konami Corporation, and a leading, global developer, publisher and manufacturer of electronic entertainment properties, specializing in the home video game market. Founded in March 1969, it is headquartered in Tokyo, Japan. Game series they have developed include Frogger, TwinBee, Gradius, Castlevania, Metal Gear, Power Pros, Silent Hill and the Yu-Gi-Oh! Trading Card Game along with its video games.
In July 2000, Konami purchased over 20 million shares of Takara stock for roughly ¥4.9 billion, giving them a 22.2% stake in the company. A year later, they purchased 5.6 million shares of Hudson Soft stock, making them Hudson's largest shareholder. In 2003, it co-produced DreamMix TV World Fighters, a crossover title featuring all three companies' characters, likely in an effort to increase brand awareness and interest in their IP. In April 2005, due to Takara's underperformance over the previous five years (including a ¥15 billion net loss in 2004, contributing to a ¥3.3 billion reduction in Konami net profit that year), Konami sold all their stock in the company to Index Holdings for around ¥11 billion. That same year, Konami purchased an additional 3 million Hudson shares to become its majority shareholder, before fully acquiring Hudson in 2011 and merging the company into itself in 2012.
External links
- Konami official website
- Konami on Wikipedia
