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Home Gaming

Konami Denies Video Gaming Division Shutdown Rumours Following Restructuring

by Ian Chee
January 26, 2021
Konami
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Earlier in the month, Japanese company Konami published a report on its organisational restructuring. This involved the dissolution of three production divisions, which led to rumours of the company stepping out of the gaming scene entirely. That is not the case, as the company has since denied those allegations.

Video games news outlet Gematsu tweeted a statement by Konami with a message to that effect. In it, the company clarified that it is simply consolidating its Production Division, and not shutting down video game production.

There were some reports today citing an over a week-old restructuring announcement from Konami that mentioned dissolving its Production Divisions, which some misinterpreted as it shuttering console game production—which is false. Konami provided Gematsu the following statement: pic.twitter.com/xYdMQQpa8t

— Gematsu (@gematsu) January 25, 2021

To be fair, it’s not like the speculations were without merit. Beyond the annual PES entries, the last proper video game developed and published by Konami was Contra: Rogue Corps. And it involved a weird overheating mechanic which is very much in contrast to what the series is about – lots of shooting. Going further than that, most of what the company has done has been for the mobile front.

And of course, there’s the IPs that Konami is effectively holding, but doing nothing with. Fans have asked for the company to sell its IPs so that other companies can make use of names like Metal Gear, Silent Hill and Castlevania. But because those names are still so valuable, it’s pretty unlikely that the company will be letting them go any time soon.

ALSO READ:  OPPO Find X9 Ultra Leak Hints At Upgraded Camera Array

(Source: Gematsu / Twitter via GamesRadar+)

Filed Under konamirestructuringRumourvideo games
Updated 2:47 pm, Tue, 26 January 21
http://lowy.at/iJvDI
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