Is Konami At Risk of Closing Its Doors?

Konami's been having a bad time lately. Is the recent delisting of the company from the NYSE a sign they may be going under?
Konami's been having a bad time lately. Is the recent delisting of the company from the NYSE a sign they may be going under?

Konami has not been doing well recently.

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After their very public breakup with famed video game designer, writer, and producer Hideo Kojima and their subsequent cancelling of the hightly anticipated game Silent Hills, Konami has delisted their American Depository Shares from the New York Stock Exchange (NYSE).

Is this a sign that Konami may soon close its doors?

While Konami has announced no plans to shut down, the delisting announcement does include “a cautionary statement with respect to forward-looking statements,” saying that there are a number of factors that could negate such forward-looking statements. According to Konami, one of those factors is their “ability to continue to win acceptance of [their] products, which are offered in highly competitive markets characterized by the continuous introduction of new products, rapid developments in technology, and subjective and changing consumer preferences.”

Despite the delisting, Konami still maintains a listing in both the London Stock Exchange and the Tokyo Stock Exchange, and Metal Gear Solid V: The Phantom Pain is still slated for a September 1, 2015 release.

Do you think Konami is in danger of closing, or will the last Konami-Kojima collaboration be enough to save the ailing company? Let us know what you think in the comments.

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Jessa Rittenhouse
Jessa wears a lot of hats - anthropology graduate, mother, obsessive book nerd, writer of both fiction and non-fiction - but her favorite hat is that of the gamer - a hat she's worn since owning an Atari was a "big deal."