Konami of Europe has announced that it will be known as Konami Digital Entertainment. The move comes as Konami undergoes an internal restructure, with the new title representing the unification of the company's many divisions.

The change will take affect at the start of Konami's new financial year, and will act as an umbrella title for Konami's existing core business of console and PC titles, arcade games, mobile phone releases, and new additions to the company portfolio. The holding company structure will be effective as of March 31st, and the newly established and wholly-owned subsidiary Konami Digital Entertainment has been introduced specifically for European territories.

As part of its remit, Konami Digital Entertainment will continue to be a leading innovator in its fields. Forthcoming titles in the 2006/2007 financial year will include Hideo Kojima's Metal Gear Solid 3: Subsistence, Pro Evolution Soccer 6 and further titles in the phenomenally popular Yu-Gi-Oh! franchise.

"These are exciting times for Konami," commented Kunio Neo, President for Konami Digital Entertainment. "We have a hard-earned reputation for producing cutting edge titles and stand on the cusp of a new era of video games as new formats are launched. As such, this is a terrific time to grow our unified business under the new company name, and we foresee a time of great growth for Konami Digital Entertainment in the coming year and beyond."