Konami has published six month earnings figures, which reveal a 2% drop in revenues and announced plans to restructure operations at the end of the financial year.

For the half-year ending September 30, Konami posted revenues of US$951 million. The figure for the same period last year stood at US$970 million.

The company is confident that its fortunes will improve as the year progresses, however, forecasting year-end revenues of US$2.3 billion - a 4% increase on last year's figure. Titles such as "Winning Eleven", "Pro Evolution Soccer", "Suikoden V", along with PSP and PS2 installments in the "Metal Gear Solid" series, are expected to boost profits.

Konami also announced restructuring plans which will see its Japanese gaming divisions merging with foreign operations to become a single subsidiary. Konami has already begun the restructuring process by dividing operations into three segments, under the headings Health & Fitness, Gaming and System & Digital Entertainment. The latter incorporates Computer & Videogames, Toy & Hobby, Amusement and Online & Multimedia operations.

Konami said the restructuring program is designed to create more management transparency and efficiency, and to improve profits by making it easier to ascertain the performance of each division. Konami will continue to be listed on the stock market.

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