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Silent Hill publisher Konami has today slashed its financial forecast for the 12-month period ending this March 31st, with expected profits almost halved.
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Konami had hoped to make a 76.5bn yen (£480m) operating profit for the year, but now expects to arrive at 42.4bn yen (£270m). Konami’s revenue forecast is also down for the year, though not by as much – from 320bn yen to 303bn yen.
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The publisher is tight-lipped as to the exact reasons why it has so dramatically changed its finanical outlook, and simply <a href=)
stated it related to “the profit plan for some titles in the digital entertainment business”.
Source – eurogamer.net
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