Konami shares reached unprecedented levels driven by the success of eFootball and the latest release in the Momotaro Dentetsu series

Konami's stock prices have surged to unprecedented levels, fueled by the news of a new Momotaro Dentetsu game and the continued success of its soccer video game series, eFootball.

According to GameBiz and Automaton translations, the Momotaro Dentetsu series, first introduced to the market in December 1988, remains one of Konami's most successful intellectual properties. It boasts sales of 18.9 million units, nearly doubling the sales of the Silent Hill franchise, which has recorded 11.7 million units sold since March 1999.

Momotaro Dentetsu is a popular Japanese video game series reminiscent of Monopoly, where players navigate via rail, ship, and air to accumulate properties while dodging the "God of Poverty." The latest installment marks the series' twenty-fifth release, not counting various mobile spin-offs.

The uptick in Konami's stock is part of a broader trend of strong performances by Japanese gaming publishers. GameBiz reports that other companies such as Nintendo, Bandai Namco Holdings, Sega Sammy Holdings, Square Enix Holdings, Capcom, and Koei Tecmo Holdings are also experiencing high stock prices, while Sony Group is facing lower valuations.

Financial results released by Konami for the nine months ending December 31, 2024, indicate a 22% increase in revenues to ¥310.8 billion and a 38% rise in profits to ¥87.1 billion. In light of these results, Konami has updated its financial forecasts for the year.

The company initially projected its full-year revenues to hit ¥380 billion ($2.4 billion), but this has been adjusted to ¥412 billion ($2.6 billion), showing a 14.3% upward revision.