All the fallout - Just what is going on with Konami?

With all the news surrounding Konami, from creators being erased from their history to delistings from the stock exchange, the question becomes - just what the heck is going on?

For those unaware, this whole saga began on March 3rd of this year, when Konami announced ‘Organizational Restructuring and Personnel Changes’ on its official Japanese website. This then turned into quite the mystery as Konami began systematically removing the Hideo Kojima (creator of Metal Gear franchise) name from all official promotional material surrounding the latest Metal Gear Solid: The Phantom Pain game title.

It was then reported by Gamespot on March 19th, whom cited inside sources that Kojima was indeed leaving the company and currently working under contract, until the release of Metal Gear Solid: The Phantom Pain in September 2015.

Unfortunately that change now meant a planned Silent Hills game had indeed been cancelled, at least the Silent Hills incarnation starring The Walking Dead actor Norman Reedus under the vision of Hideo Kojima and filmmaker Guillermo del Toro - with Konami confirming to Polygon and subsequently announcing the imminent removal of P.T. (Playable Teaser) from the PlayStation Store.

Then on April 27th Konami announced they will be voluntarily removing the company from the New York Stock Exchange.

And the most recent announcement on May 5th from the company, being a retro-inspired clothing line based on the Metal Gear Solid franchise.

In The Author's Opinion

The news regarding the delisting isn't a big deal, I think if this was a forced decision caused by low confidence from investors it would be a serious problem. But the reasoning behind voluntarily removing themselves from the NYSE is sound for a company looking to admittedly "restructure and refocus" - especially when it most likely costs more to be in that particular market, than they make there.

I believe Konami as a company is transforming, they may no longer be what we knew, they may no longer even see console gaming as a viable investment - par for the course of a company who have relegated much beloved intellectual property to dusty shelves for decades.

Will we see a different incarnation of Silent Hill? Maybe, but I’m not holding out much hope. Games are what Konami are famous for, but not necessarily what makes them money, with slot machines and various Gym's being the breadwinner.

So it wouldn't shock or even surprise me, to see Konami slowly shrivel their gaming output even further, which has been it's trend since the companies inception into console gaming.

What do you think of the recent Konami developments? Let me know in the comments below.

NewsInfo

Konami (Corporation) is a japanese video-game developer and publisher known for Silent Hill, Metal Gear Solid and the Castlevania franchises among many more.

The company was founded in 1969, and its current headquaters are located in Tokyo, Japan. It's Pro Evolution Soccer franchise is known as Winning 11 in Japan.

News by: David Robinson
Twitter: @5ypher

Posted on 6th May 2015