Konami predicts 88% rise in profits

Konami has revealed that it expects profits to rise by 88% by the end of the current fiscal year due to sales of PlayStation 3 exclusive Metal Gear Solid 4: Guns Of The Patriots.

The Tokyo-based developer's forecast predicted that operating income will increase 74.8% to JPY 22.8 billion (£143 million), with revenues up 9.8% to JPY 146.9 billion (£924 million).

Other factors attributed to the anticipated rise in profits were strong sales of card games products and products for arcades.

Full financial results are released on November 6.