Konami denies rumors it plans on shutting down

Konami denies rumors it plans on shutting down

Talk of the video game company closing its doors permanently aren’t true

Earlier this week, some reports were stating that Konami had officially closed down its entire business related to video games as an internal restructuring plan was announced via its corporate website. Besides this, it was also reported by the Japanese publisher that Konami is looking to dissolve three productions from February 1 “to respond to the rapid market that surrounds us.” Given the circumstances, the rumor mills started turning in overdrive, but Konami has now confirmed that it isn’t planning on going anywhere.

A Konami spokesperson shared the following statement, “The announcement made refers to an internal restructure, with Production Divisions being consolidated. We have not ‘shut down’ our video gaming division.” It was explained by the publisher that the reason for the restructuring is to allow its development teams to report directly to upper-management so that way the communication chain can be faster and more efficient; there’s no idea to shut down the whole operation behind it.

As is well known, a next-gen version of Pro Evolution Soccer is coming to PlayStation 5 and Konami is working hard to get it done as soon as possible. With this, the Fox Engine will be replaced by the Unreal Engine. Apparently, there are some other rumors about Metal Gear and Silent Hill also getting a new version; however, based on recent speculations, that expectation might feel like wishful thinking on these times.

Making games isn’t the only business Konami has, and, even though it has been quiet lately, the company is also running other operations, such as gyms and casinos.

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