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Uh huh.
Konami are dipping their programmers into the wonderful world of health care...
Right.
Here's the story from Tendobox.
Konami Corp. shares fell 6.8 percent after the maker of video-game software for Sony Corp., Nintendo Co. and Microsoft Corp. said it plans to start making health-care equipment.
Yesterday, Konami president Kagemasa Kozuki told analysts and reporters that the company is planning to make equipment in China to sell to fitness centers in Japan. Kozuki did not specify when or where in China it will start production.
Healthcare is a new field the company is trying to develop as sales of its "Yu-Gi-Oh!" card game, the primary engine for Konami's earnings growth last year, are forecast to slow this year. In February, Konami bought a 54.6 percent stake in People Co., Japan's largest operator of fitness centers. Investors' reaction was not what the company expected.
"Foreign investors do not want to hear the word `health- care' from the company," said Takiko Mori, an analyst with UBS Warburg Ltd. "Investors don't like the idea of hardware production, and health-care equipment is a sort of hardware."
Konami shares fell a third consecutive day, losing 380 yen to 5,230 yen. About 740,000 shares traded, exceeding its six-month daily average. Konami shares have fallen about 22 percent since late January when the company announced it would take control of the fitness center operator.
Konami are dipping their programmers into the wonderful world of health care...
Right.
Here's the story from Tendobox.
Konami Corp. shares fell 6.8 percent after the maker of video-game software for Sony Corp., Nintendo Co. and Microsoft Corp. said it plans to start making health-care equipment.
Yesterday, Konami president Kagemasa Kozuki told analysts and reporters that the company is planning to make equipment in China to sell to fitness centers in Japan. Kozuki did not specify when or where in China it will start production.
Healthcare is a new field the company is trying to develop as sales of its "Yu-Gi-Oh!" card game, the primary engine for Konami's earnings growth last year, are forecast to slow this year. In February, Konami bought a 54.6 percent stake in People Co., Japan's largest operator of fitness centers. Investors' reaction was not what the company expected.
"Foreign investors do not want to hear the word `health- care' from the company," said Takiko Mori, an analyst with UBS Warburg Ltd. "Investors don't like the idea of hardware production, and health-care equipment is a sort of hardware."
Konami shares fell a third consecutive day, losing 380 yen to 5,230 yen. About 740,000 shares traded, exceeding its six-month daily average. Konami shares have fallen about 22 percent since late January when the company announced it would take control of the fitness center operator.
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Oh, no, just a perfectly innocent comment!
turbonutter wrote:
> And some people pay forum users to do it for them :)
Was that an accusat...... ah forget it
> And some people pay forum users to do it for them :)
Was that an accusat...... ah forget it
And some people pay forum users to do it for them :)
Goatboy wrote:
> Computer Gamers and Gym Equipment is like Superman and
> Kryptonite.
That is why they will fail at this.
These guys are
> C.E.O's, do they not think?
Nope, they pay people to do it for them :)
> Computer Gamers and Gym Equipment is like Superman and
> Kryptonite.
That is why they will fail at this.
These guys are
> C.E.O's, do they not think?
Nope, they pay people to do it for them :)
Computer Gamers and Gym Equipment is like Superman and Kryptonite.
That is why they will fail at this.
These guys are C.E.O's, do they not think?
That is why they will fail at this.
These guys are C.E.O's, do they not think?
Not a bad idea, actually. Sell them just after the release of MGS2, and you've got yourself a packet.
Konami might go a bit downhill though.
Konami might go a bit downhill though.
It looks like a great time to buy the shares then.
Well, it doesn't look like, anyway.
Nope.
It's gotta be a wind-up.
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