On April 24, Konami delisted itself from the New York Stock Exchange, meaning the company will no longer sell its stocks in one of the world’s most dynamic markets.
In an official press release, Konami justified the decision, stating that the low volume of Konami stocks being traded implies that “the continued listing on the NYSE is not economically justified.” The company confirmed that it will continue to trade stocks in both the London and Tokyo Stock Exchanges.
Such a drastic step is yet another surprising development in the ongoing Konami controversy, which began with rumors of a shakeup involving longtime partner Hideo Kojima back in March.
Coupled with today’s cancellation of Silent Hills, the fact that Konami will no longer participate in the New York Stock Exchange is alarming for one of the industry’s most prolific publishers. The love-hate relationship with Kojima and current restructuring efforts leave the company in a strange place going forward.
What do you think this will mean for the future of Konami as a viable game publisher/developer? How will this affect Kojima and MGSV? And how disappointed are you that Silent Hills has been cancelled? Sound off in the comments below!