In an impressive achievement, the miHoYo company has surpassed the earnings of renowned video game developers such as Capcom , Ubisoft , Konami , Square Enix , Activision Blizzard and Electronic Arts through the year 2022. According to a financial report on the earnings of Chinese companies, miHoYo ( known outside of China as HoYoVerse ) and its acclaimed titles such as Genshin Impact and Honkai Impact 3rd , has generated more than 27.3 billion yuan (equivalent to about $3.83 billion) in that period.
miHoYo has left a significant mark on the video game industry thanks to its successful titles. Genshin Impact , an open-world action-adventure game, has captivated players around the world with its stunning visual design and vast world to explore. Available on mobile, PS4, PS5, and PC, the game has achieved tremendous success and has become a cultural phenomenon.
On the other hand, Honkai Impact 3rd is another prominent miHoYo franchise that has garnered a huge fan following. With its latest installment, Honkai: Star Rail , miHoYo has continued to bring exciting experiences to players on mobile and PC. Also, versions for PS4 and PS5 are expected to be released in the near future.
Despite being considered an independent company, miHoYo has proven its ability to compete with industry giants. Although miHoYo is not required to publicly disclose its earnings, its appearance on the Chinese state-run Guangming Daily 's list of top-grossing Chinese companies has provided a clear insight into its impressive financial results for the past year.
The ranking of company earnings in 2022 revealed a hierarchy in the video game industry, with Tencent at the top, followed by Tencent Gaming and Sony in second and third place respectively. However, miHoYo surprised everyone by placing fifth, beating out big-name giants like Activision Blizzard, Electronic Arts, and Ubisoft.
These results cement miHoYo as a rising force in the industry, demonstrating its ability to capture player attention and achieve significant financial success. With its focus on innovative and captivating games, miHoYo has carved out a prominent place in the competitive world of gaming and continues to attract both loyal players and new fans around the world. Their dedication to quality and creativity has allowed them to stand out in a saturated market, establishing themselves as a benchmark in the digital entertainment industry.
Source: Yaraon!
