Konami Holdings Corporation 2nd Quarter Results (0696V)

TIDMKNM

RNS Number : 0696V

Konami Holdings Corporation

31 October 2017

 
               Consolidated Financial Results 
         for the Six Months Ended September 30, 2017 
             (Prepared in Accordance with IFRS) 
                                             October 31, 2017 
 
KONAMI HOLDINGS CORPORATION 
Address:             7-2, Akasaka 9-chome, Minato-ku, Tokyo, 
                      Japan 
Stock code number, 
 TSE:                9766 
Ticker symbol,       KNM 
 LSE: 
URL:                 https://www.konami.com/ 
Shares listed:       Tokyo Stock Exchange and London Stock 
                      Exchange 
Representative:      Takuya Kozuki, Representative Director, 
                      President 
Contact:             Junichi Motobayashi, Corporate Officer, 
                      General Manager, Finance and Accounting 
                      (Phone: [phone]) 
Beginning date 
 of dividend 
 payment:            November 21, 2017 
 
 
                       (Amounts are rounded to the nearest million, except 
                                        percentages and per share amounts) 
1. Consolidated Financial Results for the Six Months 
 ended September 30, 2017 
(1) Consolidated Results of Operations (Millions of 
 Yen, except percentages and per share amounts) 
                                                                            -------------- 
                                                                Profit          Total 
                                          Profit              attributable  comprehensive 
                                           before   Profit     to owners        income 
                               Operating   income   for the      of the        for the 
                      Revenue    profit    taxes    period       parent         period 
--------------------  -------  ---------  -------  --------  -------------  -------------- 
Six months ended 
 September 30, 2017   115,356   24,951    24,836    17,186      17,180          17,816 
  % change from 
  previous year         13.8%    46.4%     52.9%     40.5%       40.6%          105.1% 
Six months ended 
 September 30, 2016   101,401   17,040    16,248    12,233      12,217          8,685 
  % change from 
  previous year        (5.9)%    36.9%     33.3%     55.9%       55.7%           19.9% 
--------------------  -------  ---------  -------  --------  -------------  -------------- 
 
 
 
                      Basic earnings   Diluted earnings 
                         per share         per share 
                       (attributable     (attributable 
                         to owners         to owners 
                       of the parent)   of the parent) 
                           (yen)             (yen) 
--------------------  ---------------  ---------------- 
Six months ended 
 September 30, 2017            127.04            125.12 
Six months ended 
 September 30, 2016             90.33             89.02 
--------------------  ---------------  ---------------- 
 
 
(2) Consolidated Financial Position (Millions 
 of Yen, except percentages and per share amounts) 
                                         Total equity         Ratio of 
                                         attributable    equity attributable 
                                           to owners          to owners 
            Total assets  Total equity   of the parent      of the parent 
----------  ------------  ------------  --------------  -------------------- 
September 
 30, 2017        349,593       247,453         246,696                 70.6% 
March 31, 
 2017            337,144       235,192         234,441                 69.5% 
----------  ------------  ------------  --------------  -------------------- 
 
 
2. Cash Dividends 
------------------------------------------------------------------------------------------------------------------ 
 Record Date                                      Cash dividends per share (yen) 
--------------  -------------------------------------------------------------------------------------------------- 
                      First               Second              Third              Year end             Annual 
                      quarter             quarter             quarter 
                        end                 end                 end 
------------    ------------------  ------------------  ------------------  ------------------  ------------------ 
Year ended 
 March 31, 
 2017                            -               17.00                   -               41.00               58.00 
Year ending                      -               30.00  ------------------  ------------------  ------------------ 
March 31, 2018 
--------------  ------------------  ------------------  ------------------  ------------------  ------------------ 
Year ending 
 March 31, 
 2018 
 -Forecast-     ------------------  ------------------                   -               30.00               60.00 
--------------  ------------------  ------------------  ------------------  ------------------  ------------------ 
        Note:   Recently announced change in dividend 
                 forecasts for the fiscal year ending 
                 March 31, 2018 during the three months 
                 ended September 30, 2017: No 
 
 
 
3. Consolidated Earnings Forecast for the Year Ending 
 March 31, 2018 
                              (Millions of Yen, except percentages and per share 
                                                                           data) 
-------------------------------------------------------------------------------- 
                                                                      Basic 
                                                                     earnings 
                                                                     per share 
                                                      Profit       (attributable 
                                          Profit    attributable     to owners 
                                           before    to owners        of the 
                               Operating   income      of the         parent) 
                      Revenue    profit    taxes       parent          (yen) 
--------------------  -------  ---------  -------  -------------  -------------- 
Year ending March 
 31, 2018             245,000     40,000   39,000         27,000      199.65 
  % change from 
  previous year          6.6%      10.0%     9.8%           4.0% 
--------------------  -------  ---------  -------  -------------  -------------- 
       Note:          Recently announced change in earnings forecasts 
                       for the fiscal year ending March 31, 2018 
                       during the three months ended September 30, 
                       2017: No 
 
 

Noted Items

(1) Changes in significant consolidated subsidiaries during the period (status changes of subsidiaries due to changes in the scope of consolidation): None

(2) Changes in accounting policies and accounting estimate

   1.      Changes in accounting policies required by IFRS: No 
   2.      Other changes: No 
   3.      Changes in accounting estimate: No 

(3) Number of shares issued (Share capital)

 
 1.  Number of shares issued: (Treasury 
      shares included) 
        As of September 30,   143,500,000   shares 
         2017 
        As of March 31, 2017  143,500,000   shares 
 2.  Number of treasury shares: 
        As of September 30,     8,265,166   shares 
         2017 
        As of March 31, 2017    8,263,356   shares 
 3.  Average number of shares outstanding: 
        Six months ended      135,235,621   shares 
         September 30, 2017 
        Six months ended      135,239,654   shares 
         September 30, 2016 
 

Earnings release (Kessan Tanshin) regarding these consolidated financial results is not subject to auditing procedures.

Cautionary statement with respect to forward-looking statements and other matters:

Statements made in this document with respect to our current plans, estimates, strategies and beliefs, including the above forecasts, are forward-looking statements about our future performance. These statements are based on management's assumptions and beliefs in light of information currently available to it and, therefore, you should not place undue reliance on them. A number of important factors could cause actual results to be materially different from and worse than those discussed in forward-looking statements. Such factors include, but are not limited to: (i) changes in economic conditions affecting our operations; (ii) fluctuations in currency exchange rates, particularly with respect to the value of the Japanese yen, the U.S. dollar and the Euro; (iii) our ability to continue to win acceptance of our products, which are offered in highly competitive markets characterized by the continuous introduction of new products, rapid developments in technology and subjective and changing consumer preferences; (iv) the timing of the release of new game titles and products, especially game titles and products that are part of historically popular series; (v) our ability to successfully expand internationally with a focus on our Digital Entertainment business and Gaming & Systems business; (vi) our ability to successfully expand the scope of our business and broaden our customer base through our Health & Fitness business; (vii) regulatory developments and changes and our ability to respond and adapt to those changes; (viii) our expectations with regard to further acquisitions and the integration of any companies we may acquire; and (ix) the outcome of existing contingencies.

Please refer to page 9 to 12 for further information regarding our business forecasts.

KONAMI HOLDINGS CORPORATION (the "Company") disclosed the supplemental data for the consolidated financial statements via the Company's website on October 31, 2017.

For the full text, please refer to the attached PDF File as below.

http://www.rns-pdf.londonstockexchange.com/rns/0696V_-2017-10-31.pdf

This information is provided by RNS

The company news service from the London Stock Exchange

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October 31, 2017 04:23 ET (08:23 GMT)