Konami Group Corporation 1st Quarter Results (9364U)

TIDMKNM

RNS Number : 9364U

Konami Group Corporation

04 August 2022

 
                      Consolidated Financial Results 
                 for the Three Months Ended June 30, 2022 
                    (Prepared in Accordance with IFRS) 
                                                            August 4, 2022 
 
KONAMI GROUP CORPORATION 
Address:             11-1, Ginza 1-chome, Chuo-ku, Tokyo, Japan 
Stock code number, 
 TSE:                9766 
Ticker symbol, LSE   KNM 
 : 
URL:                 https://www.konami.com/ 
Shares listed:       Tokyo Stock Exchange and London Stock Exchange 
Representative:      Kimihiko Higashio, Representative Director, President 
Contact:             Junichi Motobayashi, Corporate Officer , General 
                      Manager, Finance Division 
                      (Phone: [phone]) 
Beginning date of 
 dividend payment:   - 
 
 
                            (Amounts are rounded to the nearest million , except percentages and 
                                                                              per share amounts) 
1. Consolidated Financial Results for the Three Months Ended June 
 30, 2022 
(1) Consolidated Results of Operations (Millions of Yen, except percentages 
 and per share amounts) 
 
                                                                                        Profit 
                                                                 Profit               attributable 
                                                                 before    Profit      to owners 
                                          Business   Operating   income    for the       of the 
                                Revenue     profit     profit     taxes    period        parent 
-----------------------------  ---------  ---------  ---------  --------  --------  --------------- 
Three months ended June 
 30, 2022                       71,905     14,099     14,040     15,852    11,432       11,432 
  % change from previous 
  year                            5.2%     (30.5)%    (27.8)%    (17.1)%   (16.3)%      (16.3)% 
Three months ended June 
 30, 2021                       68,326     20,278     19,437     19,115    13,658       13,659 
  % change from previous 
  year                           29.2%      64.2%      187.0%    204.2%    225.7%        225.7% 
----------------------------- 
Total comprehensive income     Three months ended June 30, 2022: Y16,724 million; 
 for the period:                22.9% 
                               Three months ended June 30, 2021: Y13,608 million; 
                                216.2% 
 Note)   Business profit is calculated by deducting "cost of revenue" and 
           "selling, general and administrative expenses" from "revenue." 
 
 
 
                          Basic earnings  Diluted earnings 
                            per share (      per share ( 
                           attributable     attributable 
                           to o wners of    to o wners of 
                           the parent )     the parent ) 
                               (yen)            (yen) 
------------------------  --------------  ---------------- 
Three months ended June 
 30, 2022                          85.41             84.38 
Three months ended June 
 30, 2021                         102.54            100.86 
------------------------  --------------  ---------------- 
 
 
(2) Consolidated Financial Position (Millions of Yen , except 
 percentages and per share amounts) 
                                             Total e quity  Ratio of equity 
                                              attributable    attributable 
                                              to owners of    to owners of 
                 Total assets  Total equity    the parent      the parent 
---------------  ------------  ------------  -------------  --------------- 
June 30, 2022         527,733       356,138        356,123            67.5% 
March 31, 2022        528,613       348,076        348,061            65.8% 
---------------  ------------  ------------  -------------  --------------- 
 
 
2. Cash Dividends 
----------------------------------------------------------------------------------- 
      Record Date                      Cash dividends per share (yen) 
------------------------  --------------------------------------------------------- 
                          First quarter   Second   Third quarter  Year end  Annual 
                               end        quarter       end 
                                            end 
--------  --------------  -------------  --------  -------------  --------  ------- 
Year ended March 
 31, 2022                             -     36.50              -     87.00   123.50 
Year ending March                     -   *******        *******   *******  ******* 
 31, 2023 
------------------------  -------------  --------  -------------  --------  ------- 
Year ending March 
 31, 2023 (Forecast)            *******     62.00              -     62.00   124.00 
------------------------  -------------  --------  -------------  --------  ------- 
   Note)  Recently announced change in dividend forecasts for 
           the fiscal year ending March 31, 2023 during the three 
           months ended June 30, 2022: No 
 
 
 
3. Consolidated Earnings Forecast for the Year Ending March 31, 2023 
                                          (Millions of Yen, except percentages and per share amounts) 
                                                                                     Basic earnings 
                                                                                        per share 
                                                                        Profit        ( attributable 
                                                            Profit    attributable      to o wners 
                                                             before    to owners          of the 
                                       Business  Operating   income      of the           parent 
                              Revenue   profit     profit    taxes       parent          ) (yen) 
----------------------------  -------  --------  ---------  -------  -------------  ----------------- 
Year ending March 31, 
 2023                         320,000   81,000    76,500    76,500      55,000           411.74 
  % change from previous 
  year                          6.8%     0.9%       2.8%      1.8%        0.4% 
  Note)   Recently announced change in earnings forecasts for the fiscal 
           year ending March 31, 2023 during the three months ended June 30, 
           2022: 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 s hares 
      included) 
        As of June 30 , 2022     143,500,000   shares 
        As of March 31, 2022     143,500,000   shares 
 2.  Number of t reasury shares : 
        As of June 30 , 2022       9,221,145   shares 
        As of March 31, 2022       9,919,591   shares 
 3.  Average number of shares outstanding: 
        Three months ended June  133,844,714   shares 
         30, 2022 
        Three months ended June  133,213,056   shares 
         30, 2021 
 

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, Amusement, and Gaming & Systems businesses; (vi) our ability to successfully expand the scope of our business and broaden our customer base through our Sports 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 from 9 to 11 for further information regarding our business forecasts.

KONAMI GROUP CORPORATION (the "Company") disclosed the supplemental data for the consolidated financial statements via the Company's website on August 4, 2022.

As for the full text of the earnings release, please refer to the attached PDF File as below.

http://www.rns-pdf.londonstockexchange.com/rns/9364U_1-2022-8-4.pdf

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August 04, 2022 05:18 ET (09:18 GMT)