Konami Group Corporation 2nd Quarter Results (0679F)

TIDMKNM

RNS Number : 0679F

Konami Group Corporation

02 November 2022

 
                      Consolidated Financial Results 
               for the Six Months Ended September 30, 2022 
                    (Prepared in Accordance with IFRS) 
                                                          November 2, 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:   November 25, 2022 
 
 
                          (Amounts are rounded to the nearest million , except percentages and 
                                                                            per share amounts) 
1. Consolidated Financial Results for the Six Months Ended September 
 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 
-------------------------------  ----------  -----------  ------------  ----------  ----------  ------------- 
Six months ended September 
 30, 2022                         148,359      25,611        25,396       27,479      19,847       19,847 
  % change from previous 
  year                              6.4%       (33.7)%       (35.1)%      (28.9)%     (28.0)%      (28.0)% 
Six months ended September 
 30, 2021                         139,486      38,639        39,110       38,673      27,559       27,558 
  % change from previous 
  year                              20.2%       50.2%         83.0%        91.3%       99.9%        99.8% 
------------------------------- 
Total comprehensive income       Six months ended September 30, 2022: Y28,269 million; 
 for the period:                  1.9% 
                                 Six months ended September 30, 2021: Y27,737 million; 
                                  106.2% 
 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) 
---------------------------  --------------  ---------------- 
Six months ended September 
 30, 2022                            147.87            146.48 
Six months ended September 
 30, 2021                            206.79            203.47 
---------------------------  --------------  ---------------- 
 
 
(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 
---------------  ------------  ------------  -------------  --------------- 
September 30, 
 2022                 534,981       372,847        372,832            69.7% 
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                     -      62.00          *******    *******  ******* 
 31, 2023 
----------------------  ---------------  ---------  ---------------  ---------  ------- 
Year ending March 
 31, 2023 (Forecast)            *******    *******                -      62.00   124.00 
----------------------  ---------------  ---------  ---------------  ---------  ------- 
                Note)  Recently announced change in dividend forecasts for 
                        the fiscal year ending March 31, 2023 during the three 
                        months ended September 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 September 
                            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 September 30 , 2022   143,500,000   shares 
        As of March 31, 2022        143,500,000   shares 
 2.  Number of t reasury shares : 
        As of September 30 , 2022     8,004,425   shares 
        As of March 31, 2022          9,919,591   shares 
 3.  Average number of shares outstanding: 
        Six months ended September  134,224,059   shares 
         30, 2022 
        Six months ended September  133,265,479   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 November 2, 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/0679F_1-2022-11-2.pdf

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November 02, 2022 05:08 ET (09:08 GMT)