Konami Group Corporation 2nd Quarter Results

RNS Number : 3876K

Konami Group Corporation

31 October 2024

 

 

Consolidated Financial Results

for the Six Months Ended September 30, 2024

(Prepared in Accordance with IFRS)

October 31, 2024

 

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 21, 2024

 

(Amounts are rounded to the nearest million, except percentages and per share amounts)

1. Consolidated Financial Results for the Six Months Ended September 30, 2024

(1) Consolidated Results of Operations

(Millions of Yen, except percentages and per share amounts)

 

	Revenue	Business profit	Operating profit	Profit before income taxes	Profit for the period	Profit attributable to owners of the parent
Six months ended September 30, 2024	184,084	50,217	49,844	50,863	36,401	36,401
% change from previous year	19.7%	41.8%	40.6%	37.4%	35.7%	35.7%
Six months ended September 30, 2023	153,851	35,414	35,443	37,008	26,834	26,834
% change from previous year	3.7%	38.3%	39.6%	34.7%	35.2%	35.2%

 

Total comprehensive income for the period:	Six months ended September 30, 2024: 31,788 million yen;  (8.1)%
	Six months ended September 30, 2023: 34,581 million yen;   22.3%

 

Note)

Business profit is calculated by deducting "cost of revenue" and "selling, general and administrative expenses" from "revenue."

 

	Basic earnings per share (attributable to owners of the parent) (yen)	Diluted earnings per share (attributable to owners of the parent) (yen)
Six months ended September 30, 2024	268.53	268.53
Six months ended September 30, 2023	197.95	197.95

 

(2) Consolidated Financial Position

(Millions of Yen, except percentages and per share amounts)

 

	Total assets	Total equity	Total equity attributable to owners of the parent	Ratio of equity attributable to owners of the parent
September 30, 2024	617,760	449,807	449,791	72.8%
March 31, 2024	605,850	427,378	427,362	70.5%

 

2. Cash Dividends

Record Date	Cash dividends per share (yen)
	First quarter end	Second quarter end	Third quarter end	Year end	Annual
Year ended March 31, 2024	-	62.00	-	69.00	131.00
Year ending March 31, 2025	-	66.00	******	******	******
Year ending March 31, 2025 (Forecast)	******	******	-	66.00	132.00

 

Note)

Recently announced change in dividend forecasts for the fiscal year ending March 31, 2025 during the three months ended September 30, 2024: No

 

3. Consolidated Earnings Forecast for the Year Ending March 31, 2025

(Millions of Yen, except percentages and per share amounts)

 

	Revenue	Business profit	Operating profit	Profit before income taxes	Profit attributable to owners of the parent	Basic earnings per share (attributable to owners of the parent) (yen)
Year ending March 31, 2025	380,000	92,500	84,500	84,500	59,500	438.93
% change from previous year	5.5%	4.9%	5.3%	2.2%	0.6%

 

Note)

Recently announced change in earnings forecasts for the fiscal year ending March 31, 2025 during the three months ended September 30, 2024: No

 

Noted Items

(1)  Significant changes in the scope of consolidation during the period: None

 

(2)  Changes in accounting policies and changes in accounting estimates

1.	Changes in accounting policies required by IFRS: None
2.	Changes in accounting policies due to other reasons: None
3.	Changes in accounting estimates: None

 

(3)  Number of shares issued (Share capital)

1.	Number of shares issued: (Treasury shares included)
	As of September 30, 2024	143,500,000	shares
	As of March 31, 2024	143,500,000	shares
2.	Number of treasury shares:
	As of September 30, 2024	7,942,662	shares
	As of March 31, 2024	7,942,166	shares
3.	Average number of shares outstanding:
	Six months ended September 30, 2024	135,557,586	shares
	Six months ended September 30, 2023	135,558,561	shares

 

Semi-annual financial results reports are exempt from review conducted by certified public accountants or an audit firm.

 

 

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 October 31, 2024.

 

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/3876K_1-2024-10-31.pdf

 

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