Konami Holdings Corporation 2nd Quarter Results (7684R)

TIDMKNM

RNS Number : 7684R

Konami Holdings Corporation

31 October 2019

 
                    Consolidated Financial Results 
              for the Six Months Ended September 30, 2019 
                  (Prepared in Accordance with IFRS) 
                                                       October 31, 2019 
 
KONAMI HOLDINGS CORPORATION 
Address:              7-2, Akasaka 9-chome, Minato-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:       Takuya Kozuki, Representative Director, President 
Contact:              Junichi Motobayashi, Corporate Officer, General 
                       Manager, Finance and Accounting 
                       (Phone: [phone]) 
Beginning date of 
 dividend payment:    November 21, 2019 
 
 
                   (Amounts are rounded to the nearest million, except percentages and 
                                                                    per share amounts) 
1. Consolidated Financial Results for the Six Months Ended September 
 30, 2019 
(1) Consolidated Results of Operations (Millions of Yen, except percentages 
 and per share amounts) 
                                                                                        ------------------- 
                                                                            Profit 
                                                      Profit              attributable  Total 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, 2019                      121,089     20.922     20,404    15,200      15,201            13,671 
  % change from previous 
  year                          (0.9)%     (16.4)%    (18.2)%   (11.6)%     (11.6)%           (29.4)% 
Six months ended September 
 30, 2018                      122,168     25,027     24,948    17,197      17,196            19,363 
  % change from previous 
  year                           5.9%       0.3%       0.5%      0.1%         0.1%              8.7% 
-----------------------------  --------  ----------  --------  --------  -------------  ------------------- 
 
 
 
                                  Basic earnings           Diluted earnings 
                              per share (attributable   per share (attributable 
                                   to owners of              to owners of 
                                    the parent)               the parent) 
                                       (yen)                     (yen) 
---------------------------  ------------------------  ------------------------ 
Six months ended September 
 30, 2019                                      112.41                    110.67 
Six months ended September 
 30, 2018                                      127.16                    125.22 
---------------------------  ------------------------  ------------------------ 
 
 
(2) Consolidated Financial Position (Millions of Yen, except 
 percentages and per share amounts) 
                                             Total equity   Ratio of equity 
                                              attributable    attributable 
                                              to owners of    to owners of 
                 Total assets  Total equity    the parent      the parent 
---------------  ------------  ------------  -------------  --------------- 
September 30, 
 2019                 404,084       276,029        275,233            68.1% 
March 31, 2019        378,037       276,404        275,627            72.9% 
---------------  ------------  ------------  -------------  --------------- 
 
 
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, 
 2019 
 Regular dividends                        -      35.50                -      40.50    76.00 
 Commemorative dividends                  -      25.00                -      25.00    50.00 
          Total                           -      60.50                -      65.50   126.00 
                                                        ---------------  ---------  ------- 
Year ending March 31,                     -      38.00      *******       *******   ******* 
 2020 
--------------------------  ---------------  ---------  ---------------  ---------  ------- 
Year ending March 31, 
 2020 (Forecast)                *******       *******                 -      38.00    76.00 
                    Note)  Recently announced change in dividend forecasts for 
                            the fiscal year ending March 31, 2020 during the three 
                            months ended September 30, 2019: No 
 
 
 
3. Consolidated Earnings Forecast for the Year Ending March 31, 
 2020 
                                          (Millions of Yen, except percentages and per share amounts) 
----------------------------------------------------------------------------------------------------- 
                                                                                      Basic earnings 
                                                                                         per share 
                                                                                       (attributable 
                                                                 Profit attributable     to owners 
                                      Operating   Profit before       to owners        of the parent) 
                            Revenue     profit     income taxes     of the parent          (yen) 
--------------------------  --------  ----------  -------------  -------------------  --------------- 
Year ending March 
 31, 2020                    270,000      47,000         46,000               30,000      221.84 
  % change from previous 
  year                          2.8%      (7.0)%         (8.6)%              (12.3)% 
--------------------------  --------  ----------  -------------  -------------------  --------------- 
                    Note)  Recently announced change in earnings forecasts for the fiscal 
                            year ending March 31, 2020 during the three months ended September 
                            30, 2019: 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: Yes 
   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, 2019    143,500,000   shares 
        As of March 31, 2019        143,500,000   shares 
 2.  Number of treasury shares: 
        As of September 30, 2019      8,267,284   shares 
        As of March 31, 2019          8,266,959   shares 
 3.  Average number of shares outstanding: 
        Six months ended September  135,232,923   shares 
         30, 2019 
        Six months ended September  135,233,431   shares 
         30, 2018 
 

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 10 to 13 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, 2019.

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/7684R_1-2019-10-31.pdf

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October 31, 2019 04:51 ET (08:51 GMT)