Konami Holdings Corporation 3rd Quarter Results (4228B)

TIDMKNM

RNS Number : 4228B

Konami Holdings Corporation

30 January 2020

 
                    Consolidated Financial Results 
              for the Nine Months Ended December 31, 2019 
                  (Prepared in Accordance with IFRS) 
                                                       January 30, 2020 
 
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:    - 
 
 
                   (Amounts are rounded to the nearest million, except percentages and 
                                                                    per share amounts) 
1. Consolidated Financial Results for the Nine Months Ended December 
 31, 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 
-----------------------------  --------  ----------  --------  --------  -------------  ------------------- 
Nine months ended December 
 31, 2019                      193,106     23,976     23,494    16,312      16,309            15,885 
  % change from previous 
  year                           0.2%      (39.2)%    (40.0)%   (40.1)%     (40.1)%           (43.5)% 
Nine months ended December 
 31, 2018                      192,631     39,440     39,186    27,222      27,215            28,136 
  % change from previous 
  year                           7.8%       2.4%       2.8%      4.5%         4.5%              4.9% 
-----------------------------  --------  ----------  --------  --------  -------------  ------------------- 
 
 
 
                                  Basic earnings           Diluted earnings 
                              per share (attributable   per share (attributable 
                                   to owners of              to owners of 
                                    the parent)               the parent) 
                                       (yen)                     (yen) 
---------------------------  ------------------------  ------------------------ 
Nine months ended December 
 31, 2019                                      120.60                    118.80 
Nine months ended December 
 31, 2018                                      201.25                    198.17 
---------------------------  ------------------------  ------------------------ 
 
 
(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 
---------------  ------------  ------------  -------------  --------------- 
December 31, 
 2019                 395,798       273,102        272,302            68.8% 
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, 
 2020                                     -       38.00                - 
--------------------------  ---------------  ----------  ---------------  ---------  ------ 
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 December 31, 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                    263,500     33,000         32,000               21,000      155.29 
  % change from previous 
  year                          0.4%    (34.7)%        (36.4)%              (38.6)% 
--------------------------  --------  ---------  -------------  -------------------  --------------- 
                    Note)  Recently announced change in earnings forecasts for the fiscal 
                            year ending March 31, 2020 during the three months ended December 
                            31, 2019: Yes 
 
 

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 December 31, 2019     143,500,000   shares 
        As of March 31, 2019        143,500,000   shares 
 2.  Number of treasury shares: 
        As of December 31, 2019       8,267,546   shares 
        As of March 31, 2019          8,266,959   shares 
 3.  Average number of shares outstanding: 
        Nine months ended December  135,232,809   shares 
         31, 2019 
        Nine months ended December  135,233,376   shares 
         31, 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 January 30, 2020.

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/4228B_1-2020-1-30.pdf

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January 30, 2020 03:52 ET (08:52 GMT)