REG - Konami Group Corp - 2nd Quarter Results

KonamiAnnouncement

02/11/2022 09:15

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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: +81-3-6636-0573)
 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)
                                             Revenue       Business      Operating     Profit before  Profit for the period  Profit attributable to owners of the parent

                                                           profit        profit        income taxes
 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 for the period:  Six months ended September 30, 2022: Y28,269 million; 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 per share (attributable to owners of the parent)  Diluted earnings per share (attributable to owners of 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 assets  Total equity  Total equity attributable to owners of the parent  Ratio of equity attributable to owners of 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 end    Second quarter end  Third quarter end  Year end       Annual
 Year ended March 31, 2022                 -                   36.50              -              87.00          123.50
 Year ending March 31, 2023                -                   62.00              *******        *******        *******
 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)
                                     Revenue      Business     Operating    Profit before  Profit attributable to owners of the parent  Basic earnings per share (attributable to owners of the parent) (yen)

                                                  profit       profit       income taxes
 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 shares included)
       As of September 30, 2022             143,500,000     shares
       As of March 31, 2022                 143,500,000     shares
  2.   Number of treasury 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 30, 2022  134,224,059     shares
       Six months ended September 30, 2021  133,265,479     shares

 

 

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
(http://www.rns-pdf.londonstockexchange.com/rns/0679F_1-2022-11-2.pdf)

 

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