REG - Konami Group Corp - 2nd Quarter Results

KonamiAnnouncement

31/10/2024 07:00

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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: +81-3-6636-0573)
 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)

 

                                                                                                        Profit

                                                                                                        attributable to

                                                Business   Operating   Profit before   Profit for the   owners of the

                                      Revenue   profit     profit      income taxes    period           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       Diluted earnings per

                                      share (attributable to   share (attributable to

                                      owners of the parent)    owners of the parent)

                                      (yen)                    (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 equity             Ratio of equity

                                                   attributable to owners   attributable to owners

                     Total assets   Total equity   of the parent            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  Second quarter  Third quarter  Year end  Annual

                                        end            end             end
 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)

 

                                                                                                 Basic earnings

                                                                                                 per share

                                                                               Profit            (attributable

                                                                               attributable to   to owners of

                                        Business   Operating   Profit before   owners of the     the parent)

                              Revenue   profit     profit      income taxes    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
(http://www.rns-pdf.londonstockexchange.com/rns/3876K_1-2024-10-31.pdf)

 

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