REG - Konami Group Corp - 3rd Quarter Results

KonamiAnnouncement

31/01/2025 07:30

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RNS Number : 4425V  Konami Group Corporation  31 January 2025

 

 Consolidated Financial Results
 for the Nine Months Ended December 31, 2024
 (Prepared in Accordance with IFRS)
 January 31, 2025

 

 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:

                                      -

 

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

1. Consolidated Financial Results for the Nine Months Ended December 31, 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 period   owners of the

                                      Revenue   profit     profit      income taxes                            parent
 Nine months ended December 31, 2024  310,829   87,143     86,700      88,790          63,110                  63,110
 % change from previous year          22.8%     38.7%      45.5%       44.4%           41.8%                   41.8%
 Nine months ended December 31, 2023  253,096   62,821     59,608      61,501          44,495                  44,495
 % change from previous year          11.6%     53.0%      58.9%       60.3%           61.4%                   61.4%

 

 Total comprehensive income for the period:  Nine months ended December 31, 2024: 66,194 million yen; 37.6%
                                             Nine months ended December 31, 2023: 48,104 million yen; 52.7%

 

 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)
 Nine months ended December 31, 2024  465.56                   465.56
 Nine months ended December 31, 2023  328.23                   328.23

 

 (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
 December 31, 2024  649,714        475,265        475,249                  73.1%
 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)  *****          *****           *****          89.00     155.00

 

 Note)  Recently announced change in dividend forecasts for the fiscal year ending
        March 31, 2025 during the three months ended December 31, 2024: Yes

 

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   412,000   108,000    100,000     100,000         70,000            516.39
 % change from previous year  14.3%     22.4%      24.6%       20.9%           18.3%

 

 Note)  Recently announced change in earnings forecasts for the fiscal year ending
        March 31, 2025 during the three months ended December 31, 2024: Yes

 

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 December 31, 2024              143,500,000         shares
     As of March 31, 2024                 143,500,000         shares
 2.  Number of treasury shares:
     As of December 31, 2024              7,942,768           shares
     As of March 31, 2024                 7,942,166           shares
 3.  Average number of shares outstanding:
     Nine months ended December 31, 2024  135,557,494         shares
     Nine months ended December 31, 2023  135,558,479         shares

 

Review of the Japanese-language originals of the attached quarterly
consolidated financial statements by certified public accountants or an audit
firm: None

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 January 31,
2025.

 

 

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/4425V_1-2025-1-31.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/4425V_1-2025-1-31.pdf)

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