REG - Konami Holdings Corp - 4th Quarter Results

KonamiAnnouncement

12/05/2022 08:30

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RNS Number : 2445L  Konami Holdings Corporation  12 May 2022

 Consolidated Financial Results
 for the Year Ended March 31, 2022
 (Prepared in Accordance with IFRS)
 May 12, 2022

 KONAMI HOLDINGS 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)
 Date of General Shareholders Meeting:                             Beginning date of dividend payment:

                                        June 28, 2022                                                   June 7, 2022

 

 (Amounts are rounded to the nearest million, except percentages and per share
 amounts)
 1. Consolidated Financial Results for the Year Ended March 31, 2022
 (1) Consolidated Results of Operations
           (Millions of Yen, except percentages and per share
 amounts)
                                           Revenue       Business      Operating     Profit before  Profit for the year  Profit attributable to owners of the parent

                                                         profit        profit        income taxes
 Year ended March 31, 2022                 299,522       80,315        74,435        75,163         54,812               54,806

   % change from previous year             9.9%          25.2%         103.6%        111.2%         69.8%                69.9%
 Year ended March 31, 2021                 272,656       64,164        36,550        35,581         32,274               32,261

   % change from previous year             3.7%          44.8%         18.0%         17.1%          62.2%                62.2%
 Total comprehensive income for the year:  Year ended March 31, 2022: Y59,340 million; 71.8%
                                           Year ended March 31, 2021: Y34,536 million; 89.4%
 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) (yen)         Diluted earnings per share (attributable to owners of the parent) (yen)     Return on profit attributable to owners of the parent  Ratio of profit　before income taxes to total assets    Ratio of operating profit to revenue
 Year ended March 31, 2022         410.80                                                                        404.62                                                                      16.9%                                                  14.8%                                                  24.9%
 Year ended March 31, 2021         242.17                                                                        238.33                                                                      11.4%                                                  7.8%                                                   13.4%
 Reference:             Profit from investments accounted for using the equity method
             Year ended March 31, 2022:                                                Y 87 million
             Year ended March 31, 2021:                                                Y 57 million

 

 (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  Equity attributable to owners of the parent per share (yen)
 March 31, 2022  528,613       348,076       348,061                                            65.8%                                                 2,605.63
 March 31, 2021  489,006       299,542       298,727                                            61.1%                                                 2,242.47

 

 

 

 (3) Consolidated Cash Flows                                                 (Millions of Yen)
                               Net cash provided by (used in)                Cash and

                                                                             cash equivalents at the end of year
                               Operating    Investing           Financing

                               activities   activities          activities

 Year ended March 31, 2022     96,542       (22,993)  (27,913)               250,711
 Year ended March 31, 2021     69,770       (22,412)  22,426                 202,430

 

 2. Cash Dividends
 Record Date                            Cash dividends per share (yen)                                               Total cash dividends (annual)     Payout ratio        Cash dividend rate for equity attributable to owners of the parent

                                                                                                                                                       (consolidated)      (consolidated)
                                        First quarter end  Second quarter end  Third quarter end  Year end  Annual
 Year ended March 31, 2021              -                  22.50               -                  50.50     73.00    Y9,725 million                    30.1%               3.4%
 Year ended March 31, 2022              -                  36.50               -                  87.00     123.50   Y16,497 million                   30.1%               5.1%
 Year ending March 31, 2023 (Forecast)  -                  62.00               -                  62.00     124.00   ******                            30.1%               ******

 

 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%

 

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 March 31, 2022       143,500,000     shares
       As of March 31, 2021       143,500,000     shares
  2.   Number of treasury shares:
       As of March 31, 2022       9,919,591       shares
       As of March 31, 2021       10,286,773      shares
  3.   Average number of shares outstanding:
       Year ended March 31, 2022  133,410,926     shares
       Year ended March 31, 2021  133,214,149     shares

 

 

 

(Reference) Summary of Non-consolidated Financial Results

Results for the Year Ended March 31, 2022

 (1) Non-consolidated Results of Operation     (Millions of Yen, except
 percentages and per share amounts)
                                 Operating revenues  Operating income  Ordinary income  Net income
 Year ended March 31, 2022       19,686              16,066            16,649           16,421

  % change from previous year    (62.5)%             (67.8)%           (66.8)%          18.1%
 Year ended March 31, 2021       52,495              49,862            50,153           13,909

  % change from previous year    35.5%               39.5%             39.4%            (60.6)%

 

                            Basic net income  Diluted net income per share (yen)

                            per share (yen)
 Year ended March 31, 2022  123.09            121.13
 Year ended March 31, 2021  104.41            102.60

 

 (2) Non-consolidated Financial
 Position                     (Millions of Yen, except
 percentages)
                                         Total assets              Total net assets  Equity ratio      Net assets

                                                                                                       per share (yen)
 March 31, 2022                          336,617                   255,098           75.8%             1,909.70
 March 31, 2021                          329,278                   248,728           75.5%             1,867.14
       Reference:             Total Stockholders' equity
                   Year ended March 31, 2022:              Y255,098 million
                   Year ended March 31, 2021:              Y248,728 million

 

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 12 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 May 12,
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/2445L_1-2022-5-12.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/2445L_1-2022-5-12.pdf)

 

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