REG - Konami Holdings Corp - Final Results
RNS Number : 5065YKonami Holdings Corporation09 May 2019
Consolidated Financial Results
for the Year Ended March 31, 2019
(Prepared in Accordance with IFRS)
May 9, 2019
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: +81-3-5771-0222)
Date of General Shareholders Meeting:
June 26, 2019
Beginning date of dividend payment:
June 12, 2019
(Amounts are rounded to the nearest million, except percentages and per share amounts)
1. Consolidated Financial Results for the Year Ended March 31, 2019
(1) Consolidated Results of Operations (Millions of Yen, except percentages and per share amounts)
Revenue
Operating
profit
Profit before
income taxes
Profit for the year
Profit attributable to owners of the parent
Total comprehensive income for the year
Year ended March 31, 2019
% change from previous year
262,549
9.6%
50,522
11.8%
50,310
12.5%
34,217
12.2%
34,196
12.1%
35,189
21.5%
Year ended March 31, 2018
% change from previous year
239,497
4.2%
45,181
24.3%
44,709
25.9%
30,506
17.4%
30,507
17.6%
28,959
12.6%
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, 2019
252.86
249.02
12.9%
13.6%
19.2%
Year ended March 31, 2018
225.59
222.21
12.5%
12.8%
18.9%
Reference:
Profit from investments accounted for using the equity method
Year ended March 31, 2019:
279 million yen
Year ended March 31, 2018:
292 million yen
(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, 2019
378,037
276,404
275,627
72.9%
2,038.16
March 31, 2018
363,108
254,539
253,782
69.9%
1,876.62
(3) Consolidated Cash Flows
(Millions of Yen)
Net cash provided by (used in)
Cash and
cash equivalents at the end of year
Operating
activities
Investing
activities
Financing
activities
Year ended March 31, 2019
49,131
(22,527)
(22,416)
159,242
Year ended March 31, 2018
53,980
(18,484)
(14,798)
154,485
2. Cash Dividends
Record Date
Cash dividends per share (yen)
Total cash dividends (annual)
Payout ratio
(consolidated)
Cash dividend rate for equity attributable to owners of the parent
(consolidated)
First quarter end
Second quarter end
Third quarter end
Year end
Annual
Year ended March 31, 2018
-
30.00
-
38.00
68.00
Y9,196 million
30.1%
3.8%
Year ended March 31, 2019
Regular dividends
-
35.50
-
40.50
76.00
Y10,278 million
30.0%
3.9%
Commemorative dividends
-
25.00
-
25.00
50.00
Y6,761 million
19.8%
2.5%
Total
-
60.50
-
65.50
126.00
Y17,039 million
49.8%
6.4%
Year ending March 31, 2020 (Forecast)
-
38.00
-
38.00
76.00
*******
34.3%
*******
Note)
KONAMI HOLDINGS CORPORATION celebrated the 50th anniversary of its founding on March 21, 2019, we intend to award commemorative dividends in addition to regular dividends for the year ended March 31, 2019. Furthermore, the payment of dividends for the next fiscal year ending March 31, 2020 will maintain the same level of regular dividends for the year ended March 31, 2019 which was based on the record profits achieved.
3. Consolidated Earnings Forecast for the Year Ending March 31, 2020
(Millions of Yen, except percentages and per share amounts)
Revenue
Operating
profit
Profit before income taxes
Profit attributable to owners of the parent
Basic earnings per share (attributable to owners of the parent) (yen)
Year ending March 31, 2020
% change from previous year
270,000
2.8%
47,000
(7.0)%
46,000
(8.6)%
30,000
(12.3)%
221.84
Note)
Although we expect profit growth from our operating business for the next fiscal year ending March 31,2020, we expect to incur temporary expenses of approximately five billion yen related to the relocation to our owned building, "Konami Creative Center Ginza." The temporary expenses include rent expenses for the period after leaving the current rental building, until the fiscal year ending March 31, 2021. Please refer to "1. Business Performance (1) Overview of Business Performance (iii) Outlook for the Fiscal Year Ending March 31,2020" for further details.
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 March 31, 2019
143,500,000
shares
As of March 31, 2018
143,500,000
shares
2.
Number of treasury shares:
As of March 31, 2019
8,266,959
shares
As of March 31, 2018
8,266,259
shares
3.
Average number of shares outstanding:
Year ended March 31, 2019
135,233,307
shares
Year ended March 31, 2018
135,234,933
shares
(Reference) Summary of Non-consolidated Financial Results
Results for the Year Ended March 31, 2019
(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, 2019
% change from previous year
24,870
51.3%
21,860
62.3%
21,989
61.8%
21,860
59.4%
Year ended March 31, 2018
% change from previous year
16,443
(3.3)%
13,469
(8.4)%
13,590
(8.3)%
13,710
38.2%
Basic net income
per share (yen)
Diluted net income per share (yen)
Year ended March 31, 2019
161.65
158.99
Year ended March 31, 2018
101.38
99.71
(2) Non-consolidated Financial Position (Millions of Yen, except percentages)
Total assets
Total net assets
Equity ratio
Net assets
per share (yen)
March 31, 2019
243,568
223,972
92.0%
1,656.20
March 31, 2018
241,444
215,475
89.2%
1,593.36
Reference:
Total Stockholders' equity
Year ended March 31, 2019:
223,972 million yen
Year ended March 31, 2018:
215,475 million yen
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 9, 10, 11, and 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 9, 2019.
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/5065Y_1-2019-5-9.pdf
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.ENDFR SSASAUFUSELI
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