1st Quarter Results

RNS Number : 2907O
Konami Corporation
05 August 2014
 



Consolidated Financial Results

for the Three Months Ended June 30, 2014

(Prepared in Accordance with U.S. GAAP)

August 5, 2014


KONAMI CORPORATION

Address:

7-2, Akasaka 9-chome, Minato-ku, Tokyo, Japan

Stock code number, TSE:

9766

Ticker symbol, NYSE:

KNM

URL:

http://www.konami.co.jp/en

Shares listed:

Tokyo Stock Exchange, New York Stock Exchange, and London Stock Exchange

Representative:

Takuya Kozuki, Representative Director, President

Contact:

Yasuyuki Yamaji, General Manager, Corporate Planning

(Phone: +81-3-5771-0222)

Beginning date of dividend payment:

-

Adoption of U.S. GAAP:

Yes

 

(Amounts are rounded to the nearest million)

 

1. Consolidated Financial Results for the Three Months Ended June 30, 2014

 


 

 


Net revenues

Operating

income

Income before

income taxes and equity in net income

of affiliated company

Net income attributable to KONAMI CORPORATION

 

Three months ended June 30, 2014

  Year-on-year changes (%)

48,606

6.6%

3,191

113.5%

2,624

22.4%

1,361

45.6%

 

Three months ended June 30, 2013

  Year-on-year changes (%)

45,589

(7.2)%

1,495

(72.2)%

2,143

(53.9)%

934

(65.6)%

 

Note:

Comprehensive income attributable to KONAMI CORPORATION:

 


Three months ended June 30, 2014:


907 million yen

a year-on-year decrease of 44.6%


Three months ended June 30, 2013:


1,640 million yen

a year-on-year increase of 10.1%

 


Basic net income attributable to KONAMI CORPORATION per share (Yen)

Diluted net income attributable to KONAMI CORPORATION per share (Yen)

Three months ended June 30, 2014

9.82

9.82

Three months ended June 30, 2013

6.74

6.74

 

(2) Consolidated Financial Position                                                                     (Millions of Yen, except percentages)


Total assets

Total equity

KONAMI CORPORATION stockholders' equity

KONAMI CORPORATION stockholders'

equity ratio

 

June 30, 2014

313,386

224,364

223,684

71.4%

 

March 31, 2014

320,251

225,792

225,133

70.3%

 

 

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, 2014

-

17.00

-

17.00

34.00

Year ending March 31, 2015

-





Year ending March 31, 2015 -Forecast-


8.50

-

8.50

17.00

Note:

 

 

Recently announced change in dividend forecasts for the fiscal year ending March 31, 2015 during the three months ended June 30, 2014: None

 

 

 

3. Consolidated Earnings Forecast for the Year Ending March 31, 2015

(Millions of Yen, except percentages and per share data)


Net revenues

Operating

income

Income before

income taxes and equity in net income

of affiliated company

Net income attributable to KONAMI CORPORATION

Net income attributable to KONAMI CORPORATION per share (Yen)

Year ending March 31, 2015

 % change from previous year

220,000

1.1%

12,000

55.9%

11,000

19.2%

7,000

82.6%

50.50

Note:


Recently announced change in earnings forecasts for the fiscal year ending March 31, 2015 during the three months ended June 30, 2014: None

 

 

4. Other

(1)   Changes in significant consolidated subsidiaries during the period (status changes of subsidiaries due to changes in the scope of consolidation): None

(2)   Adoption of simplified methods in accounting principles for quarterly consolidated financial statements: None

(3)   Changes in accounting principles, procedures and reporting policies for consolidated financial statements

1.     Changes accompanying amendment of accounting standard: None

2.     Other: None

(4)   Number of shares issued (Common Stock)

 1.

Number of shares issued: (Treasury stock included)



As of June 30, 2014

143,500,000

 shares


 


As of March 31, 2014

143,500,000

 shares


 

 2.

Number of Treasury Stock:


 


 As of June 30, 2014

4,887,879

 shares


 


 As of March 31, 2014

4,887,679

 shares


 

 3.

Average number of shares outstanding:


 


 Three months ended June 30, 2014

138,612,200

 shares


 


 Three months ended June 30, 2013

138,616,903

 shares


 

 

 



 

Information Regarding the Quarterly Review Procedures:

This report is outside the scope of the procedures for review of quarterly consolidated financial statements as required under the Financial Instruments and Exchange Act of Japan. The aforementioned procedures have not been completed for the quarterly financial statements included in this document as of the time of disclosure of this document.

 

 

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 business and Gaming & Systems business; (vi) our ability to successfully expand the scope of our business and broaden our customer base through our Health & Fitness 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 pages 9, 10, 11 and 12 for further information regarding our business forecasts.

 

 http://www.rns-pdf.londonstockexchange.com/rns/2907O_-2014-8-5.pdf

 

The Company disclosed the supplemental data for the consolidated financial statements via the Company's website on August 5, 2014.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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