Delisting ADSs from NYSE Became Effective

RNS Number : 3867L

Konami Corporation

27 April 2015

 



April 27, 2015

FOR IMMEDIATE RELEASE

KONAMI CORPORATION Takuya Kozuki, Representative Director, President Shares listed: Tokyo and London Stock Exchange Contact: Junichi Motobayashi, General Manager, Finance and Accounting  Tel: [phone]

Notice on Delisting American Depositary Shares from New York Stock Exchange Became Effective

KONAMI CORPORATION (the "Company") hereby announces that the voluntary delisting of its American Depositary Shares ("ADSs") from the New York Stock Exchange (the "NYSE") became effective prior to the opening of trading on April 24, 2015 (Eastern Time in the U.S.) as scheduled, following the filing, on April 13, 2015, of a Form 25 with the U.S. Securities and Exchange Commission (the "SEC") for delisting from the NYSE and deregistration with the SEC as announced on April 1, 2015. In addition, the Company has filed a Form 15F with the SEC on April 24, 2015 to terminate its reporting obligations under the U.S. Securities Exchange Act of 1934, as amended (the "Exchange Act").

1.   Effective Date of Delisting(Eastern Time in the U.S.)

April 24, 2015

2.   Stock Exchanges on which the Company Maintains its Listings 

The Tokyo Stock Exchange and the London Stock Exchange

3.   Deregistration with the SEC

The deregistration will become effective on July 12, 2015, 90 days after the filing of Form 25 with the SEC. The Company's reporting obligations under the Exchange Act were suspended by the filing of Form 15F with the SEC and will be terminated on July 23, 2015, 90 days after its filling.

Note: The schedule provided above, including the anticipated effective dates, may be delayed if the SEC objects or requests an extended review or for other reasons.

4.   Future Plans 

After the delisting of its ADSs from the NYSE, the Company maintains its American Depositary Receipt Program in the U.S., and therefore its ADSs continue to be traded in the U.S. on the over-the-counter market.

While the Company's reporting obligations under the Exchange Act (including the obligation to file annual reports on Form 20-F) will be terminated, the Company will continue to disclose financial statements and other information, in English, on its website to ensure that its overseas shareholders and investors will continue to have appropriate information about the Company.

5.   Contact Information for Inquiries regarding the Company's ADSs 

JPMorgan Service Center (U.S.)

Tel:	U.S.: 800-990-1135 (toll free) International: [phone]
Website:	www.adr.com
E-mail:	[e-mail]

Shareholder Service Representatives are available Monday through Friday, from 7:00 a.m. to 7:00 p.m. Eastern Time in the U.S.

Cautionary Statement with Respect to Forward-Looking Statements:

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.

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