Final Results

RNS Number : 3414E
Konami Corporation
09 May 2013
 



Consolidated Financial Results

for the Year Ended March 31, 2013

(Prepared in Accordance with U.S. GAAP)

May 9, 2013


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, Corporate Officer, General Manager, Corporate Planning

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

Date of General Shareholders Meeting:

June 27, 2013

Date of dividend payment:

June 6, 2013

Adoption of U.S. GAAP:

Yes

 

 

(Amounts are rounded to the nearest million)

1. Consolidated Financial Results for the Year Ended March 31, 2013


(1) Consolidated Results of Operations  

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

 


Net revenues

Operating

income

Income before

income taxes and equity in net income

of affiliated company

Net income attributable to KONAMI CORPORATION

 

Year ended March 31, 2013

  % change from previous year

225,995

(15.0)%

21,875

(46.6)%

21,915

(45.2)%

13,174

(42.8)%

 

Year ended March 31, 2012

  % change from previous year

265,758

3.0%

40,950

97.0%

40,026

109.8%

23,012

77.9%

 

Note:


Comprehensive income

 


Year ended March 31, 2013:


Y16,902 million

a year-on-year decrease of 26.0%

 


Year ended March 31, 2012:


Y22,840 million

a year-on-year increase of 116.2%

 

 


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

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

Return on stockholders' equity attributable to KONAMI CORPORATION

Ratio of income before income taxes to total assets

Ratio of operating income to net revenues

Year ended March 31, 2013

95.04

95.04

6.0%

6.7%

9.7%

Year ended March 31, 2012

166.23

166.23

11.2%

12.5%

15.4%

Reference:


Equity in net income of affiliated company


Year ended March 31, 2013:


Y44 million


 


Year ended March 31, 2012:


Y52 million


 

 

 

(2) Consolidated Financial Position                                     (Millions of Yen, except percentages and per share amounts)


Total assets

Total equity

KONAMI CORPORATION stockholders' equity

KONAMI CORPORATION stockholders'

equity ratio

KONAMI CORPORATION stockholders'

equity per share (yen)

 

March 31, 2013

322,948

225,999

225,425

69.8%

1,626.23

 

March 31, 2012

328,006

215,720

215,458

65.7%

1,554.31

 

 

(3) Consolidated Cash Flows                                                                                                        (Millions of Yen)



Net cash provided by (used in)

Cash and

cash equivalents at end of year

 



Operating

activities

Investing

activities

Financing

activities

 



 

Year ended March 31, 2013

10,236

(11,575)

(12,377)

63,669

 

37,915

(7,646)

(13,254)

76,451

 









2. Cash Dividends




Record Date

Cash dividends per share (yen)

Total cash dividends (annual)

Payout ratio

(consolidated)

Cash dividend rate for stockholders' equity

(consolidated)

First quarter end

Second quarter end

Third quarter end

Year end

Annual

Year ended March 31, 2012

-

25.00

-

25.00

50.00

Y6,932 million

30.1%

3.4%

Year ended March 31, 2013

-

25.00

-

25.00

50.00

Y6,930 million

52.6%

3.1%

Year ending March 31, 2014 -Forecast-

-

17.00

-

17.00

34.00


30.4%


 

 

3. Consolidated Earnings Forecast for the Year Ending March 31, 2014

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


Net revenues

Operating

income

Net income

before income taxes

Net income attributable to KONAMI CORPORATION

Net income attributable to KONAMI CORPORATION per share (yen)

Year ending March 31, 2014

 % change from previous year

232,000

2.7%

27,000

23.4%

26,000

18.6%

15,500

17.7%

111.82

 

 

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

1.     Changes accompanying amendment of accounting standard: Yes

2.     Other: None

         Please refer to page 28 for further information regarding amendment of accounting standard.

 

 

 

(3)   Number of shares issued (Common Stock)

 1.

Number of shares issued: (Treasury stock included)



 Year ended March 31, 2013

143,500,000

 shares


 


 Year ended March 31, 2012

143,500,000

 shares


 

 2.

Number of Treasury Stock:


 


 Year ended March 31, 2013

4,881,940

 shares


 


 Year ended March 31, 2012

4,879,848

 shares


 

 3.

Average number of shares outstanding:


 


 Year ended March 31, 2013

138,619,128

 shares


 


 Year ended March 31, 2012

138,433,751

 shares


 

 

 

(Reference) Summary of Non-consolidated Financial Results

 

1. Results for the Year Ended March 31, 2013

 (1) Non-consolidated Results of Operations

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


Operating revenues

Operating income

Ordinary income 

Net income

Year ended March 31, 2013

  % change from previous year

28,469

55.2 %

22,471

64.9 %

23,959

72.7 %

23,900

77.2 %

Year ended March 31, 2012

  % change from previous year

18,348

11.7%

13,623

13.4%

13,869

16.1%

13,488

8.6%

 


Basic net income per share (yen)

Diluted net income  per share (yen)

Year ended March 31, 2013

172.42

-

Year ended March 31, 2012

97.44

-

 

(2) Non-consolidated Financial Position

 

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

 

 


Total assets

Total net assets

Equity ratio

Net assets

per share

 

 

March 31, 2013

218,170

192,906

88.4%

1,391.64

 

 

March 31, 2012

220,601

175,870

79.7%

1,268.72

 

Reference:


Total Stockholders' equity


Year ended March 31, 2013:


Y192,906 million



Year ended March 31, 2012:


Y175,870 million


 

 



Information Regarding the Audit Review Procedures:

This report is outside the scope of the procedures for audit of consolidated financial statements as required under the Financial Instruments and Exchange Act of Japan. The aforementioned procedures have not been completed 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 and 11 for further information regarding our business forecasts.

 

 

Click on, or paste the following link into your web browser, to view the associated PDF document.

 

The Company disclosed the supplemental data for the consolidated financial statements via the Company's website on May 9, 2013. 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
FR LIFSTERIAIIV
UK 100

Latest directors dealings