Final Results

RNS Number : 6567M

Konami Corporation

08 May 2015

 



Consolidated Financial Results
for the Year Ended March 31, 2015
(Prepared in Accordance with U.S. GAAP)
May 8, 2015
http://www.rns-pdf.londonstockexchange.com/rns/6567M_-2015-5-8.pdf
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 and London Stock Exchange
Representative:	Takuya Kozuki, Representative Director, President
Contact:	Junichi Motobayashi, General Manager, Finance and Accounting (Phone: [phone])
Date of General Shareholders Meeting:	June 26, 2015
Date of dividend payment:	June 5, 2015
Adoption of U.S. GAAP:	Yes

(Amounts are rounded to the nearest million)
1. Consolidated Financial Results for the Year Ended March 31, 2015
(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, 2015   % change from previous year			218,157 0.3%			14,451 87.8%	15,947 72.8%		9,479 147.3%
Year ended March 31, 2014   % change from previous year			217,595 (3.7)%			7,696 (64.8)%	9,228 (57.9)%		3,834 (70.9)%
Note:		Comprehensive income attributable to KONAMI CORPORATION
	Year ended March 31, 2015:				12,719 million yen			a year-on-year increase of 129.4%
	Year ended March 31, 2014:				5,544 million yen			a year-on-year decrease of 67.2%

			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, 2015			68.38	68.38			4.1%		4.9%	6.6%
Year ended March 31, 2014			27.66	27.66			1.7%		2.9%	3.5%
Reference:		Equity in net income of affiliated company
	Year ended March 31, 2015:					154 million yen
	Year ended March 31, 2014:					22 million yen

(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, 2015	329,760	235,020	234,310	71.1%	1,690.44
March 31, 2014	320,251	225,792	225,133	70.3%	1,624.19

(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, 2015			30,022			(9,263)			(6,807)			64,654
Year ended March 31, 2014			9,027			(26,734)			3,448			50,024
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, 2014		-		17.00	-		17.00	34.00		4,713 million yen			122.9%		2.1%
Year ended March 31, 2015		-		8.50	-		12.50	21.00		2,912 million yen			30.7%		1.3%
Year　ending March 31, 2016 -Forecast-		-		10.50	-		10.50	21.00					30.6%

3. Consolidated Earnings Forecast for the Year Ending March 31, 2016
(Millions of Yen, except percentages and per share data)
	Revenue	Operating profit	Profit before income tax	Profit attributable to owners of the parent	Basic earnings per share from profit for the year (yen)
Year ending March 31, 2016  % change from previous year	228,000 4.5%	17,000 17.6%	16,000 0.3%	9,500 0.2%	68.54

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: None

2.     Other: None

(3)   Number of shares issued (Common Stock)

1.	Number of shares issued: (Treasury stock included)
	Year ended March 31, 2015	143,500,000	shares
	Year ended March 31, 2014	143,500,000	shares
2.	Number of Treasury Stock:
	Year ended March 31, 2015	4,890,951	shares
	Year ended March 31, 2014	4,887,679	shares
3.	Average number of shares outstanding:
	Year ended March 31, 2015	138,610,956	shares
	Year ended March 31, 2014	138,614,929	shares

(Reference) Summary of Non-consolidated Financial Results

1. Results for the Year Ended March 31, 2015

 (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, 2015   % change from previous year	14,560 (9.0) %	9,792 (10.2) %	11,951 (4.6) %	11,259 (7.5) %
Year ended March 31, 2014   % change from previous year	15,995 (43.8) %	10,905 (51.5) %	12,534 (47.7) %	12,170 (49.1) %

	Basic net income per share (yen)	Diluted net income  per share (yen)
Year ended March 31, 2015	81.23	-
Year ended March 31, 2014	87.80	-

(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, 2015			242,053		207,051	85.5%		1,493.78
	March 31, 2014			222,893		199,293	89.4%		1,437.77
Reference:			Total Stockholders' equity
		Year ended March 31, 2015:				207,051 million yen
		Year ended March 31, 2014:				199,293 million yen

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.

The Company disclosed the supplemental data for the consolidated financial statements via the Company's website on May 8, 2015.

 

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