Final Results

Konami Corporation
22 May 2007




                                      Consolidated Financial Results
                                    for the Year Ended March 31, 2007
                                  (Prepared in Accordance with U.S. GAAP)
                                                                                              May 22, 2007

KONAMI CORPORATION
Address:                         7-2, Akasaka 9-chome, Minato-ku, Tokyo, Japan
Stock code number, TSE:          9766
Ticker symbol, NYSE:             KNM
URL:                             www.konami.net
Shares listed:                   Tokyo Stock Exchange, New York Stock Exchange, London Stock Exchange
                                 and Singapore Exchange
Representative:                  Kagemasa Kozuki, Representative Director and Chief Executive Officer
Contact:                         Noriaki Yamaguchi, Representative Director and Chief Financial Officer
                                 (Phone: [phone])
Date of General Shareholders
Meeting:                         June 28, 2007
                                 
Date of dividend payment:        June 11, 2007
Adoption of U.S. GAAP:           Yes


1. Consolidated Results for the Year Ended March 31, 2007
(Amounts are rounded to the nearest million)

(1) Consolidated Results of Operations
                                                                 (Millions of Yen, except per share data)
                                  Net revenues        Operating       Income before        Net income
                                                                      income taxes
                                                       income
Year ended March 31, 2007           280,279            28,145             27,567             16,211

  % change from previous year          6.9%          1,034.4%             226.7%            (29.5)%

Year ended March 31, 2006           262,137             2,481              8,438             23,008

  % change from previous year         0.6 %           (91.2)%            (69.2)%             119.4%


                Basic net income   Diluted net income      Return on       Ratio of income       Ratio of
                    per share           per share        stockholders'                       operating income
                                                            equity       before income taxes
                                                                                             to net revenues
                                                                           to total assets
Year ended          118.15              118.09              9.6%                9.1%                10.0%
March 31, 2007                                                                                          

Year ended          175.86              175.80             17.1%                2.8%                 0.9%
March 31, 2006                                                                                          


 Notes:   Equity in net income of an affiliated company
          Year ended March 31, 2007:        Y138 million
          Year ended March 31, 2006:         Y33 million






(2) Consolidated Financial Position
                                                              (Millions of Yen, except per share amounts)
                          Total assets     Total shareholders'     Equity-assets        Stockholders'
                                                 equity               ratio           equity per share
March 31, 2007               304,657              174,662                57.3%             1,272.54
March 31, 2006               302,637              163,815                54.1%             1,194.41



(3) Consolidated Cash Flows
                                                                                        (Millions of Yen)
                                           Net cash provided by (used in)                   Cash and
                                  Operating           Investing          Financing
                                                                                        cash equivalents
                                  activities         activities         activities       at end of year

Year ended March 31, 2007                 31,824            (11,098)          (33,212)             57,333
Year ended March 31, 2006                 23,879             (7,266)          (38,330)             68,694




2. Cash Dividends
  Record Date      Cash dividends per share (Y)         Total cash       Payout ratio    Cash dividend rate
                                                        dividends                        for stockholders'
                                                                        (consolidated)         equity
                                                         (annual)
                                                                                           (consolidated)
                     Interim    Year end     Annual
Year ended            27.00       27.00       54.00     Y7,303 million             30.7%               5.2%
March 31, 2006

Year ended            27.00       27.00       54.00     Y7,411 million             45.7%               4.4%
March 31, 2007

Year ending           27.00       27.00       54.00                  -             40.5%                  -

March 31, 2008
      -Forecast




3. Consolidated Earnings Forecast for the Year Ending March 31, 2008
                                                                    (Millions of Yen, except per share data)
                               Net revenues     Operating     Income before    Net income    Net income per
                                                              income taxes                        share
                                                  income
Year ending March 31, 2008            295,000         33,000          32,500          18,300          

  % change from previous year            5.3%          17.3%           17.9%           12.9%         133.33





4. Other

(1) Changes to principal subsidiaries during the year (status changes of
specified subsidiaries due to changes in the scope of consolidation) : None

(2) Changes in accounting principles, procedures and reporting policies
(description of changes to important items fundamental to financial statement
preparation)
 1.   Changes accompanying amendment of accounting standard: Yes
 2.   Other: None
      Note: Please refer to page 27

(3)  Number of shares issued (Common Stock)
 1. Number of shares issued: (Treasury stock included)
     Year ended March 31, 2007      143,555,786  shares
     Year ended March 31, 2006      143,555,786  shares
 2. Number of Treasury Stock:
     Year ended March 31, 2007        6,300,970  shares
     Year ended March 31, 2006        6,403,439  shares
 3. Average number of shares outstanding:
     Year ended March 31, 2007      137,202,151  shares
     Year ended March 31, 2006      130,835,422  shares



(Reference) Summary of Non-consolidated Financial Results


1. Results for the Year Ended March 31, 2007

 (1) Non-consolidated Results of Operations
                                                                 (Millions of Yen, except per share data)
                               Operating revenues  Operating income   Ordinary income      Net income
Year ended March 31, 2007                   7,196              1,439              1,278               988

  % change from previous year             (94.1)%            (89.9)%            (93.4)%           (94.0)%
Year ended March 31, 2006                 122,591             14,305             19,291            16,572

  % change from previous year             (8.6) %             235.7%              43.5%             29.5%


                                          Basic net income per   Diluted net income  per
                                                  share                   share
Year ended March 31, 2007                                   7.16                    7.15
Year ended March 31, 2006                                 124.75                  124.71



(2) Non-consolidated Financial Position
                                                                 (Millions of Yen, except per share data)
                                 Total assets     Total net assets    Equity-assets        Net assets
                                                                          ratio
                                                                                           per share
March 31, 2007                           168,423            139,179              82.6%           1,014.02
March 31, 2006                           202,303            153,339              75.8%           1,092.15






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) our ability to successfully expand internationally with a focus on
   our digital entertainment business and gaming & system business; (v) our ability to successfully
   expand the scope of our business and broaden our customer base through our health & fitness business;
   (vi) regulatory developments and changes and our ability to respond and adapt to those changes; (vii)
   our expectations with regard to further acquisitions and the integration of any companies we may
   acquire; and (viii) the outcome of existing contingencies.

   Please refer to page 8 of the attached material for information regarding the assumptions and other
   related items used in the preparation of these forecasts.


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