Financial Forecast

Konami Corporation
14 November 2002


FOR IMMEDIATE RELEASE


                                                                                                      November 14, 2002



                                                                                                     KONAMI CORPORATION
                                                                               2-4-1 Marunouchi Chiyoda-ku Tokyo, Japan
                                                                                                        Kagemasa Kozuki
                                                                                        Representative Director and CEO
                                                                                                    Ticker 9766 at TSE1
                                                                                                Contact: Toshiro Tateno
                                                                               Director and Executive Corporate Officer
                                                                                            Corporate Planning Division
                                                                                                   Tel: [phone]



                                       Forecast for U.S. GAAP Consolidated Results
                              for the First Half of the Fiscal Year Ending March 31, 2003
                                         (April 1, 2002 to September 30, 2002)


Konami Corporation has decided to use U.S. GAAP for its financial reporting since it was listed on the New York Stock
Exchange on September 30, 2002.  We hereby announce our forecast for consolidated results in accordance with U.S. GAAP
for the first half of the fiscal year ending March 31, 2003 (April 1, 2002 to September 30, 2002).


WORLD SOCCER WINNING ELEVEN 6, a video game software title, sold over one million copies in Japan. The card game and
video game software titles of YU-GI-OH! became hits in the U.S.  The MICRO iR products, which are high-technology toys,
are gaining market acceptance.  MAH-JONG FIGHT CLUB, one of our e-AMUSEMENT products, made steady progress and gaming
machines sold well in the overseas casino market.  As a result, our consolidated results for the first half of the
fiscal year ending March 31, 2003 are expected to be as shown below.


          U.S. GAAP                                                (Millions of yen)
        Net Revenues                 Operating Income                  Net Income
           113,000                         10,000                          4,000


Forecast for the consolidated financial results for the fiscal year ending March 31, 2003 and actual consolidated
financial results for the first half of the fiscal year ending March 31, 2003 are scheduled to be announced on November
28, 2002.


Reference:


1.         Consolidated Japanese GAAP results for the first half of the fiscal year ended September 30, 2001

(April 1@2001, to September 30, 2001):


       Japanese GAAP                                              (Millions of yen)
        Net Revenues                 Operating Income                  Net Income
            89,146                          9,526                          2,522




2.         Consolidated U.S. GAAP results for the fiscal year ended March 31, 2002

(April 1, 2001 to March 31, 2002)


         U.S. GAAP                                          (Millions of yen)
        Net Revenues                 Operating Income                Net Income
          225,580                         18,087                       11,402


Cautionary Statement with Respect to Forward-Looking Statements:


Statements made in this press release with respect to Konamifs current plans, estimates, strategies and beliefs,
including the above forecasts, are forward-looking statements about the future performance of Konami. These statements
are based on managementfs 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 video game software business, card game business
and gaming machine business; (v) our ability to successfully expand the scope of our business and broaden our customer
base through our health and 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 contingencies.






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