Financial Forecast Differences with Results

RNS Number : 6578M

Konami Corporation

08 May 2015

 



May 8, 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]

News Release: Notice of Full-Year Financial Forecast Differences with its Results and Recording Foreign Exchange Gains

KONAMI CORPORATION (the "Company") hereby announces its consolidated financial results for the year ended March 31, 2015 (April 1, 2014 - March 31, 2015), which were announced today, differ from the consolidated earnings forecast for the relevant fiscal year, which were released on May 8, 2014 in its Consolidated Financial Results for the Year Ended March 31, 2014, and it recorded foreign exchange gains under other income.

1. Differences between Consolidated Earnings Forecasts and Results the Year Ended March 31, 2015

(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	Net income attributable to KONAMI CORPORATION per share (yen)
Previous forecast (A) Released on May 8, 2014	220,000	12,000	11,000	7,000	50.50
Actual results (B)	218,157	14,451	15,947	9,479	68.38
Change (B - A)	(1,843)	2,451	4,947	2,479
Percentage Change (%)	(0.8)%	20.4%	45.0%	35.4%
<For reference>
Results for the year ended March 31, 2014	217,595	7,696	9,228	3,834	27.66

(Reasons for the differences)

Due to strong earnings from mobile games in the Digital Entertainment segment and recognition of foreign currency exchange gains under other income, the Company's actual financial results became larger than its earnings forecast.

2. Foreign Currency Exchange Gains under Other Income

According to foreign exchange fluctuation, the Company recorded foreign currency exchange gains of 2,295 million yen for the year ended March 31, 2015. This was mainly due to exchange differences on translation of foreign currency deposits held by the Company.

3. Impact on the Company's Consolidated Financial Results

This fluctuation from earnings forecast has been already included in the "Consolidated Financial Results for the Year Ended March 31, 2015 (Prepared in Accordance with U.S. GAAP)" released on May 8, 2015.

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