Impact of the Earthquake off the Pacific Coast

RNS Number : 1216D

Konami Corporation

17 March 2011

 



March 17, 2011

FOR IMMEDIATE RELEASE

KONAMI CORPORATION Kagemasa Kozuki, Representative Director and Chairman of the Board, President Shares listed: Tokyo, New York and London Stock Exchanges Contact: Noriaki Yamaguchi, Representative Director, Vice-President, Corporate Officer  Tel: [phone]

Announcement: Impact of the Earthquake off the Pacific Coast of Tohoku on the operations of KONAMI CORPORATION and its subsidiaries ("KONAMI")

KONAMI extends its deepest condolences to the victims and their families of the March 11^th, 2011 earthquake disaster on the Pacific Coast of Tohoku and Kanto.

Konami Corporation (the "Company") hereby announces the present condition of its operations relating to the KONAMI group

1. Damage to our group

Some Konami sports clubs in our Health & Fitness business experienced damage to their facilities. As a result, we temporarily closed all the facilities located in the Kanto region and further north of the Kanto region on March 14 and 15, from the perspective of safety and saving electricity saving. Since March 16, we re-opened some clubs as long as we have confirmed the safety of the facilities and prepared for saving electricity. Meanwhile, there was no damage from the earthquake relating to all facilities located further west of the Kanto region and those facilities have been opened on a regular schedule.

The detailed impact on the production and logistics of our products including by our Digital Entertainment business remains under examination. We are proceeding to address this situation including the impact of rolling blackouts.

2. Forecast of impact of the damage on our business performance

The detailed damage from the earthquake is currently being examined. If a significant impact on our projected consolidated results for the year ending March 31, 2011 is revealed, the Company will disclose the impact immediately.

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