Interim Results

Konami Corporation
08 November 2007




                          Consolidated Financial Results
                    for the Six Months Ended September 30, 2007
                      (Prepared in Accordance with U.S. GAAP)

                                                                November 8, 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 dividend payment:        November 30, 2007


1. Consolidated Results for the Six Months Ended September 30, 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         income taxes
                                                          
Six months ended September 30, 2007     133,743           13,042            13,075             6,288

% change from previous period            11.8%             28.9%             32.3%             23.0%
Six months ended September 30, 2006     119,599           10,115             9,884             5,114

% change from previous period             6.9%             35.6%            (31.1)%           (26.6)%
Year ended March 31, 2007               280,279           28,145            27,567            16,211


                                    Basic net income Diluted net income
                                     per share(yen)    per share(yen)

Six months ended September 30, 2007      45.81             45.80
Six months ended September 30, 2006      37.28             37.27
Year ended March 31, 2007                118.15            118.09


 Notes:   Equity in net income of an affiliated company
          Six months ended September 30, 2007:          Y147 million
          Six months ended September 30, 2006:           Y81 million
          Year ended March 31, 2007                     Y138 million






(2) Consolidated Financial Position
                                                              (Millions of Yen, except per share amounts)

                          Total assets     Total stockholders'     Equity-assets        Stockholders'

                                                  equity               ratio           equity per share
September 30, 2007          305,246              177,449                58.1%              1,292.48
September 30, 2006          280,535              165,947                59.2               1,209.39
March 31, 2007              304,657              174,662                57.3               1,272.54



(3) Consolidated Cash Flows
                                                                                        (Millions of Yen)
                                             Net cash provided by (used in)                

                                      Operating        Investing        Financing        Cash and
                                      activities       activities       activities   cash equivalents at
                                                                                        end of period

Six months ended September 30, 2007     7,159           (10,580)         (5,349)          49,088

Six months ended September 30, 2006     3,821           (7,230)          (22,330)         43,347

Year ended March 31, 2007               31,824          (11,098)         (33,212)         57,333




2. Cash Dividends
Record Date                                  Cash dividends per share (yen)
                                      Interim           Year end            Annual

Year ended March 31, 2007              27.00             27.00              54.00
Year ending March 31, 2008             27.00               -
                      -Forecast-         -               27.00              54.00




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
                                                  income      income taxes                      per share

Year ending March 31, 2008        295,000         33,000          32,500          18,300         133.33

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





4. Other

(1) Changes to principal subsidiaries during the period (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 25

(3) Number of shares issued (Common Stock)

 1. Number of shares issued: (Treasury stock included)

     Six months ended September 30, 2007         143,555,786  shares
     Six months ended September 30, 2006         143,555,786  shares
     Year ended March 31, 2007                   143,555,786  shares

 2. Number of Treasury Stock:
     Six months ended September 30, 2007           6,261,702  shares
     Six months ended September 30, 2006           6,339,945  shares
     Year ended March 31, 2007                     6,300,970  shares

 3. Average number of shares outstanding:
     Six months ended September 30, 2007         137,272,418  shares
     Six months ended September 30, 2006         137,164,825  shares
     Year ended March 31, 2007                   137,202,151  shares



(Reference) Summary of Non-consolidated Financial Results
1. Results for the Six months ended September 30, 2007

 (1) Non-consolidated Results of Operations
                                                                 (Millions of Yen, except per share data)

                                      Operating     Operating     Ordinary     Net income     Basic net
                                      revenues       income        income                     income per
                                                                                              share(yen)

Six months ended September 30, 2007    17,952        15,592        15,500        14,708        107.15

% change from previous period          279.8%        502.1%        526.0%        545.5%
Six months ended September 30, 2006     4,727         2,589         2,475         2,278         16.40

% change from previous period          (90.7)%       (50.0)%       (73.7)%       (79.7)%
Year ended March 31, 2007               7,196         1,439         1,278          988          7.16



(2) Non-consolidated Financial Position
                                                                 (Millions of Yen, except per share data)

                                      Total assets   Total net assets    Equity-assets      Net assets
                                                                             ratio          per share

September 30, 2007                      175,350           150,228            85.7%           1,094.21
September 30, 2006                      171,291           144,061            84.1            1,049.89
March 31, 2007                          168,423           139,179            82.6            1,014.02


    (Reference) Equity-assets
     September 30, 2007                             Y150,228  million
     September 30, 2006                             Y144,061  million
     March 31, 2007                                 Y139,179  million







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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