Results for the Six Months Ended September

RNS Number : 5103R

Konami Corporation

04 November 2011

 



Consolidated Financial Results
for the Six Months Ended September 30, 2011
(Prepared in Accordance with U.S. GAAP)
November 4, 2011
KONAMI CORPORATION
Address:	7-2, Akasaka 9-chome, Minato-ku, Tokyo, Japan
Stock code number, TSE:	9766
Ticker symbol, NYSE:	KNM
URL:	http://www.konami.co.jp/en/index.html
Shares listed:	Tokyo Stock Exchange, New York Stock Exchange, and London Stock Exchange
Representative:	Kagemasa Kozuki / Representative Director and Chairman of the Board, President
Contact:	Yasuyuki Yamaji / Corporate Officer, General Manager, Corporate Strategy (Phone: [phone])
Beginning date of dividend payment:	Not yet determined
Adoption of U.S. GAAP:	Yes

(Amounts are rounded to the nearest million)
1. Consolidated Financial Results for the Six Months Ended September 30, 2011
(1) Consolidated Results of Operations                            (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
Six months ended September 30, 2011   % change from previous period			123,096 6.3%	20,185 150.8%			19,375 168.1%		11,462 173.4%
Six months ended September 30, 2010   % change from previous period			115,763 1.6%	8,050 74.6%			7,227 79.4%		4,192 87.8%
Note:		Comprehensive income
	Six months ended September 30, 2011:					Y 9,244
	Six months ended September 30, 2010:					Y 1,708

	Basic net income attributable to KONAMI CORPORATION  per share (yen)	Diluted net income attributable to KONAMI CORPORATION  per share (yen)
Six months ended September 30, 2011	82.89	82.89
Six months ended September 30, 2010	31.41	31.41

(2) Consolidated Financial Position              (Millions of Yen, except percentages and per share amounts)
		Total assets		Total equity			KONAMI CORPORATION stockholders' equity			KONAMI CORPORATION stockholders' equity ratio
September 30, 2011		313,287		205,546			205,335			65.5%
March 31, 2011		313,891		198,407			193,914			61.8%
2. Cash Dividends
Record Date			Cash dividends per share (yen)
			First quarter end		Second quarter end	Third quarter end			Year end			Annual
Year ended March 31, 2011			-		16.00	-			16.00			32.00
Year ending March 31, 2012			-		25.00
Year ending March 31, 2012 -Forecast-						-			16.00			41.00
Note:	Change in earnings forecasts for the fiscal year ending March 31, 2012 from the latest announced projected cash dividend: None

3. Consolidated Earnings Forecast for the Year Ending March 31, 2012
(Millions of Yen, except percentages and per share data)
			Net revenues	Operating income	Net income before income taxes	Net income attributable to KONAMI CORPORATION	Net income attributable to KONAMI CORPORATION per share (yen)
Year ending March 31, 2012   % change from previous year			258,000 0.0%	33,000 58.7%	31,500 65.1%	18,500 43.0%	133.64
Note:		Change in earnings forecasts for the fiscal year ending March 31, 2012 from the latest earnings forecast: Yes

4. Other

(1)   Changes in significant consolidated subsidiaries during the period (status changes of subsidiaries due to changes in the scope of consolidation) :None

(2)   Adoption of simplified methods in accounting principles for quarterly consolidated financial statements: None

(3)   Changes in accounting principles, procedures and reporting policies:

1.	Changes accompanying amendment of accounting standard: None
2.	Other: None

(4)   Number of shares issued (Common Stock)

1.	Number of shares issued: (Treasury stock included)
	Six months ended September 30, 2011	143,500,000	shares
	Year ended March 31, 2011	143,500,000	shares
2.	Number of Treasury Stock:
	Six months ended September 30, 2011	4,877,000	shares
	Year ended March 31, 2011	7,359,029	shares
3.	Average number of shares outstanding:
	Six months ended September 30, 2011	138,272,696	shares
	Six months ended September 30, 2010	133,460,536	shares

Information Regarding the Quarterly Review Procedures:

This report is outside the scope of the procedures for review of quarterly consolidated financial statements as required under the Financial Instruments and Exchange Act of Japan. The aforementioned procedures have not been completed as of the time of disclosure of this document.

Cautionary Statement with Respect to Forward-Looking Statements and Other Matters:

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, Gaming & Systems business and Pachinko & Pachinko Slot Machines 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 pages 9, 10 and 11 for further information regarding our business forecasts.

KONAMI CORPORATION (the "Company") disclosed the supplemental data for the consolidated financial statements via the Company's website on November 4, 2011.

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http://www.rns-pdf.londonstockexchange.com/rns/5103R_-2011-11-4.pdf

 

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