3rd Quarter Results

Konami Group Corporation

01 February 2024

 

Consolidated Financial Results

for the Nine Months Ended December 31, 2023

(Prepared in Accordance with IFRS)

February 1, 2024

KONAMI GROUP CORPORATION
Address:	11-1, Ginza 1-chome, Chuo-ku, Tokyo, Japan
Stock code number, TSE:	9766
Ticker symbol, LSE:	KNM
URL:	https://www.konami.com/
Shares listed:	Tokyo Stock Exchange and London Stock Exchange
Representative:	Kimihiko Higashio, Representative Director, President
Contact:	Junichi Motobayashi, Corporate Officer, General Manager, Finance Division (Phone: [phone])
Beginning date of dividend payment:	-

(Amounts are rounded to the nearest million, except percentages and per share amounts)

1. Consolidated Financial Results for the Nine Months Ended December 31, 2023

(1) Consolidated Results of Operations

(Millions of Yen, except percentages and per share amounts)

	Revenue	Business profit	Operating profit	Profit before income taxes	Profit for the period	Profit attributable to owners of the parent
Nine months ended December 31, 2023	253,096	62,821	59,608	61,501	44,495	44,495
% change from previous year	11.6%	53.0%	58.9%	60.3%	61.4%	61.4%
Nine months ended December 31, 2022	226,878	41,062	37,523	38,374	27,571	27,571
% change from previous year	5.5%	(31.2)%	(37.8)%	(35.9)%	(34.9)%	(34.9)%

Total comprehensive income for the period:	Nine months ended December 31, 2023: 48,104 million yen; 52.7%
	Nine months ended December 31, 2022: 31,509 million yen; (28.1)%

Note)

Business profit is calculated by deducting "cost of revenue" and "selling, general and administrative expenses" from "revenue."

	Basic earnings per share (attributable to owners of the parent) (yen)	Diluted earnings per share (attributable to owners of the parent) (yen)
Nine months ended December 31, 2023	328.23	328.23
Nine months ended December 31, 2022	204.82	203.46

(2) Consolidated Financial Position

(Millions of Yen, except percentages and per share amounts)

	Total assets	Total equity	Total equity attributable to owners of the parent	Ratio of equity attributable to owners of the parent
December 31, 2023	578,572	407,570	407,555	70.4%
March 31, 2023	547,223	376,279	376,264	68.8%

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, 2023	-	62.00	-	62.00	124.00
Year ending March 31, 2024	-	62.00	-
Year ending March 31, 2024 (Forecast)				62.00	124.00

Note)

Recently announced change in dividend forecasts for the fiscal year ending March 31, 2024 during the three months ended December 31, 2023: No

3. Consolidated Earnings Forecast for the Year Ending March 31, 2024

(Millions of Yen, except percentages and per share amounts)

	Revenue	Business profit	Operating profit	Profit before income taxes	Profit attributable to owners of the parent	Basic earnings per share (attributable to owners of the parent) (yen)
Year ending March 31, 2024	343,000	78,500	72,000	72,000	51,000	376.22
% change from previous year	9.1%	38.7%	55.9%	52.8%	46.2%

Note)

Recently announced change in earnings forecasts for the fiscal year ending March 31, 2024 during the three months ended December 31, 2023: Yes

Noted Items

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

(2)  Changes in accounting policies and accounting estimate

1.	Changes in accounting policies required by IFRS: No
2.	Other changes: No
3.	Changes in accounting estimate: No

(3)  Number of shares issued (Share capital)

1.	Number of shares issued: (Treasury shares included)
	As of December 31, 2023	143,500,000	shares
	As of March 31, 2023	143,500,000	shares
2.	Number of treasury shares:
	As of December 31, 2023	7,941,747	shares
	As of March 31, 2023	7,941,177	shares
3.	Average number of shares outstanding:
	Nine months ended December 31, 2023	135,558,479	shares
	Nine months ended December 31, 2022	134,611,852	shares

Earnings release (Kessan Tanshin) regarding these consolidated financial results is not subject to auditing procedures.

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) the timing of the release of new game titles and products, especially game titles and products that are part of historically popular series; (ⅴ) our ability to successfully expand internationally with a focus on our Digital Entertainment, Amusement, and Gaming & Systems businesses; (ⅵ) our ability to successfully expand the scope of our business and broaden our customer base through our Sports business; (ⅶ) regulatory developments and changes and our ability to respond and adapt to those changes; (ⅷ) our expectations with regard to further acquisitions and the integration of any companies we may acquire; and (ⅸ) the outcome of existing contingencies.

Please refer to page from 9 to 11 for further information regarding our business forecasts.

KONAMI GROUP CORPORATION (the "Company") disclosed the supplemental data for the consolidated financial statements via the Company's website on February 1, 2024.

As for the full text of the earnings release, please refer to the attached PDF File as below.

http://www.rns-pdf.londonstockexchange.com/rns/6756B_1-2024-2-1.pdf

 

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