Company Announcements

Final Results

Source: RNS
RNS Number : 5065Y
Konami Holdings Corporation
09 May 2019
 

Consolidated Financial Results

for the Year Ended March 31, 2019

(Prepared in Accordance with IFRS)

May 9, 2019

 

KONAMI HOLDINGS CORPORATION

Address:

7-2, Akasaka 9-chome, Minato-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:

Takuya Kozuki, Representative Director, President

Contact:

Junichi Motobayashi, Corporate Officer, General Manager, Finance and Accounting

(Phone: +81-3-5771-0222)

Date of General Shareholders Meeting:

 

June 26, 2019

Beginning date of dividend payment:

 

June 12, 2019

 

 

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

 

1. Consolidated Financial Results for the Year Ended March 31, 2019

 

(1) Consolidated Results of Operations                   (Millions of Yen, except percentages and per share amounts)

 

 

Revenue

Operating

profit

Profit before

income taxes

Profit for the year

Profit attributable to owners of the parent

Total comprehensive income for the year

Year ended March 31, 2019

  % change from previous year

262,549

9.6%

50,522

11.8%

50,310

12.5%

34,217

12.2%

34,196

12.1%

35,189

21.5%

Year ended March 31, 2018

  % change from previous year

239,497

4.2%

45,181

24.3%

44,709

25.9%

30,506

17.4%

30,507

17.6%

28,959

12.6%

               

 

 

Basic earnings per share (attributable to owners of the parent) (yen)

Diluted earnings per share (attributable to owners of the parent) (yen)

Return on profit attributable to owners of the parent

Ratio of profit before income taxes to total assets

Ratio of operating profit to revenue

Year ended March 31, 2019

252.86

249.02

12.9%

13.6%

19.2%

Year ended March 31, 2018

225.59

222.21

12.5%

12.8%

18.9%

Reference:

 

Profit from investments accounted for using the equity method

 

Year ended March 31, 2019:

 

279 million yen

 

 

Year ended March 31, 2018:

 

292 million yen

 

                     

 

(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

Equity attributable to owners of the parent per share (yen)

March 31, 2019

378,037

276,404

275,627

72.9%

2,038.16

March 31, 2018

363,108

254,539

253,782

69.9%

1,876.62

 

(3) Consolidated Cash Flows

(Millions of Yen)

 

 

 

Net cash provided by (used in)

Cash and

cash equivalents at the end of year

 

 

 

Operating

activities

Investing

activities

Financing

activities

 

 

 

 

Year ended March 31, 2019

49,131

(22,527)

(22,416)

159,242

 

Year ended March 31, 2018

53,980

(18,484)

(14,798)

154,485

 

2. Cash Dividends

 

 

 

Record Date

Cash dividends per share (yen)

Total cash dividends (annual)

Payout ratio

(consolidated)

Cash dividend rate for equity attributable to owners of the parent

(consolidated)

First quarter end

Second quarter end

Third quarter end

Year end

Annual

Year ended March 31, 2018

-

30.00

-

38.00

68.00

Y9,196 million

30.1%

3.8%

Year ended March 31, 2019

 

 

 

 

 

 

 

 

Regular dividends

-

35.50

-

40.50

76.00

Y10,278 million

30.0%

3.9%

Commemorative dividends

-

25.00

-

25.00

50.00

Y6,761 million

19.8%

2.5%

Total

-

60.50

-

65.50

126.00

Y17,039 million

49.8%

6.4%

Year ending March 31, 2020 (Forecast)

-

38.00

-

38.00

76.00

34.3%

*******

Note)

KONAMI HOLDINGS CORPORATION celebrated the 50th anniversary of its founding on March 21, 2019, we intend to award commemorative dividends in addition to regular dividends for the year ended March 31, 2019. Furthermore, the payment of dividends for the next fiscal year ending March 31, 2020 will maintain the same level of regular dividends for the year ended March 31, 2019 which was based on the record profits achieved.

                                     

 

3. Consolidated Earnings Forecast for the Year Ending March 31, 2020

 

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

 

 

Revenue

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, 2020

 % change from previous year

270,000

2.8%

47,000

(7.0)%

46,000

(8.6)%

30,000

(12.3)%

221.84

 

Note)

Although we expect profit growth from our operating business for the next fiscal year ending March 31,2020, we expect to incur temporary expenses of approximately five billion yen related to the relocation to our owned building, "Konami Creative Center Ginza." The temporary expenses include rent expenses for the period after leaving the current rental building, until the fiscal year ending March 31, 2021. Please refer to "1. Business Performance (1) Overview of Business Performance (iii) Outlook for the Fiscal Year Ending March 31,2020" for further details.

               

 

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: Yes

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 March 31, 2019

143,500,000

 shares

 

 

As of March 31, 2018

143,500,000

 shares

 

 2.

Number of treasury shares:

 

As of March 31, 2019

8,266,959

 shares

 

 

As of March 31, 2018

8,266,259

 shares

 

 3.

Average number of shares outstanding:

 

Year ended March 31, 2019

135,233,307

 shares

 

 

Year ended March 31, 2018

135,234,933

 shares

 

 

(Reference) Summary of Non-consolidated Financial Results

Results for the Year Ended March 31, 2019

(1) Non-consolidated Results of Operation     (Millions of Yen, except percentages and per share amounts)

 

Operating revenues

Operating income

Ordinary income

Net income

Year ended March 31, 2019

 % change from previous year

24,870

51.3%

21,860

62.3%

21,989

61.8%

21,860

59.4%

Year ended March 31, 2018

 % change from previous year

16,443

(3.3)%

13,469

(8.4)%

13,590

(8.3)%

13,710

38.2%

 

 

Basic net income

per share (yen)

Diluted net income  per share (yen)

Year ended March 31, 2019

161.65

158.99

Year ended March 31, 2018

101.38

99.71

 

(2) Non-consolidated Financial Position                     (Millions of Yen, except percentages)

 

Total assets

Total net assets

Equity ratio

Net assets

per share (yen)

March 31, 2019

243,568

223,972

92.0%

1,656.20

March 31, 2018

241,444

215,475

89.2%

1,593.36

 

Reference:

 

Total Stockholders' equity

 

 

 

Year ended March 31, 2019:

 

223,972 million yen

 

 

 

 

Year ended March 31, 2018:

 

215,475 million yen

 

 

                       

 

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 9, 10, 11, and 12 for further information regarding our business forecasts.

 

 

KONAMI HOLDINGS CORPORATION (the "Company") disclosed the supplemental data for the consolidated financial statements via the Company's website on May 9, 2019.

 

 

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/5065Y_1-2019-5-9.pdf 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
FR SSASAUFUSELI