Company Announcements

1st Quarter Results

Source: RNS
RNS Number : 9364U
Konami Group Corporation
04 August 2022
 

Consolidated Financial Results

for the Three Months Ended June 30, 2022

(Prepared in Accordance with IFRS)

August 4, 2022


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: +81-3-6636-0573)

Beginning date of dividend payment:

-

 

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

 

1. Consolidated Financial Results for the Three Months Ended June 30, 2022

 

(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

Three months ended June 30, 2022

  % change from previous year

71,905

5.2%

14,099

(30.5)%

14,040

(27.8)%

15,852

(17.1)%

11,432

(16.3)%

11,432

(16.3)%

Three months ended June 30, 2021

  % change from previous year

68,326

29.2%

20,278

64.2%

19,437

187.0%

19,115

204.2%

13,658

225.7%

13,659

225.7%

Total comprehensive income for the period:

Three months ended June 30, 2022: Y16,724 million; 22.9%


Three months ended June 30, 2021: Y13,608 million; 216.2%

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)

Three months ended June 30, 2022

85.41

84.38

Three months ended June 30, 2021

102.54

100.86

 

(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

June 30, 2022

527,733

356,138

356,123

67.5%

March 31, 2022

528,613

348,076

348,061

65.8%

 



 

 

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, 2022

-

36.50

-

87.00

123.50

Year ending March 31, 2023

-

*******

*******

*******

*******

Year ending March 31, 2023 (Forecast)

*******

62.00

-

62.00

124.00

Note)

Recently announced change in dividend forecasts for the fiscal year ending March 31, 2023 during the three months ended June 30, 2022: No

 

 

3. Consolidated Earnings Forecast for the Year Ending March 31, 2023

                  (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, 2023

  % change from previous year

320,000

6.8%

81,000

0.9%

76,500

2.8%

76,500

1.8%

55,000

0.4%

411.74

   Note)

Recently announced change in earnings forecasts for the fiscal year ending March 31, 2023 during the three months ended June 30, 2022: No

 

 

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 June 30, 2022

143,500,000

 shares

 


As of March 31, 2022

143,500,000

 shares

 

 2.

Number of treasury shares:


As of June 30, 2022

9,221,145

 shares

 


As of March 31, 2022

9,919,591

 shares

 

 3.

Average number of shares outstanding:


Three months ended June 30, 2022

133,844,714

 shares

 


Three months ended June 30, 2021

133,213,056

 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 August 4, 2022.

 

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/9364U_1-2022-8-4.pdf

 

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