1st Quarter Results

Source: RNS
RNS Number : 7654Y
Konami Group Corporation
01 August 2024
 

 

 

Consolidated Financial Results

for the Three Months Ended June 30, 2024

(Prepared in Accordance with IFRS)

August 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: +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, 2024

(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, 2024

90,039

25,149

25,145

26,546

19,160

19,160

% change from previous year

24.0%

46.6%

46.6%

44.3%

43.3%

43.3%

Three months ended June 30, 2023

72,633

17,161

17,151

18,394

13,375

13,375

% change from previous year

1.0%

21.7%

22.2%

16.0%

17.0%

17.0%

 

Total comprehensive income for the period:

Three months ended June 30, 2024: 24,125 million yen; 26.4%

 

Three months ended June 30, 2023: 19,092 million yen; 14.2%

 

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, 2024

141.35

141.35

Three months ended June 30, 2023

98.67

98.67

 

 

(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, 2024

612,599

442,148

442,132

72.2%

March 31, 2024

605,850

427,378

427,362

70.5%



 

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, 2024

-

62.00

-

69.00

131.00

Year ending March 31, 2025

-

 

 

 

 

Year ending March 31, 2025 (Forecast)

 

66.00

-

66.00

132.00

 

Note)

Recently announced change in dividend forecasts for the fiscal year ending March 31, 2025 during the three months ended June 30, 2024: No

 

 

3. Consolidated Earnings Forecast for the Year Ending March 31, 2025

 

(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, 2025

380,000

92,500

84,500

84,500

59,500

438.93

% change from previous year

5.5%

4.9%

5.3%

2.2%

0.6%

 

Note)

Recently announced change in earnings forecasts for the fiscal year ending March 31, 2025 during the three months ended June 30, 2024: No

 

Noted Items

(1)  Significant changes in the scope of consolidation during the period: None

 

(2)  Changes in accounting policies and changes in accounting estimates

1.

Changes in accounting policies required by IFRS: None

2.

Changes in accounting policies due to other reasons: None

3.

Changes in accounting estimates: None

 

(3)  Number of shares issued (Share capital)

1.

Number of shares issued: (Treasury shares included)


As of June 30, 2024

143,500,000

shares


As of March 31, 2024

143,500,000

shares

2.

Number of treasury shares:


As of June 30, 2024

7,942,369

shares


As of March 31, 2024

7,942,166

shares

3.

Average number of shares outstanding:


Three months ended June 30, 2024

135,557,763

shares


Three months ended June 30, 2023

135,558,690

shares

 

Review of the Japanese-language originals of the attached quarterly consolidated financial statements by certified public accountants or an audit firm: None


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 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/7654Y_1-2024-8-1.pdf


 

 

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