| Consolidated Financial Results |
| for the Year Ended March 31, 2023 |
| (Prepared in Accordance with IFRS) |
| May 11, 2023 |
| 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) | ||
| Date of General Shareholders Meeting: |
June 28, 2023 | Beginning date of dividend payment: |
June 7, 2023 |
(Amounts are rounded to the nearest million, except percentages and per share amounts)
1. Consolidated Financial Results for the Year Ended March 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 year | Profit attributable to owners of the parent |
| Year ended March 31, 2023 | 314,321 | 56,611 | 46,185 | 47,120 | 34,895 | 34,895 |
| % change from previous year | 4.9% | (29.5)% | (38.0)% | (37.3)% | (36.3)% | (36.3)% |
| Year ended March 31, 2022 | 299,522 | 80,315 | 74,435 | 75,163 | 54,812 | 54,806 |
| % change from previous year | 9.9% | 25.2% | 103.6% | 111.2% | 69.8% | 69.9% |
| Total comprehensive income for the year: | Year ended March 31, 2023: Y39,834 million; (32.9)% |
|
| Year ended March 31, 2022: Y59,340 million; 71.8% |
| 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) |
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, 2023 | 258.81 | 257.49 | 9.6% | 8.8% | 14.7% |
| Year ended March 31, 2022 | 410.80 | 404.62 | 16.9% | 14.8% | 24.9% |
| Reference: Profit from investments accounted for using the equity method | |
|
| Year ended March 31, 2023: Y 137 million |
|
| Year ended March 31, 2022: Y 87 million |
| (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, 2023 | 547,223 | 376,279 | 376,264 | 68.8% | 2,775.65 |
| March 31, 2022 | 528,613 | 348,076 | 348,061 | 65.8% | 2,605.63 |
| (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, 2023 | 36,098 | (42,786) | (27,467) | 219,263 |
| Year ended March 31, 2022 | 96,542 | (22,993) | (27,913) | 250,711 |
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, 2022 | - | 36.50 | - | 87.00 | 123.50 | Y16,497 million | 30.1% | 5.1% |
| Year ended March 31, 2023 | - | 62.00 | - | 62.00 | 124.00 | Y16,805 million | 47.9% | 4.6% |
| Year ending March 31, 2024 (Forecast) | - | 62.00 | - | 62.00 | 124.00 | ******* | 41.0% | ******* |
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 | 328,000 | 63,000 | 60,000 | 59,000 | 41,000 | 302.45 |
| % change from previous year | 4.4% | 11.3% | 29.9% | 25.2% | 17.5% |
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 March 31, 2023 | 143,500,000 | shares |
| | As of March 31, 2022 | 143,500,000 | shares |
| 2. | Number of treasury shares: | ||
| | As of March 31, 2023 | 7,941,177 | shares |
| | As of March 31, 2022 | 9,919,591 | shares |
| 3. | Average number of shares outstanding: | ||
| | Year ended March 31, 2023 | 134,830,397 | shares |
| | Year ended March 31, 2022 | 133,410,926 | shares |
(Reference) Summary of Non-consolidated Financial Results
Results for the Year Ended March 31, 2023
| (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, 2023 | 48,576 | 43,677 | 44,997 | 44,322 |
| % change from previous year | 146.8% | 171.8% | 170.3% | 169.9% |
| Year ended March 31, 2022 | 19,686 | 16,066 | 16,649 | 16,421 |
| % change from previous year | (62.5)% | (67.8)% | (66.8)% | 18.1% |
|
| Basic net income per share (yen) | Diluted net income per share (yen) |
| Year ended March 31, 2023 | 328.73 | 326.95 |
| Year ended March 31, 2022 | 123.09 | 121.13 |
| (2) Non-consolidated Financial Position | (Millions of Yen, except percentages) |
|
|
Total assets |
Total net assets |
Equity ratio | Net assets per share (yen) |
| March 31, 2023 | 351,413 | 287,842 | 81.9% | 2,123.38 |
| March 31, 2022 | 336,617 | 255,098 | 75.8% | 1,909.70 |
| Reference: Total Stockholders' equity | |
|
| Year ended March 31, 2023: Y287,842 million |
|
| Year ended March 31, 2022: Y255,098 million |
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 8 to 9 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 May 11, 2023.
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/1155Z_1-2023-5-11.pdf
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