RNS Number : 1751S
Konami Group Corporation
02 November 2023

Consolidated Financial Results

for the Six Months Ended September 30, 2023

(Prepared in Accordance with IFRS)

November 2, 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)

Beginning date of dividend payment:

November 24, 2023

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

1. Consolidated Financial Results for the Six Months Ended September 30, 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

Six months ended September 30, 2023

153,851

35,414

35,443

37,008

26,834

26,834

% change from previous year

3.7%

38.3%

39.6%

34.7%

35.2%

35.2%

Six months ended September 30, 2022

148,359

25,611

25,396

27,479

19,847

19,847

% change from previous year

6.4%

(33.7)%

(35.1)%

(28.9)%

(28.0)%

(28.0)%

Total comprehensive income for the period:

Six months ended September 30, 2023: Y34,581 million; 22.3%

Six months ended September 30, 2022: Y28,269 million; 1.9%

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)

Six months ended September 30, 2023

197.95

197.95

Six months ended September 30, 2022

147.87

146.48

(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

September 30, 2023

570,085

402,452

402,437

70.6%

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 September 30, 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

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%

Note)

Recently announced change in earnings forecasts for the fiscal year ending March 31, 2024 during the three months ended September 30, 2023: 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 September 30, 2023

143,500,000

shares


As of March 31, 2023

143,500,000

shares

2.

Number of treasury shares:


As of September 30, 2023

7,941,641

shares


As of March 31, 2023

7,941,177

shares

3.

Average number of shares outstanding:


Six months ended September 30, 2023

135,558,561

shares


Six months ended September 30, 2022

134,224,059

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 8 to 10 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 November 2, 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/1751S_1-2023-11-2.pdf

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