RNS Number : 4427V
Konami Group Corporation
31 January 2025
 

January 31, 2025


FOR IMMEDIATE RELEASE



KONAMI GROUP CORPORATION



Kimihiko Higashio, Representative Director, President


Shares listed:

Tokyo and London Stock Exchanges





Contact:

Junichi Motobayashi, Corporate Officer,

General Manager, Finance Division


Tel:

+81-3-6636-0573

 

News Release: Notice on Revision of the Consolidated Forecast and

the Dividend Forecast for the Fiscal Year Ending March 31, 2025

 

KONAMI GROUP CORPORATION (the "Company") hereby announces the revision of its consolidated earnings forecast and dividend forecast for the fiscal year ending March 31, 2025, which was released on May 9, 2024 in its Consolidated Financial Results for the Year Ended March 31, 2024, in light of its recent business performance.

 

1.   Revision of the Consolidated Earnings Forecast for the Fiscal Year Ending March 31, 2025

For the fiscal year ending March 31, 2025 (from April 1, 2024 to March 31, 2025) 


     (Millions of yen, except percentages)


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)

Previous forecast (A) Released on May 9, 2024

380,000

92,500

84,500

84,500

59,500

438.93

Revised forecast (B)

412,000

108,000

100,000

100,000

70,000

516.39

Change (B - A)

32,000

15,500

15,500

15,500

10,500

*****

Percentage Change (%)

8.4

16.8

18.3

18.3

17.6

*****


Results for the year ended March 31, 2024

360,314

88,212

80,262

82,685

59,171

436.50

 

Reasons for the Revision

For the nine months ended December 31, 2024, total revenue, business profit, operating profit, profit before income taxes and profit attributable to owners of the parent are all progressing ahead of the initial forecast for the fiscal year ending March 31, 2025.

It is mainly due to the strong performance of core titles, including eFootball™, in the Digital Entertainment business. In addition, sales of the new console game SILENT HILL 2 is expected to exceed the plan.

In light of these business performances, the Company revised its consolidated earnings forecast for the fiscal year ending March 31, 2025 as set forth above.

 

2.   Revision of the Dividend Forecast for the Fiscal Year Ending March 31, 2025


Annual dividends per share (yen)


Second quarter end

Year end

Annual total

Previous forecast released on May 9, 2024

*****

66.00 yen

132.00 yen

Revised forecast

*****

89.00 yen

155.00 yen

Year ended March 31, 2025 (actual)

66.00 yen

*****

*****

Year ended March 31, 2024 (actual)

62.00 yen

69.00 yen

131.00 yen

 

Reasons for the Revision

Since the Company believes that the provision of dividends and the enhancement of corporate value are important ways to return profits to its shareholders, the basic policy is to emphasize payment of dividends as a target for more than 30% in the consolidated payout ratio.

Based on this basic policy, once the Company had forecasted a year-end dividend would be 66.00 yen per share, it predicted profit attributable to owners of the parent would finish above its previous forecast as set forth above in the revision of its consolidated earnings forecast for the fiscal year ending March 31, 2025 and revised the year-end dividend forecast would be 89.00 yen per share. As a result, including the interim dividend of 66.00 yen per share, dividends on an annual basis will be 155.00 yen per share.

 

End

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.

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