Konami Corp KNM 2nd Quarter Results

  Konami Corp (KNM) - 2nd Quarter Results

RNS Number : 0626Q
Konami Corporation
01 November 2012
 



                        Consolidated Financial Results
                 for the Six Months Ended September 30, 2012
                   (Prepared in Accordance with U.S. GAAP)
                                                              November 1, 2012
KONAMI CORPORATION
Address:                7-2, Akasaka 9-chome, Minato-ku, Tokyo, Japan
Stock code number, TSE: 9766
Ticker symbol, NYSE:    KNM
URL:                    http://www.konami.co.jp/en
Shares listed:          Tokyo Stock Exchange, New York Stock Exchange, and
                        London Stock Exchange
Representative:         Takuya Kozuki, Representative Director, President
Contact:                Yasuyuki Yamaji, Corporate Officer,  General Manager, 
                        Corporate Planning

                        (Phone: +81-3-5771-0222)
Beginning date of        

dividend payment:       November 28, 2012
Adoption of U.S. GAAP:  Yes

 

                                  (Amounts are rounded to the nearest million)
1. Consolidated Financial Results for the Six Months Ended September 30, 2012
(1) Consolidated Results of Operations  
                                                                              
                          (Millions of Yen, except percentages and per share
                                                                    amounts)
                                               Income before

                                               income taxes
                                               and equity in                  
                                                net income     Net income
                                     Operating               attributable to
                             Net               of affiliated     KONAMI
                          revenues    income      company      CORPORATION
Six     months     ended 
September 30, 2012
                             106,673    12,563        11,488           6,955  
   Year-on-year  changes 
(%)                          (13.3)%   (37.8)%       (40.7)%         (39.3)%
Six     months     ended 
September 30, 2011
                             123,096    20,185        19,375          11,462  
   Year-on-year  changes 
(%)                             6.3%    150.8%        168.1%          173.4%
   Note:           Comprehensive income                                       
               Six months ended       Y5,442  a year-on-year          
            September 30, 2012:       million decrease of 41.1%
            Six months ended          Y9,244  -%                      
            September 30, 2011:       million

 

                        Basic net income       Diluted net income attributable
                     attributable to KONAMI    to KONAMI CORPORATION per share
                   CORPORATION per share (yen)              (yen)
Six months ended
September 30, 2012                       50.17                           50.17
Six months ended                         82.89                           82.89
September 30, 2011

 

(2)                           Consolidated                           Financial 
Position                                                                    
(Millions of Yen, except percentages)
                                                                 KONAMI
                                                 KONAMI       CORPORATION
                                              CORPORATION    stockholders'   
                                             stockholders'
                Total assets  Total equity       equity       equity ratio
September   30,                                                              
2012                  315,289       217,775          217,432          69.0%
March 31, 2012        328,006       215,720          215,458          65.7%  

 

2. Cash Dividends                                                            
                                  Cash dividends per share (yen)             
      Record Date          First        Second       Third     Year end Annual
                        quarter end  quarter end  quarter end
Year ended March 31,               -        25.00            -    25.00  50.00
2012
Year ending March 31,              -        25.00
2013
Year　ending March 31,                                       -    25.00  50.00
2013 -Forecast-
   Note:          Change in dividend forecasts for the fiscal year ending
                  March 31, 2013  during the six  months ended  September  
                  30, 2012: None

 

 

3. Consolidated Earnings Forecast for the Year Ending March 31, 2013
                     (Millions of Yen, except percentages  and per share data)
                                       Income
                                       before

                                    income taxes
                                     and equity
                                       in net
                                       income                    Net income
                                                  Net income  attributable to
                          Operating      of      attributable      KONAMI
                   Net               affiliated   to KONAMI   CORPORATION per
                revenues   income     company    CORPORATION    share (yen)
Year     ending 
March 31, 2013    270,000    41,100       40,100       23,100
                                                                        166.64
 % change  from      1.6%      0.4%         0.2%         0.4%
previous year
 Note:      Change in earnings forecasts for the fiscal year ending March  31, 
            2013 during the six months ended September 30, 2012: None

 

 

4. Other

(1)   Changes  in  significant  consolidated subsidiaries  during  the  period 
(status changes of subsidiaries due to changes in the scope of consolidation):
None

(2)   Adoption of  simplified methods in  accounting principles for  quarterly 
consolidated financial statements: None

(3)   Changes in accounting principles, procedures and reporting policies  for 
consolidated financial statements

1.     Changes accompanying amendment of accounting standard: Yes

2.     Other: None

Note: Please refer to page 12 for details.

(4)   Number of shares issued (Common Stock)

 1. Number of shares issued: (Treasury stock included)
    As of September 30, 2012             143,500,000  shares   
    As of March 31, 2012                 143,500,000  shares   
 2. Number of Treasury Stock:                                  
     As of September 30, 2012              4,880,727  shares   
     As of March 31, 2012                  4,879,848  shares   
 3. Average number of shares outstanding:                      
     Six months ended September 30, 2012 138,619,565  shares   
     Six months ended September 30, 2011 138,272,696  shares   

 

 

Information Regarding the Quarterly Review Procedures:

This report is  outside the scope  of the procedures  for review of  quarterly 
consolidated financial statements as required under the Financial  Instruments 
and Exchange  Act  of  Japan.  The aforementioned  procedures  have  not  been 
completed for the quarterly financial statements included in this document  as 
of the time of disclosure of this document.

 

 

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) our ability to successfully expand  internationally with a focus on  our 
 Digital Entertainment business and Gaming & Systems business; (v) our ability
 to successfully expand  the scope of  our business and  broaden our  customer 
 base through our Health & Fitness business; (vi) regulatory developments  and 
 changes and our  ability to  respond and adapt  to those  changes; (vii)  our 
 expectations with regard to further  acquisitions and the integration of  any 
 companies we may acquire; and (viii) the outcome of existing contingencies.

  

 Please refer to  pages 9,  10 and 11  for further  information regarding  our 
 business forecasts.

  

 

The Company disclosed  the supplemental  data for  the consolidated  financial 
statements via the Company's website on November 1, 2012.

Click on, or paste the following link into your web browser, to view the
associated PDF document.

 http://www.rns-pdf.londonstockexchange.com/rns/0626Q_-2012-11-1.pdf

 

 

                     This information is provided by RNS
           The company news service from the London Stock Exchange
 
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IR BBBRTMBJMMMT -0- Nov/01/2012 07:36 GMT