Final Results

RNS Number : 0569D

Konami Corporation

10 May 2012

 



Consolidated Financial Results
for the Year Ended March 31, 2012
(Prepared in Accordance with U.S. GAAP)
May 10, 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/index.html
Shares listed:	Tokyo Stock Exchange, New York Stock Exchange, and London Stock Exchange
Representative:	Kagemasa Kozuki, Representative Director and Chairman of the Board, President
Contact:	Yasuyuki Yamaji, Corporate Officer, General Manager, Corporate Strategy (Phone: [phone])
Date of General Shareholders Meeting:	June 28, 2012
Date of dividend payment:	June 7, 2012
Adoption of U.S. GAAP:	Yes

(Amounts are rounded to the nearest million)
1. Consolidated Financial Results for the Year Ended March 31, 2012
(1) Consolidated Results of Operations                             (Millions of Yen, except percentages and per share amounts)
			Net revenues		Operating income			Income before income taxes and equity in net income of affiliated company	Net income attributable to KONAMI CORPORATION
Year ended March 31, 2012   % change from previous year			265,758 3.0%		40,950 97.0%			40,026 109.8%	23,012 77.9%
Year ended March 31, 2011   % change from previous year			257,988 (1.6)%		20,791 11.4%			19,082 11.4%	12,934 (2.9) %
Note:		Comprehensive income
	Year ended March 31, 2012:					Y22,840 million	a year-on-year increase of 116.2%
	Year ended March 31, 2011:					Y10,562 million	a year-on-year decrease of 19.0%

			Basic net income attributable to KONAMI CORPORATION per share (yen)	Diluted net income attributable to KONAMI CORPORATION per share (yen)			Return on stockholders' equity attributable to KONAMI CORPORATION		Ratio of income　before income taxes to total assets	Ratio of operating income to net revenues
Year ended March 31, 2012			166.23	166.23			11.2%		12.5%	15.4%
Year ended March 31, 2011			96.48	96.48			6.8%		6.2%	8.1%
Reference:		Equity in net income of affiliated companies
	Year ended March 31, 2012:					Y52 million
	Year ended March 31, 2011:					Y41 million

(2) Consolidated Financial Position                                     (Millions of Yen, except percentages and per share amounts)
	Total assets	Total equity	KONAMI CORPORATION stockholders' equity	KONAMI CORPORATION stockholders' equity ratio	KONAMI CORPORATION stockholders' equity per share (yen)
March 31, 2012	328,006	215,720	215,458	65.7%	1,554.31
March 31, 2011	313,891	198,407	193,914	61.8%	1,424.36

(3) Consolidated Cash Flows                                                                                                        (Millions of Yen)

			Net cash provided by (used in)										Cash and cash equivalents at end of year
			Operating activities			Investing activities			Financing activities
Year ended March 31, 2012			37,915			(7,646)			(13,254)				76,451
Year ended March 31, 2011			26,605			(10,773)			(6,182)				59,541
2. Cash Dividends
Record Date		Cash dividends per share (yen)								Total cash dividends (annual)		Payout ratio (consolidated)			Cash dividend rate for stockholders' equity (consolidated)
		First quarter end		Second quarter end	Third quarter end		Year end	Annual
Year ended March 31, 2011		-		16.00	-		16.00	32.00		Y4,314 million		33.2%			2.3%
Year ended March 31, 2012		-		25.00	-		25.00	50.00		Y6,932 million		30.1%			3.4%
Year　ending March 31, 2013 -Forecast-		-		25.00	-		25.00	50.00				30.0%

3. Consolidated Earnings Forecast for the Year Ending March 31, 2013
(Millions of Yen, except percentages and per share data)
	Net revenues	Operating income	Net income before income taxes	Net income attributable to KONAMI CORPORATION	Net income attributable to KONAMI CORPORATION per share (yen)
Year ending March 31, 2013  % change from previous year	270,000 1.6%	41,100 0.4%	40,100 0.2%	23,100 0.4%	166.64

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

1.     Changes accompanying amendment of accounting standard: None

2.     Other: None

(3)   Number of shares issued (Common Stock)

1.	Number of shares issued: (Treasury stock included)
	Year ended March 31, 2012	143,500,000	shares
	Year ended March 31, 2011	143,500,000	shares
2.	Number of Treasury Stock:
	Year ended March 31, 2012	4,879,848	shares
	Year ended March 31, 2011	7,359,029	shares
3.	Average number of shares outstanding:
	Year ended March 31, 2012	138,433,751	shares
	Year ended March 31, 2011	134,065,450	shares

(Reference) Summary of Non-consolidated Financial Results

1. Results for the Year Ended March 31, 2012

 (1) Non-consolidated Results of Operations

(Millions of Yen, except percentages and per share data)
	Operating revenues	Operating income	Ordinary income	Net income
Year ended March 31, 2012   % change from previous year	18,348 11.7%	13,623 13.4%	13,869 16.1%	13,488 8.6%
Year ended March 31, 2011   % change from previous year	16,430 (14.8)%	12,011 (17.8)%	11,943 (17.6)%	12,423 (11.8)%

	Basic net income per share (yen)	Diluted net income  per share (yen)
Year ended March 31, 2012	97.44	-
Year ended March 31, 2011	92.67	-

(2) Non-consolidated Financial Position

	(Millions of Yen, except percentages and per share data)
				Total assets		Total net assets	Equity ratio	Net assets per share
	March 31, 2012			220,601		175,870	79.7%	1,268.72
	March 31, 2011			190,189		164,269	86.4%	1,206.61
Reference:			Total Stockholders' equity
		Year ended March 31, 2012:				Y 175,870 million
		Year ended March 31, 2011:				Y 164,269 million

Information Regarding the Audit Review Procedures:

This report is outside the scope of the procedures for audit of consolidated financial statements as required under the Financial Instruments and Exchange Act of Japan. The aforementioned procedures have not been completed 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. Click on, or paste the following link into your web browser, to view the associated PDF document. http://www.rns-pdf.londonstockexchange.com/rns/0569D_-2012-5-10.pdf  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 May 10, 2012.

 

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