Forecast for Financial Result

Konami Corporation
04 November 2005


FOR IMMEDIATE RELEASE

November 4, 2005

KONAMI CORPORATION
2-4-1 Marunouchi, Chiyoda-ku, Tokyo, Japan
Kagemasa Kozuki
Representative Director and CEO
Stock code number: 9766 at TSE1


Contact: Noriaki Yamaguchi
Executive Vice President and Chief Financial Officer
Tel: [phone]


               News Release: Forecast for Consolidated Result
                For the Six Months Ended September 30, 2005


Konami Corporation hereby announces our forecast for consolidated results in
accordance with U.S. GAAP for the six months ended September 30, 2005.


In our Computer & Video Games business, our popular soccer and baseball games
recorded strong sales, and in our Toy & Hobby business, Yu-Gi-Oh! card game
sales increased substantially from the previous year, contributing to the
performance of our Digital Entertainment Business Segment.

In April, we dissolved our capital relationship with Takara Co., Ltd., and
declared 6,900 million yen of gain on sales of shares of Takara. As a result,
our income before income taxes increased despite the decrease in operating
income.

As a result, we forecast our consolidated results for the six months ended
September 30, 2005, to be as shown above.

As for the six months ended March 31, 2006, we plan to unveil new arcade game
machines and are aiming for strong sales of our Casino Management System. We
have not made any changes to our forecast for the fiscal year ending March 31,
2006.



                                                                                       (Millions of yen)
                      Net revenues      Operating income     Income before income taxes      Net income
Six months ended
September 30, 2005         111,900              7,500                    14,300                   7,000

Six months ended
September 30, 2004         114,009             11,851                    11,586                   1,626
Increase (decrease)         (1.8%)            (36.7%)                    (23.4%)                 330.5%







Fiscal year ended March 31, 2006

                                                                (Millions of yen)
Net revenues      Operating income    Income before income taxes      Net income
  270,000              28,500                   34,000                     1,800


Cautionary Statement with Respect to Forward-Looking Statements:

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 video game software business, card game business and gaming machine
business; (v) our ability to successfully expand the scope of our business and
broaden our customer base through our exercise entertainment 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
contingencies.



                      This information is provided by RNS
            The company news service from the London Stock Exchange