Holding in Company

Konami Corporation
24 August 2001


Form No. 1

     Substantial Shareholding Report

(Report in according with Article 27-23, 
Paragraph 1 of the Securities and Exchange Law)


To: Director of Kanto Financial Bureau

                                                Effective date of
Name KONAMI CORPORATION       (Seol)            reporting duty    August 22,2001

Address or head office     3-1, Toranomon 4-chome, Minato-ku, Tokyo
location

Submitted on   August 23, 2001   (Japan Industrial Standards A4 210 x 297mm)



I. Matters Regarding Submitter

1. Issuing company

Name of issuing company:       HUDSON SOFT COMPANY, LIMITED

Company Code:                  4822

*1. Listed

Listed securities exchange:    *  1.  Tokyo     2. Osaka      3. Nagoya
                                  4.  Kyoto    (5). Fukuoka   6. Sapporo

Head office location:          5-4-22 Hiragishi-sanjo, Toyohira-ku, Sapporo     
                               City, Hokkaido


2.  Submitter (Substantial Shareholder)

*   2. Judicial person      1. Stock company

Name                               KONAMI CORPORATION

Address or head office location    3-1, Toranomon 4-chome, Minato-ku, Tokyo

          Date of incorporation     March 19, 1973
Judicial
person    Name of representative    Kagemasa Kozuki

          Title of representative   Representative Director and President

          Business purposes         Global Entertainment          

Place to contact and name of        Noriaki Yamaguchi
person in charge                    Representative Director and CFO

Telephone number                    03(3578)0573 (general number)


3. Holding purposes

Strategic capital tie-up and business alliance for mutual utilization of our
content and distribution network.

Company code of issuing company     4822

Name of submitter
(Substantial Shareholder            KONAMI CORPORATION


4. Breakdown of stock, etc. held by the submitter

                    Main Text of       Article 27-23,        Article 27-23,
                    Article 27-23      Paragraph 3, Item 1   Paragraph 3, Item 2
                    Paragraph 3

Stock                5,606,000 shares               shares                shares
Warrants            A          shares                        H            shares
Warrant securities  B          shares                        I            shares
Convertible bonds   C          shares                        J            shares
Warrant bonds       D          shares                        K            shares
Target securities
covered warrants    E                                        L
Stock depositary
receipts
Stock related       F                                        M
depositary receipts
Target securities   G                                        N
redeemable bonds

Total               O 5,606,000 shares  P           shares   Q            shares


Number of stock, etc.                     Total number of issued
which were transferred   R      shares    and outstanding stock    U 14,446,000
through a margin                          (as of January 17,2001)        shares
transaction and which
are to be deducted                        Percentage of stock,etc.
                                          held by the above-stated
Total Number of held     S    5,606,000   submitter (S/(T+U)x100)        38.81% 
stock, etc.                      shares
(O+P+Q+R)                                 Percentage of stock, etc.
                                          held stated in preceding
Number of potentially    T       shares   report                            - %
(or constructively) 
held stock,etc.
(A+B+C+D+E+F+G+H+l+J+K
+L+M+N)
 

5. Conditions concerning acquisition or disposal during the last sixty(60) days
of stock, etc. issued by issuing company

Date      Kind of      Number             Distinction between       Unit Price
          stock, etc.                     acquisition and disposal
August
22, 2001     Stock     5,606,000 shares   *(1) Acquisition  2 Disposal  892 yen



6. Material agreements including security agreement related to the stock, etc.

   None


7. Funds for acquiring held stock, etc.

   (1) Breakdown of funds for acquisition

   Amount of own funds   R  5,000,552 thousand yen    Total amount of loans  S
   (thousands of yen)                                 (thousands of yen)


   Other funds (specifically)       

                                              Total amount of other funds    T
                                                        (Y1,000)    

   Total amount of funds for
   acquisition
     (R+S+T)(Y1,000)           5,000,552 thousand yen