Konami Grp Corp Regulatory News (KNM)

Consolidated Financial Results

for the Year Ended March 31, 2009

(Prepared in Accordance with U.S. GAAP)

May 14, 2009

KONAMI CORPORATION

Address:

7-2, Akasaka 9-chome, Minato-ku, Tokyo, Japan

Stock code number, TSE:

9766 

Ticker symbol, NYSE:

KNM

URL:

www.konami.net

Shares listed:

Tokyo Stock Exchange, New York Stock Exchange, London Stock Exchange

and Singapore Exchange

Representative:

Kagemasa Kozuki, Representative Director and Chief Executive Officer

Contact:

Noriaki Yamaguchi, Representative Director and Chief Financial Officer

(Phone: +81-3-5771-0222)

Date of General Shareholders Meeting:

June 26, 2009

Date of dividend payment:

June 5, 2009

Adoption of U.S. GAAP:

Yes

1. Consolidated Financial Results for the Year Ended March 31, 2009

(Amounts are rounded to the nearest million)

(1) Consolidated Results of Operations  (Millions of Yen, except per share data)

Net revenues

Operating

income 

Income before income taxes

Net income 

Year ended March 31, 2009

% change from previous year

309,771

4.2%

27,361

(19.1)%

24,719

(24.7)%

10,874

(40.7)%

Year ended March 31, 2008

% change from previous year

297,402

6.1%

33,839

20.2%

32,834

19.1%

18,345

13.2%

Basic net income per share (yen)

Diluted net income per share (yen)

Return on stockholders' equity

Ratio of income　before income taxes to total assets

Ratio of operating income to net revenues

Year ended March 31, 2009

79.30

79.30

6.0%

8.0%

8.8%

Year ended March 31, 2008

133.63

133.57

10.3%

10.5%

11.4%

Notes:

Equity in net income of an affiliated company

Year ended March 31, 2009:

Y(2,490) million

Year ended March 31, 2008:

Y180 million

(2) Consolidated Financial Position (Millions of Yen, except per share amounts)

Total assets

Total stockholders'

equity

Stockholders' 

equity ratio

Stockholders'

equity per share

March 31, 2009

301,670

178,632

59.2%

1,338.46

March 31, 2008

319,248

182,759

57.2%

1,330.88

Net cash provided by (used in)

Cash and

cash equivalents at end of year

Operating

activities

Investing

activities

Financing

activities

Year ended March 31, 2009

30,131

(5,715)

(21,004)

53,568

Year ended March 31, 2008

30,788

(15,359)

(19,818)

52,130

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, 2008

-

27.00

-

27.00

54.00

Y7,415 million

40.4%

4.1%

Year ended March 31, 2009

-

27.00

-

27.00

54.00

Y7,315 million

68.1%

4.0%

Year　ending March 31, 2010 -Forecast- 

-

27.00

-

27.00

54.00

-

45.0%

-

3. Consolidated Earnings Forecast for the Year Ending March 31, 2010

(Millions of Yen, except 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

Year ending March 31, 2010

% change from previous year

310,000

0.1%

30,000

9.6%

28,500

15.3%

16,000

47.1%

119.88

Note: 1.

"Net income attributable to Konami Corporation" and "Net income attributable to Konami Corporation per share" are equivalent to "Net Income" and "Net Income per share", respectively, up to the year ended March 31, 2009.

4. Other

1.

Changes accompanying amendment of accounting standard: Yes

 2.

Other: None

Please refer to page 24 for details.

 1.

Number of shares issued: (Treasury stock included)

 Year ended March 31, 2009

143,500,000

 shares

 Year ended March 31, 2008

143,500,000

 shares

 2.

Number of Treasury Stock:

 Year ended March 31, 2009

10,038,498

 shares

 Year ended March 31, 2008

6,178,443

 shares

 3.

Average number of shares outstanding:

 Year ended March 31, 2009

137,124,130

 shares

 Year ended March 31, 2008

137,290,259

 shares

1. Results for the Year Ended March 31, 2009

(Millions of Yen, except per share data)

Operating revenues

Operating income 

Ordinary income

Net income 

Year ended March 31, 2009

% change from previous year

21,456

(15.8)%

15,755

(24.4)%

15,721

(23.2)%

9,454

(45.7)%

Year ended March 31, 2008

% change from previous year

25,478

254.1%

20,843

1,348.4%

20,475

1,502.1%

17,395

1,660.6%

Basic net income per share (yen)

Diluted net income per share (yen)

Year ended March 31, 2009

68.95

-

Year ended March 31, 2008

126.70

126.65

(Millions of Yen, except per share data)

Total assets

Total net assets

Equity ratio

Net assets

per share

March 31, 2009

180,952

146,136

80.8%

1,094.97

March 31, 2008

178,565

149,272

83.6%

1,087.03

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 Digital Entertainment business and Gaming & System 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 page 8 for information regarding the assumptions and other related items used in the preparation of these forecasts.