Last checked at 9 May 2019 09:55
Consolidated Financial Results | |||
for the Year Ended March 31, 2019 | |||
(Prepared in Accordance with IFRS) | |||
May 9, 2019 | |||
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KONAMI HOLDINGS CORPORATION | |||
Address: | 7-2, Akasaka 9-chome, Minato-ku, Tokyo, Japan | ||
Stock code number, TSE: | 9766 | ||
Ticker symbol, LSE: | KNM | ||
URL: | https://www.konami.com/ | ||
Shares listed: | Tokyo Stock Exchange and London Stock Exchange | ||
Representative: | Takuya Kozuki, Representative Director, President | ||
Contact: | Junichi Motobayashi, Corporate Officer, General Manager, Finance and Accounting (Phone: +81-3-5771-0222) | ||
Date of General Shareholders Meeting: |
June 26, 2019 | Beginning date of dividend payment: |
June 12, 2019 |
(Amounts are rounded to the nearest million, except percentages and per share amounts) |
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1. Consolidated Financial Results for the Year Ended March 31, 2019 |
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(1) Consolidated Results of Operations (Millions of Yen, except percentages and per share amounts) |
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| Revenue | Operating profit | Profit before income taxes | Profit for the year | Profit attributable to owners of the parent | Total comprehensive income for the year | |
Year ended March 31, 2019 % change from previous year | 262,549 9.6% | 50,522 11.8% | 50,310 12.5% | 34,217 12.2% | 34,196 12.1% | 35,189 21.5% | |
Year ended March 31, 2018 % change from previous year | 239,497 4.2% | 45,181 24.3% | 44,709 25.9% | 30,506 17.4% | 30,507 17.6% | 28,959 12.6% | |
| Basic earnings per share (attributable to owners of the parent) (yen) | Diluted earnings per share (attributable to owners of the parent) (yen) | Return on profit attributable to owners of the parent | Ratio of profit before income taxes to total assets | Ratio of operating profit to revenue | |||||
Year ended March 31, 2019 | 252.86 | 249.02 | 12.9% | 13.6% | 19.2% | |||||
Year ended March 31, 2018 | 225.59 | 222.21 | 12.5% | 12.8% | 18.9% | |||||
Reference: |
| Profit from investments accounted for using the equity method | ||||||||
| Year ended March 31, 2019: |
| 279 million yen |
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| Year ended March 31, 2018: |
| 292 million yen |
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(2) Consolidated Financial Position (Millions of Yen, except percentages and per share amounts) | |||||
| Total assets | Total equity | Total equity attributable to owners of the parent | Ratio of equity attributable to owners of the parent | Equity attributable to owners of the parent per share (yen) |
March 31, 2019 | 378,037 | 276,404 | 275,627 | 72.9% | 2,038.16 |
March 31, 2018 | 363,108 | 254,539 | 253,782 | 69.9% | 1,876.62 |
(3) Consolidated Cash Flows | (Millions of Yen) |
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| Net cash provided by (used in) | Cash and cash equivalents at the end of year |
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| Operating activities | Investing activities | Financing activities |
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Year ended March 31, 2019 | 49,131 | (22,527) | (22,416) | 159,242 |
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Year ended March 31, 2018 | 53,980 | (18,484) | (14,798) | 154,485 |
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2. Cash Dividends |
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Record Date | Cash dividends per share (yen) | Total cash dividends (annual) | Payout ratio (consolidated) | Cash dividend rate for equity attributable to owners of the parent (consolidated) | ||||||||||||||
First quarter end | Second quarter end | Third quarter end | Year end | Annual | ||||||||||||||
Year ended March 31, 2018 | - | 30.00 | - | 38.00 | 68.00 | Y9,196 million | 30.1% | 3.8% | ||||||||||
Year ended March 31, 2019 |
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Regular dividends | - | 35.50 | - | 40.50 | 76.00 | Y10,278 million | 30.0% | 3.9% | ||||||||||
Commemorative dividends | - | 25.00 | - | 25.00 | 50.00 | Y6,761 million | 19.8% | 2.5% | ||||||||||
Total | - | 60.50 | - | 65.50 | 126.00 | Y17,039 million | 49.8% | 6.4% | ||||||||||
Year ending March 31, 2020 (Forecast) | - | 38.00 | - | 38.00 | 76.00 | ******* | 34.3% | ******* | ||||||||||
Note) | KONAMI HOLDINGS CORPORATION celebrated the 50th anniversary of its founding on March 21, 2019, we intend to award commemorative dividends in addition to regular dividends for the year ended March 31, 2019. Furthermore, the payment of dividends for the next fiscal year ending March 31, 2020 will maintain the same level of regular dividends for the year ended March 31, 2019 which was based on the record profits achieved. | |||||||||||||||||
3. Consolidated Earnings Forecast for the Year Ending March 31, 2020 |
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(Millions of Yen, except percentages and per share amounts) |
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| Revenue | Operating profit | Profit before income taxes | Profit attributable to owners of the parent | Basic earnings per share (attributable to owners of the parent) (yen) |
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Year ending March 31, 2020 % change from previous year | 270,000 2.8% | 47,000 (7.0)% | 46,000 (8.6)% | 30,000 (12.3)% | 221.84 |
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Note) | Although we expect profit growth from our operating business for the next fiscal year ending March 31,2020, we expect to incur temporary expenses of approximately five billion yen related to the relocation to our owned building, "Konami Creative Center Ginza." The temporary expenses include rent expenses for the period after leaving the current rental building, until the fiscal year ending March 31, 2021. Please refer to "1. Business Performance (1) Overview of Business Performance (iii) Outlook for the Fiscal Year Ending March 31,2020" for further details. | ||||||
Noted Items
(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 policies and accounting estimate
1. Changes in accounting policies required by IFRS: Yes
2. Other changes: No
3. Changes in accounting estimate: No
(3) Number of shares issued (Share capital)
1. | Number of shares issued: (Treasury shares included) | |||
| As of March 31, 2019 | 143,500,000 | shares |
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| As of March 31, 2018 | 143,500,000 | shares |
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2. | Number of treasury shares: | |||
| As of March 31, 2019 | 8,266,959 | shares |
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| As of March 31, 2018 | 8,266,259 | shares |
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3. | Average number of shares outstanding: | |||
| Year ended March 31, 2019 | 135,233,307 | shares |
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| Year ended March 31, 2018 | 135,234,933 | shares |
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(Reference) Summary of Non-consolidated Financial Results
Results for the Year Ended March 31, 2019
(1) Non-consolidated Results of Operation (Millions of Yen, except percentages and per share amounts) | ||||
| Operating revenues | Operating income | Ordinary income | Net income |
Year ended March 31, 2019 % change from previous year | 24,870 51.3% | 21,860 62.3% | 21,989 61.8% | 21,860 59.4% |
Year ended March 31, 2018 % change from previous year | 16,443 (3.3)% | 13,469 (8.4)% | 13,590 (8.3)% | 13,710 38.2% |
| Basic net income per share (yen) | Diluted net income per share (yen) |
Year ended March 31, 2019 | 161.65 | 158.99 |
Year ended March 31, 2018 | 101.38 | 99.71 |
(2) Non-consolidated Financial Position (Millions of Yen, except percentages) | |||||||||||
| Total assets | Total net assets | Equity ratio | Net assets per share (yen) | |||||||
March 31, 2019 | 243,568 | 223,972 | 92.0% | 1,656.20 | |||||||
March 31, 2018 | 241,444 | 215,475 | 89.2% | 1,593.36 | |||||||
| Reference: |
| Total Stockholders' equity |
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| Year ended March 31, 2019: |
| 223,972 million yen |
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| Year ended March 31, 2018: |
| 215,475 million yen |
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Earnings release (Kessan Tanshin) regarding these consolidated financial results is not subject to auditing procedures.
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) the timing of the release of new game titles and products, especially game titles and products that are part of historically popular series; (v) our ability to successfully expand internationally with a focus on our Digital Entertainment, Amusement, and Gaming & Systems businesses; (vi) our ability to successfully expand the scope of our business and broaden our customer base through our Sports business; (vii) regulatory developments and changes and our ability to respond and adapt to those changes; (viii) our expectations with regard to further acquisitions and the integration of any companies we may acquire; and (ix) the outcome of existing contingencies.
Please refer to page 9, 10, 11, and 12 for further information regarding our business forecasts.
KONAMI HOLDINGS CORPORATION (the "Company") disclosed the supplemental data for the consolidated financial statements via the Company's website on May 9, 2019.
As for the full text of the earnings release, please refer to the attached PDF File as below,
http://www.rns-pdf.londonstockexchange.com/rns/5065Y_1-2019-5-9.pdf