Last checked at 10 May 2018 10:28
May 10, 2018 | ||
FOR IMMEDIATE RELEASE | ||
KONAMI HOLDINGS CORPORATION | ||
Takuya Kozuki, Representative Director, President | ||
Shares listed: | Tokyo and London Stock Exchanges | |
Contact: | Junichi Motobayashi, Corporate Officer, General Manager, Finance and Accounting | |
Tel: | +81-3-5771-0222 | |
Notice on Commemorative Dividend for 50th Anniversary of Founding |
KONAMI HOLDINGS CORPORATION (the "Company") will mark the 50th anniversary of its founding on March 21, 2019.
Therefore, the Company hereby announces the resolution passed at the meeting of its board of directors held on May 10, 2018 regarding awarding commemorative dividends for the fiscal year ending March 31, 2019 to celebrate the 50th anniversary of its founding.
1. Reasons for commemorative dividends
As a pioneer in the Japanese entertainment industry, the Company fully appreciates that this success is due in great part to support and cooperation from its shareholders and stakeholders over the years.
The Company was approved to list the shares on October 1, 1984, as a leader of Japanese entertainment companies. This led to opportunities to raise funds and has become the foundation of the Company as it stands now. We would also like to express our deepest gratitude to all market participants who have supported us until the present.
In order to show the Company's appreciation to all shareholders, it decided to award commemorative dividends of 50 yen per share on an annual basis (a second-quarter-end dividend of 25 yen and a year-end dividend of 25 yen) for the 50th anniversary of its founding in addition to regular dividends announced today, on May 10, 2018, for the year ending March 31, 2019.
We will continuously strive to achieve further growth and enhance returns to shareholders.
2. Dividends forecast for the year ending March 31, 2019
Cash dividends per share (yen) | ||||||
Record date | Second quarter end (September 30, 2018) | Year end (March 31, 2019) | Annual total | |||
Year ending March 31, 2019 (Forecast) | Regular | 35.50 | Regular | 35.50 | Regular | 71.00 |
Commemorative | 25.00 | Commemorative | 25.00 | Commemorative | 50.00 | |
Total | 60.50 | Total | 60.50 | Total | 121.00 | |
(Reference) Year ended March 31, 2018 | 30.00 | (declared) 38.00 | (declared) 68.00 | |||
End
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, Gaming & Systems, and Amusement businesses; (vi) our ability to successfully expand the scope of our business and broaden our customer base through our Health & Fitness 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.