Konami Holdings Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Revises Consolidated Earnings Guidance for the Full Year Ending March 31, 2017
January 31, 2017 at 11:30 am
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Konami Holdings Corporation reported consolidated earnings results for the nine months ended December 31, 2016. For the period, the company reported revenue of JPY 163,941 million compared to JPY 179,251 million a year ago. Operating profit was JPY 29,587 million compared to JPY 17,423 million a year ago. Profit before income taxes was JPY 28,861 million compared to JPY 17,142 million a year ago. Profit for the period was JPY 20,674 million compared to JPY 6,275 million a year ago. Profit attributable to the owners of the company was JPY 20,651 million compared to JPY 6,262 million a year ago. Diluted earnings per share attributable to the owners of the parent were JPY 150.45 compared to JPY 45.22 a year ago. Net cash provided by operating activities was JPY 25,771 million against JPY 56,507 million a year ago. Capital expenditures was JPY 9,268 million against JPY 14,480 million a year ago.
For the year ending March 31, 2017, the company revised earnings guidance. The company expected revenue of JPY 225,000 million against previously forecasted guidance of JPY 210,000 million. Operating profit of JPY 36,000 million against previously forecasted guidance of JPY 25,000 million. Profit before income tax of JPY 35,000 million against previously forecasted guidance of JPY 24,000 million. Profit attributable to the owners of the company of JPY 24,000 million against previously forecasted guidance of JPY 15,000 million. Basic earnings per share of JPY 177.46 against previously forecasted guidance of JPY 110.91 per share.
Konami Group Corporation (formerly Konami Holdings Corporation) specializes in the development and publishing of video game software. Also, the group produces and sells fitness equipment and gaming machines. Net sales break down by family of products as follows:
- interactive video games (71.6%): primarily intended for game consoles (Sony PlayStation2, PlayStation3, Nintendo Wii, Microsoft Xbox 360, etc.) and for PCs;
- sport equipment (13.9%);
- gaming machines (8.5%);
- amusement machines and equipment (6%).
Net sales are distributed geographically as follows: Japan (76.7%), Asia and Oceania (4.3%), the United States (14.7%) and Europe (4.3%).
Konami Holdings Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Revises Consolidated Earnings Guidance for the Full Year Ending March 31, 2017