We sincerely hope that this message finds our shareholders prospering and in good health.
The unclear future of the economic recession that has persisted since the beginning of last year has resulted in limited consumer spending and a growing trend toward consumers seeking out lower prices.
Although Konami continues to face tough business conditions, we are working to improve our financial position and enhance our profitability. Through these efforts, we hope to develop a stronger operating foundation over the medium term.
At Konami, we have always been aware of the need to ensure that Group management reflects the changing times and evolving operating conditions. We will continue to promote the holding company system in order to establish a system through which all Group companies can work independently to maximize corporate value.
The business areas of “entertainment” and “health” in which we operate cater to the needs of a variety of people. Moreover, those business areas have considerable social significance and promise a wide range of new business possibilities. Accordingly, Konami will continue to analyze the needs of customers in the business areas of “entertainment” and “health.” By developing and providing the products and services that customers need and advancing sound business practices, the Group will strive to achieve further growth.
By creating and providing “Valuable Time,” we aim to continue being a business group that people hold in high regard. On behalf of the Konami Group, I ask our shareholders for their continued support and encouragement.
June 2010
Kagemasa Kozuki