Consolidated Results for the Year ended March 31, 2010
(Prepared in Accordance with U.S. GAAP)
May 13, 2010
KONAMI CORPORATION
We hereby announce that our consolidated net revenues and operating income for the year ended March 31, 2010 were ¥262,144 million (84.6% of the same period in the previous year) and ¥18,664 million (68.2% of the same period of the previous year), respectively.
Income before income taxes and net income attributable to Konami Corporation were ¥17,122 million (69.3% of the same period in the previous year) and ¥13,314 million (122.4% of the same period of the previous year), respectively.
In the Gaming & System segment, we achieved record net revenues and operating income. Sales of new–generation cabinet Podium, equipped with K2V series, recorded solid sales in the North American and Australian markets. The business has grown to become an important pillar among our business operations. In the Digital Entertainment segment, we rolled out sports video game titles and FORTUNE TRINITY for arcades. LOVEPLUS, our new dating simulation title, as well as card game products showed brisk sales.
In the Health & Fitness segment, we opened new fitness clubs under direct management and expanded our portfolio of fitness clubs outsourced to KONAMI. We also enhanced services and products based on regional characteristics and customer needs
1. Consolidated Results of Operation
| Net Revenues | Operating Income | Income Before Income Taxes | Net income attributable to Konami Corporation | |
|---|---|---|---|---|
| Year ended March 31, 2010 |
262,144 | 18,664 | 17,122 | 13,314 |
| Year ended March 31, 2009 |
309,771 | 27,361 | 24,719 | 10,874 |
| Year ended March 31, 2008 |
297,402 | 33,839 | 32,834 | 18,345 |
2.Segment Information - Net Revenues
| Year ended March 31, 2009 |
Year ended March 31, 2010 |
% of previous year | |
|---|---|---|---|
| Digital Entertainment | 187,628 | 142,650 | 76.0 |
| Gaming & System | 18,336 | 19,996 | 109.1 |
| Health & Fitness | 89,965 | 85,765 | 95.3 |
| Other, Corporate and Eliminations | 13,842 | 13,733 | 99.2 |
| Consolidated | 309,771 | 262,144 | 84.6 |
3.Segment Information - Operating Income
| Year ended March 31, 2009 |
Year ended March 31, 2010 |
% of previous year | |
|---|---|---|---|
| Digital Entertainment | 41,552 | 21,483 | 51.7 |
| Gaming & System | 3,447 | 4,673 | 135.6 |
| Health & Fitness | -8,270 | -1,922 | - |
| Other, Corporate and Eliminations | -9,368 | -5,570 | - |
| Consolidated | 27,361 | 18,664 | 68.2 |
4.Overview of the year ended March 31, 2010
Digital Entertainment Segment
| (1) | Released a wide variety of video games including popular sports / TV-animated series, new IP LOVEPLUS and movie-licensed titles for overseas market |
| (2) | Brisk sales of standard arcade games including MAH-JONG FIGHT CLUB GARYOTENSEI and token-operated machine FORTUNE TRINITY |
| (3) | Solid sales of card games |
| (4) | Distribution of content for smart phones including iPhone |
Gaming & System Segment
| (1) | Solid sales of video slot machine Podium and stepper Advantage 5 |
| (2) | Growth in sales of Konami Casino Management System and participation agreements |
| (3) | Showcased our brand new innovative slot machine Advantage Revolution at the Global Gaming Expo |
| (4) | Expanded distribution network in Latin American market |
Health & Fitness Segment
| (1) | Directly operated clubs: 211 (y/y -17), Contract-based clubs: 116 (y/y -1), Total: 327 (y/y -18) |
| (2) | Opened six new clubs including relocations and rebuilds. |
| (3) | Closed and consolidated 21 clubs as a part of structural reform |
| (4) | Enhanced services and products based on regional characteristics and customer needs |
