Konami Group Annual Financial Report: Fiscal Year Ended March 31, 2024

Key insights

6 takeaways

01
Konami Group achieved record-high financial results for the fiscal year ending March 31, 2024, with total revenue rising 14.6% year-on-year to ¥360.3 billion.See it on page 69
02
Profit attributable to owners of the parent increased significantly to ¥59.2 billion, up from ¥34.9 billion in the previous fiscal year.See it on page 5
03
The Sports segment experienced a 415.8% surge in business profit, driven by service enhancements and the expansion of specialized fitness programs like Pilates Mirror.See it on page 72
04
The Digital Entertainment segment served as the primary revenue driver, supported by successful new title launches and the effective monetization of online functionality and virtual items.See it on page 54
05
The company maintains a strong financial position with ¥605.9 billion in total assets and a cash reserve of ¥273.7 billion.See it on page 3
06
Management declared dividends of ¥69.00 per share while acknowledging ¥3.7 billion in impairment losses within the Digital Entertainment segment.See it on page 32

Summary

Konami Group achieved record-high financial results for the fiscal year ended March 31, 2024, demonstrating robust growth across its diversified portfolio. Total revenue reached ¥360.3 billion, representing a 14.6% year-on-year increase, while profit attributable to owners of the parent rose significantly to ¥59.2 billion from ¥34.9 billion in the previous period. This performance, which received an unqualified audit opinion, reflects the company’s strong financial position, characterized by ¥605.9 billion in total assets and a healthy cash reserve of ¥273.7 billion.

The primary driver of this success was the Digital Entertainment segment, which benefited from successful new title launches and effective monetization of online functionality and virtual items. Simultaneously, the Sports segment experienced a substantial 415.8% surge in business profit, bolstered by service enhancements and the expansion of specialized fitness programs like Pilates Mirror. The group’s operations, which also include Amusement and Gaming & Systems, remain geographically centered in Japan, though the company maintains a global presence and adheres to International Financial Reporting Standards to satisfy international disclosure requirements.

Management continues to prioritize shareholder returns, declaring dividends of ¥69.00 per share, while maintaining a disciplined approach to risk management. Despite recognizing ¥3.7 billion in impairment losses within the Digital Entertainment segment, the company maintains sufficient headroom for its major assets. Looking forward, the group remains focused on navigating operational risks, including market competition, economic volatility, and cybersecurity threats, while leveraging its stable financial structure to support ongoing business activities and long-term growth.