Konami Group (9766) Q1 2025 earnings summary

Executive summary

• Revenue rose 24.0% year-over-year to ¥90.0 billion for the quarter ended June 2024, with profit for the period up 43.3% to ¥19.2 billion.

• Achieved record-high revenue and profits for any quarter, driven by strong Digital Entertainment performance.

• Business profit increased 46.6% year-over-year to ¥25.1 billion, with all profit metrics showing double-digit growth.

• Digital Entertainment led growth, supported by successful game launches and ongoing sales of key titles.

Financial highlights

• Revenue: ¥90.0 billion (+24.0% YoY); business profit: ¥25.1 billion (+46.6% YoY); net income: ¥19.2 billion (+43.3% YoY).

• Operating profit margin improved to 27.9% from 23.6% year-over-year.

• Earnings per share increased to ¥141.35 from ¥98.67 year-over-year.

• Total assets grew to ¥612.6 billion as of June 30, 2024.

• Cash and cash equivalents at quarter-end: ¥273.9 billion, up ¥55.7 billion YoY.

Outlook and guidance

• FY2025 full-year revenue guidance set at ¥380.0 billion, with business profit guidance at ¥92.5 billion.

• Digital Entertainment segment expected to contribute ¥258.0 billion in revenue for FY2025.

• No changes to dividend or earnings forecasts; annual dividend forecast at ¥132.00 per share.

• Plans to launch major game titles and expand eSports and sports club initiatives.