Konami Holdings Corporation Dividend Declaration (3023A)
28 May 2019 - 5:21PM
UK Regulatory
TIDMKNM
RNS Number : 3023A
Konami Holdings Corporation
28 May 2019
May 28, 2019
FOR IMMEDIATE RELEASE
KONAMI HOLDINGS CORPORATION
Takuya Kozuki, Representative
Director, President
Shares listed: Tokyo and London Stock Exchanges
Contact: Junichi Motobayashi, Corporate
Officer, General Manager, Finance
and Accounting
Tel: +81-3-5771-0222
News Release: Notice Regarding Distribution of Retained Earnings
KONAMI HOLDINGS CORPORATION (the "Company") hereby announces the
resolution passed at the meeting of its board of directors held
today regarding the distribution of retained earnings with a record
date of March 31, 2019 as below.
1. Details of year-end dividend
Year-end dividend Previous year-end Year-end dividend
dividend forecast for prior year,
(announced on actual
May 9, 2019) (year ended
March 31, 2018)
Record date March 31, 2019 March 31, 2019 March 31, 2018
--------------------- --------------------- -----------------
Dividend per share 65.50 yen 65.50 yen 38.00 yen
(Regular 40.50 yen) (Regular 40.50 yen)
(Commemorative 25.00 (Commemorative 25.00
yen) yen)
--------------------- --------------------- -----------------
Amount of dividend 8,858 million yen - 5,139 million
yen
--------------------- --------------------- -----------------
Date of payment June 12, 2019 - June 6, 2018
--------------------- --------------------- -----------------
Source of dividend Retained earnings - Retained earnings
--------------------- --------------------- -----------------
2. Reasons for the distribution of retained earnings
The Company believes that the provision of dividends and the
enhancement of corporate value are important ways to return profits
to its shareholders. The Company aims to achieve a consolidated
payout ratio of more than 30% and will endeavor to further increase
the level of dividends. The Company also intends to use retained
earnings for investments focused on business areas with good future
prospects in order to continue to reinforce Konami Group's growth
potential and competitiveness.
In light of this policy and the positive business performance,
as the dividend forecast announced on May 9, 2019, a dividend of
65.50 yen per share was approved as a year-end dividend for the
fiscal year ended March 31, 2019. As a result, including the
distributed interim dividend, dividends on an annual basis will be
126.00 yen per share.
(Reference) Details of dividends on an annual basis
Cash dividends per share (yen)
----------------------- ----------------------------------------------------
Second Year end Annual total
quarter end
----------------------- ---------------- ---------------- ----------------
Year ended March 31, 60.50 65.50 126.00
2019 (actual)
(Regular 35.50) (Regular 40.50) (Regular 76.00)
(Commemorative (Commemorative (Commemorative
25.00) 25.00) 50.00)
----------------------- ---------------- ---------------- ----------------
Year ended March 31,
2018 (actual) 30.00 38.00 68.00
----------------------- ---------------- ---------------- ----------------
End
Cautionary statement with respect to forward-looking statements
and other matters:
Statements made in this document with respect to our current
plans, estimates, strategies and beliefs, including the above
forecasts, are forward-looking statements about our future
performance. These statements are based on management's assumptions
and beliefs in light of information currently available to it and,
therefore, you should not place undue reliance on them. A number of
important factors could cause actual results to be materially
different from and worse than those discussed in forward-looking
statements. Such factors include, but are not limited to: (i)
changes in economic conditions affecting our operations; (ii)
fluctuations in currency exchange rates, particularly with respect
to the value of the Japanese yen, the U.S. dollar and the Euro;
(iii) our ability to continue to win acceptance of our products,
which are offered in highly competitive markets characterized by
the continuous introduction of new products, rapid developments in
technology and subjective and changing consumer preferences; (iv)
the timing of the release of new game titles and products,
especially game titles and products that are part of historically
popular series; (v) our ability to successfully expand
internationally with a focus on our Digital Entertainment,
Amusement, and Gaming & Systems businesses; (vi) our ability to
successfully expand the scope of our business and broaden our
customer base through our Sports business; (vii) regulatory
developments and changes and our ability to respond and adapt to
those changes; (viii) our expectations with regard to further
acquisitions and the integration of any companies we may acquire;
and (ix) the outcome of existing contingencies.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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