Office and production print revenue and profit increased, while revenue and profit decreased in sensing. Losses narrowed on acompany-wide basis due to revenue and profit growth.
Versus plan:
Overall, results slightly exceeded the company's expectations.
Medium-Term Business Plan Progress
Business selection and concentration
Non-focusedbusiness: In addition to IPO preparations, began considering specific measures to utilize third-party capital
Direction-changingbusiness: Assessed profitability of and formulated policies for each business
Reinforcement of financial foundation
Operating CF returned to profitability (+¥17.9 billion YoY) due to reduction of working capital
FORXAI's revenue, business contribution profit, and operating profit are included in Industry Business in FY2022 and in Corporate, etc. in FY2023. These figures in
FY22 are included in Corporate, etc. in this material.
*2
Adjustment for head-office expenses: Some part of expenses regarding the whole corporate had been transferred to each business segment until FY2022 and has
not been transferred in FY2023. The figures in the table are the ones after adjusting the cost allocation of FY2022 results to the FY2023 base as a reference. They
include the common expenses in Digital Workplace Business and Professional Print Business.
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Konica Minolta Inc. published this content on 01 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 August 2023 07:21:26 UTC.
Konica Minolta, Inc. specializes in the design, manufacturing and marketing of printing, photography, medical imaging and measuring equipments. Net sales break down by family of products as follows:
- office equipments (51.1%);
- professional printing equipment (21.4%): laser printer, consumables, multifunctional peripherals, etc.;
- electronic and optical equipments (15.3%): plastic and molded glass lenses, display components, screen, memory units, etc.;
- medical equipments (12.1%): primarily imagery and graphic equipments and measuring equipments;
- other (0.2%).
Net sales break down geographically as follows: Japan (19.5%), China (10.5%), Asia (9.4%), Europe (28.6%), the United States (25.3%) and other (6.7%).