Konica Minolta Unveils Third Quarter Consolidated Financial Results

Reviewing the main business of the Konica Minolta Group (the “Group”) during the first three quarters of the consolidated fiscal year under review (April 1, 2014 to December 31, 2014), in the Business Technologies Business, sales volume of A3 color MFPs (Multi‐functional peripherals) in the office services field expanded over the same period of the previous fiscal year as hybrid‐type sales that combine MFPs with IT services became more pervasive, particularly in the European and U.S. markets. Sales related to services and solutions are also increasing steadily. In the commercial/industrial print field, sales volume of digital color printing systems for production print businesses expanded at a good rate, led by new products. In addition, we conducted a corporate acquisition aimed at driving growth in the MPM (Marketing Print Management) service provision domain. Strong sales continued in the industrial inkjet business, particularly inkjet printheads.

As a result, the Group recorded consolidated net sales of ¥733.8 billion, an increase of 7.5% year on year for the first three quarters. The Business Technologies Business was the primary driver behind the sales growth.

Operating income amounted to ¥45.4 billion, an increase of 16.7% year on year, due to increased profit in the Business Technologies Business and the Industrial Business as well as the effect of the weaker yen.

Net income totaled ¥21.9 billion, an increase of 103.4% year on year. Net income was up significantly due to the effect of an improvement in income before income taxes and minority interests, despite recording tax effects in the amount of ¥9.2 billion resulting from a review of management system in the previous fiscal year.
(Source: Konica Minolta)

You’re Welcome to Contact Us！
You can provide opinions and comments on this story!
Or you can send us your own story!
Please contact Doris Huang, Head of News & Editorial, via Doris.Huang@iRecyclingTimes.com