KONICA MINOLTA 3rd Quarter/March 2012 Consolidated Financial Results  

Group (YoY)

Prev. Page Next Page Download the PDF
Among the negative factors, the appreciation of the yen had a ¥2.6 billion effect on income. This included the impact from the euro, against which the yen rose ¥8, which had the biggest effect on income at ¥1.3 billion. There was also a negative impact of ¥0.7 billion from the pound and other European currencies, as well as ¥0.5 billion from the US dollar.

Price changes meanwhile produced a negative impact of ¥3.6 billion. This figure was an improvement on the ¥4.8 billion in the second quarter, reflecting an improvement in price changes in both the Business Technologies Business and the Optics Business. We believe that this was because we held firm on prices in the environment of the strong yen.

SG&A increased ¥3.1 billion. This was mainly attributable to an increase in fixed costs in the Business Technologies Business, which strengthened its sales structure and made strategic acquisitions to expand its service businesses.

The flooding in Thailand, a special factor in the third quarter of the current fiscal year, had a negative impact on income of ¥1.5 billion. This was mainly because the Business Technologies Business recorded higher costs, as it had to use substitute components after interruptions to shipments of key components from suppliers affected by the flooding. The Optics Business also suffered from sluggish orders, as flooding damaged the operations of its customers and other suppliers.

"Sales volume change, and other" was a positive factor worth ¥12.1 billion. While this reflected higher sales volumes, changes in the makeup of product mix, and other factors, the Business Technologies Business contributed most effectively to the results with ¥10.7 billion, thanks to growth in sales of profitable products. The Optics Business meanwhile contributed ¥1.6 billion, reflecting strong sales in the TAC business.