Konica Minolta Group 1st Quarter/March 2013 Consolidated Financial Results
Main points of 1Q financial results
1Q/March 2013 financial results
1Q/March 2013 operating income analysis - Group
Increased inventories in Business Technologies
Sales performance in production print
OPS, GMA, and M&A in 1Q
Reorganization of production bases in China in Business Technologies
Main points in Business Technologies in 1Q
Q1 effective tax rates
Forecasts: March 2013
Initiatives to achieve full-year forecasts
The following several slides provide a detailed supplemental explanation of several topics to allow for a better understanding of the earnings release for this quarter.
The first point concerns inventories in Business Technologies Business.
We explained at the beginning of this presentation that sales were in line with sales plans for the first quarter of the fiscal year ending in March 2013 and that there has been no significant change in the sales momentum. In response to these strong sales, we deliberately increased inventories of new office color MFPs at the end of the first quarter in preparation for the full-scale launch of these products during the second quarter. In order to get a strong start on the launch of these new products from the second quarter, first-quarter earnings were temporarily affected.