KONICA MINOLTA Konica Minolta Group 1st Quarter/March 2013 Consolidated Financial Results  

Full-year forecasts

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This slide provides an explanation of the full-year forecast for the fiscal year ending in March 2013.
As stated on this slide, the Group has changed the initially assumed exchange rates to 80 yen to the US dollar and 100 yen to the euro (appreciating 5 yen) for the second quarter onwards, and the Group will maintain its initial guidance of net sales of ¥800.0 billion and operating income of ¥48.0 billion. There is also no change in the forecast annual dividend of ¥15 per share.
Although the Group recognizes that the operating environment will likely remain harsh due to factors including the strong yen and the credit crisis in Europe, given the strong start in the first quarter of the fiscal year ending in March 2013, the Group does not currently believe there have been any significant changes in market conditions.