KONICA MINOLTA Konica Minolta Group 2nd Quarter/March 2014 Consolidated Financial Results  


Changes from previous forecast

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Next, I will explain changes from the previous forecast, with a focus on operating income. The forecast for operating income in the Business Technologies Business has been revised upward by ¥5.0 billion, including the effect of exchange rates in the second half, after adding the portion that exceeded expectations in the first half, namely ¥3.0 billion. In the office field, in addition to expanding sales of color units, we aim to increase orders from major accounts by developing new products that have the same interface for monochrome and color models. In the production print field, we plan to introduce new color products in the fourth quarter with the aim of expanding sales.
In the Industrial Business, we revised the operating income forecast down by around ¥4.0 billion. In the first half, we fell short of our forecast by approximately ¥0.5 billion, so we revised the amount for the second half downward by roughly ¥3.5 billion. The main reasons for this were a careful review of plans following further loss in glass substrates for HDDs and deterioration in market conditions for TAC film coupled with a decline in profitability in the lens units for mobile phones business.