KONICA MINOLTA Konica Minolta Inc. Medium Term Business Plan  


1-3. Management Objectives -by Segment

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Our outlook by segment will disclose net sales for each sub-segment as explained in the management policy briefing. The sub-segments of the Business Technologies Business are Office Services and Commercial/Industrial Print. The latter already included the Production Print field, and now we have added the Industrial Inkjet Business to it. We forecast that net sales in Commercial/Industrial Print will reach ¥200 billion in fiscal year 2014. This is a strong rate of growth over the previous year. In the Industrial Business, we disclose net sales in two new sub-segments: "Performance Materials," which include TAC film and new businesses; and "Industrial Optical Systems," which include sensing devices and optical components. Fiscal year 2014 net sales are expected to be down for Performance Materials year on year. On the other hand, net sales will be up for Industrial Optical Systems year on year.
Operating income in fiscal year 2014 will be ¥62 billion, as shown here. We are assuming an exchange rate of ¥100 per US dollar and ¥135 per euro. Lately, however, the latter exchange rate has actually been about ¥140 per euro. If we were to use that rate, we estimate Business Technologies Business operating income would be near ¥76 billion, not the ¥72 billion shown here. We found this by adding in foreign exchange sensitivity. Our fiscal year 2016 targets aim for increased sales and profits in our Business Technologies Business, Industrial Business, and Healthcare Business.