Konica Minolta, Inc. 1st Quarter/March 2015 Consolidated Financial Results
Main points of 1Q/Mar 2015 financial results
Acquisition of Own Shares and Cancellation of Treasury Shares
1Q/Mar 2015 financial results highlight
Business Technologies Business
Sales results of Non-hard
Industrial Optical Systems - sales performance
Performance materials - sales performance
Ergo acquisition & Production print new product
Strategic progress for realizing "Transform" - MPM concept & PP new products -
Full-year forecast of FY 2014
The performance materials business consists of the TAC film domain. This domain has changed drastically compared with initial expectations.
First, products for LCD TVs grew more than we had expected. Large TVs over the 40-inch size performed better than expected and we also succeeded in cultivating new customers, which resulted in a year-on-year increase in sales of VA-TAC films for increasing viewing angle. Thin-film products for smartphones and tablets were solid as well. Moreover, in notebook PCs, the market was more favorable than we had anticipated and the first quarter was characterized by a number of excellent conditions. As a result, sales volumes increased substantially, which led to the performance we posted in the first quarter.
Aside from notebook PCs, we are forecasting favorable conditions to continue from the second quarter onward.