KONICA MINOLTA Konica Minolta, Inc. March 2015 Consolidated Financial Results  


Overview

Prev. Page Next Page Download the PDF
Operating income of the Business Technologies Business overall was ¥71.8 billion. This slide provides a breakdown of year-on-year changes in operating income.
The negative impact of price changes fell within the scope of the positive effect of forex. Focus in the Business Technologies Business has been on gross profit amid a shift toward medium- to high-speed devices, which in other words has basically entailed sticking to a more profit-oriented approach.
Operating income benefited from an increase in sales volume and ¥5.2 billion in manufacturing cost cuts due to productivity gains and favorable procurement results. This was partially offset by SG&A expenses, which increased by ¥23.4 billion.
The ¥23.4 billion increase in SG&A expenses includes ¥6.6 billion in upfront expenses incurred in covering higher R&D costs heading toward 2016 and 2017, along with investment and other outlays for new business and global business incubation in 2017 and beyond. This slide also shows the effect on operating income of newly consolidated entities resulting from mergers and acquisitions.
In the office services field, one initiative of the TRANSFORM 2016 business plan involves bringing in new human resources and reshuffling the workforce. This investment in human capital is poised to bring about gradual positive results in fiscal 2016 and 2017. During the initial year of the Medium Term Business Plan, expenses have increased as planned.