KONICA MINOLTA Konica Minolta, Inc. 3rd Quarter/March 2016 Consolidated Financial Results  


Financial results YoY transition

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This slide shows revenue and operating profit by quarter. Exports account for 80% of the total revenue, so the impact of forex is very significant. The scale of the increase in revenue fell from ¥22 billion in 1Q to ¥10.8 billion and to ¥1.5 billion in turn, on top of which there was the impact of the forex, as shown in the table. Particularly in 1Q and 2Q there was an impact from the weaker yen against the dollar, but in 3Q there was a major effect from the strength of the yen against the euro. Looking at the forex-adjusted change, this went from -¥2.9 billion year on year in 2Q to positive in 3Q showing a gain in momentum. Operating profit showed the same pattern, with forex exerting a negative impact of ¥3.8 billion in 3Q, but the adjusted change was positive by ¥0.9 billion.