KONICA MINOLTA Konica Minolta, Inc. 3rd Quarter/FY2016 ending in March 2017 Consolidated Financial Results  


3Q Office Services Performance

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Revenue of the office services field fell 8% to 138.5 billion yen. Operating profit fell 27% to 9.0 billion yen. This is a recurrent theme, but excluding FOREX effects, revenue and profit rose 2% and 7% respectively.
If you look at the year-on-year growth rates for non-hardware revenue on p.40, it can be seen that the recovery trend continued in the third quarter. The shift to high-end color models is bearing fruit and has made a substantial contribution to sales of hardware and to the improvement in non-hardware.