KONICA MINOLTA 3rd Quarter/FY2019 ending in March 2020 Consolidated Financial Results  


Office & Production Print

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In the office products business, the sales units rose 2% in 3Q. Seg4/5's sales units was minus 1%. However, we have launched new Seg.4 model in Jan. We will strive to improve our sales mix, particularly in North America, Seg.4's mainstay market, and expand sales of all color models.
Non-hard was negative 0.7% in line with our expectations, but the outlook remains unchanged for the second consecutive quarter of negative 1%. We will minimize the impact on profits through various measures.
Sales units of color production print equipment grew 2%, of which MPP sales units down 3%; however, the extent of the decline was improved in the second consecutive quarter. We will maintain this momentum. Non-hard is driven by China and India and improved in Europe after inventory adjustments by indirect sales channels. In North America, inventory adjustments by indirect sales channels continue. There is no change in the forecast that the rate will remain at around positive 1% in the future.