Konica Minolta, Inc. Reports Consolidated Financial Results for the First Quarter Ended June 30, 2021
July 29, 2021 at 02:00 am EDT
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Konica Minolta, Inc. reported consolidated financial results for the first quarter ended June 30, 2021. For the quarter, the company reported revenue of JPY 229,860 million against JPY 173,167 million a year ago. Operating profit was JPY 3,103 million against loss of JPY 22,639 million a year ago. Profit for the year was JPY 871 million against profit of JPY 17,446 million a year ago. Basic and diluted earnings per share was JPY 1.98 against loss of JPY 34.96 a year ago.
Konica Minolta, Inc. specializes in the design, manufacturing and marketing of printing, photography, medical imaging and measuring equipments. Net sales break down by family of products as follows:
- office equipments (51.1%);
- professional printing equipment (21.4%): laser printer, consumables, multifunctional peripherals, etc.;
- electronic and optical equipments (15.3%): plastic and molded glass lenses, display components, screen, memory units, etc.;
- medical equipments (12.1%): primarily imagery and graphic equipments and measuring equipments;
- other (0.2%).
Net sales break down geographically as follows: Japan (19.5%), China (10.5%), Asia (9.4%), Europe (28.6%), the United States (25.3%) and other (6.7%).