Konica Minolta, Inc. Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2022
November 02, 2021 at 02:00 am EDT
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Konica Minolta, Inc. revised consolidated earnings guidance for the fiscal year ending March 31, 2022. For the year, the company revised revenue to be JPY 890,000 million against previously forecasted JPY 940,000, Operating profit to be JPY 12,000 million against previously forecasted JPY 36,000, profit attributable to owners of the company to be JPY 1500 million against previously forecasted JPY 19,000 and basic earnings per share to be JPY 3.04 against previously forecasted JPY 38.50 per share.
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%).