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KONICA MINOLTA, INC.

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Delayed Japan Exchange  -  05/25 10:05:30 pm EDT
423.00 JPY   +0.48%
09:34aKonica Minolta Announces New Inline Saddle-stitch Booklet Maker
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05:23aMachine learning speeds up search for new sustainable materials
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05/24Konica Minolta Healthcare Supports Point-of-Care MSK Ultrasound Education at Physiatry ‘22
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Konica Minolta : Listed among Global 100 Most Sustainable Corporations in the World for the Fifth Time and the Fourth Consecutive Year

01/19/2022 | 09:06pm EDT

Tokyo (January 20, 2022) - Konica Minolta, Inc. (Konica Minolta) has been listed among the "2022 Global 100 Most Sustainable Corporations in the World" (2022 Global 100). Konica Minolta's inclusion on this prestigious list will mark the fifth time and the fourth year in a row, following 2011, 2019, 2020 and 2021.

The Global 100 is announced annually by the Canada-based Corporate Knights at the meeting of the World Economic Forum (WEF), known as Davos Meeting. This year, however, as the Davos Conference was postponed to summer due to the COVID-19 pandemic, the outcome of Global 100 was announced ahead.

The 2022 Global 100 corporations that excel in sustainability were selected based on a rigorous assessment of 6,914 companies with more than US$1 billion in revenues around the globe based on an evaluation of environmental, social and governance indicators as well as the ability to promote diversity and innovation and the percentage of sales of eco-friendly products. Three Japanese companies are on this global list of corporations that excel in sustainability.

Konica Minolta is advancing a digital transformation (DX) based on FORXAI, its own imaging-IoT platform, and by providing solutions that satisfy the customers' hopes and desires to "see", each business seeks to achieve the material issues as it works to help solve future social issues.

For example, the company's gas monitoring solution makes gas leaks visible at plants using non-contact, remote-monitoring technology, thereby preventing accidents and helping to ensure the safety and security in the society. Furthermore, Konica Minolta offers the SenrigaN nondestructive inspection solution as a simple judgment method for detecting ruptures of steel materials inside concrete structures such as PC bridges. In yet another field, Konica Minolta provides online diagnosis services for medical institutions for supporting healthy, high-quality living.

The company has also been addressing the urgent crisis of global climate change. By not only reducing its own environmental impact, but also by providing the suppliers and customers with the environmental technologies and know-how it has acquired, Konica Minolta is advancing its Carbon Minus initiative to achieve carbon emission reduction in excess of its own emissions by 2030. In 2020 Konica Minolta launched the Environmental Digital Platform as an ecosystem to reduce environmental impact with 16 companies. Now the number of participating corporations has grown to 58 across industry sectors. Konica Minolta aims to raise efficiency by bringing together the wisdom of companies in different industries and using this information, while accelerating the resolution of environmental issues through an affiliation between companies, promoting co-creation and the development of innovations, and helping to resolve environmental issues on a global scale.

Konica Minolta is integrating the strengths developed in its businesses over the decades with the latest digital technologies to provide high value-added products and services, thereby helping to achieve the SDGs.

Disclaimer

Konica Minolta Inc. published this content on 20 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 January 2022 02:05:03 UTC.


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Financials
Sales 2022 907 B 7 129 M 7 129 M
Net income 2022 -6 358 M -50,0 M -50,0 M
Net Debt 2022 243 B 1 911 M 1 911 M
P/E ratio 2022 -25,1x
Yield 2022 7,13%
Capitalization 208 B 1 633 M 1 633 M
EV / Sales 2022 0,50x
EV / Sales 2023 0,51x
Nbr of Employees 39 121
Free-Float 92,4%
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Number of Analysts 14
Last Close Price 421,00 JPY
Average target price 486,43 JPY
Spread / Average Target 15,5%
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Managers and Directors
Toshimitsu Taiko President, Chief Executive Officer & Director
Masatoshi Matsuzaki Manager-Systems Development Center I
Shoei Yamana Executive Chairman
Tetsuya Matsueda Manager-Legal Affairs
Takaji Ito Manager-Corporate Administration
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