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KONICA MINOLTA, INC.

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Delayed Japan Exchange  -  05/17 02:00:00 am EDT
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Konica Minolta given highest evaluation by CDP and included on the Climate A List 2021

01/24/2022 | 11:17am EDT

London, UK -- Konica Minolta, Inc. (Konica Minolta) has been awarded a global leadership position on the Climate A List by CDP, an international not-for-profit organisation engaged in activities to realise a sustainable economy, for the sixth time.

CDP Worldwide-Japan will host an online event to commend the companies included in CDP's Climate A List 2021 on 19th January 2022, in which Shoei Yamana, President and CEO of Konica Minolta, will deliver a speech as a representative of one of the A List companies.

The Climate A List

The Climate A List is composed of companies that have been recognised as global leaders in terms of goals set and actions taken to combat climate change and disclosure of information. Of some 12,000 companies around the world that were covered by CDP's survey, 204 companies (including 56 Japanese companies) were included on the Climate A List 2021 in recognition of their efforts to reduce CO2 emissions, mitigate climate change and contribute to a low-carbon economy.

Konica Minolta's approach to climate change problems

Konica Minolta is striving to contribute to the Sustainable Development Goals (SDGs), while facilitating the evolution of the business community and human society. With the 17 SDGs the United Nations have developed a global holistic strategy to overcome the current main global challenges. On the SDG 'Climate Action' in particular, Konica Minolta Business Solutions Europe has already taken a lot of action, focusing especially on the responsible use of energy resources:

Since 2018, the European headquarters has been carbon neutral.

The European headquarters as well as its subsidiaries in the United Kingdom, Belgium, Lithuania, the Netherlands, Germany, Austria, Sweden, Norway, Spain and most locations in France are using electricity from renewable sources. With the global joining of RE100 the company is committed to sourcing 100% renewable energy by 2050.

Since the introduction of its "Enabling Carbon Neutrality" Programme in 2015, the company and its customers together have offset more than 40,000 tons of unavoidable CO2 emissions.

In 2019, Konica Minolta introduced bizhub ECO, a service which includes a pre-set eco configuration of colour multifunctional peripherals (MFPs) and a tree sponsorship in cooperation with Treedom.

In 2020, Konica Minolta introduced AIRe Link, a remote visual support tool that has saved more than 853,000 kilometres of travel to customers (3,000 on-site customers), which means that around 104 tons of CO2 emissions have not been produced.

To shift transportation from road to rail or waterborne, Konica Minolta uses barges sailing along the Rhine River in Europe as a means of transport from the port of Rotterdam in the Netherlands to its base warehouse in Emmerich, Germany.

About CDP

CDP is a global non-profit that runs the world's environmental disclosure system for companies, cities, states, and regions. Founded in 2000 and working with more than 590 investors with over $110 trillion in assets, CDP pioneered using capital markets and corporate procurement to motivate companies to disclose their environmental impacts, and to reduce greenhouse gas emissions, safeguard water resources and protect forests. Over 14,000 organizations around the world disclosed data through CDP in 2021, including more than 13,000 companies worth over 64% of global market capitalisation, and over 1,100 cities, states, and regions. Fully TCFD aligned, CDP holds the largest environmental database in the world, and CDP scores are widely used to drive investment and procurement decisions towards a zero carbon, sustainable and resilient economy. CDP is a founding member of the Science Based Targets initiative, We Mean Business Coalition, The Investor Agenda, and the Net Zero Asset Managers initiative.

Visit cdp.net or follow us @CDP to find out more.

Reference: Evaluation by External Parties

Konica Minolta is currently included in global ESG indexes and is ranked high in the ESG ratings, as shown below:

FTSE4Good Index Series (UK) - Included in the index consecutively since 2003

FTSE Blossom Japan Index (UK) - Included in the index consecutively since its establishment in 2017

MSCI Japan ESG Select Leaders Index (USA) - Included in the index consecutively since its establishment in 2017

MSCI Japan Empowering Women Index (USA) - Included in the index consecutively since its establishment in 2017

Dow Jones Sustainability Index (USA) - Asia Pacific Index (DJSI Asia Pacific): Included in the index consecutively since 2009

S&P/JPX Carbon Efficient Index (USA, Japan) - Included in the index consecutively since its establishment in 2018

S&P Global (USA) - (Four times as Gold and five times as Silver)

Corporate Knights (Canada) - Ranked among the Global 100 Most Sustainable Corporations in the World (2011, 2019, 2020 and 2021)

ISS-oekom (Germany) - Maintained the highest Prime Status since 2011

CDP (UK) - Included on the Climate A List (2013, 2014, 2016, 2017, 2020 and 2021)

About Konica Minolta Business Solutions (UK) Ltd

Konica Minolta's innovations help businesses to shape the future, today, changing the way people conduct business and use technology to work smarter, faster and better. As a leading Smart Data and Digital IT Services company, we meet the changing needs of customers with our Digital Print, IoT, Artificial Intelligence and Augmented Reality solutions.

As a provider of comprehensive IT services, Konica Minolta also delivers consultancy and services to optimise business processes with intelligent workflow automation, and implements solutions in the field of IT infrastructure and IT security as well as cloud environments.

Konica Minolta's solutions are proven to improve quality, reduce cost, eradicate risk, increase accuracy and streamline business processes. Recognising there are no two businesses the same, we pride ourselves on our customer partnerships and tailor our solutions to our customer needs, giving them the competitive edge they need to remain at the forefront of their markets.

Combining our market leading, award winning and easy to integrate technological platforms, with our strategic partnerships, business solutions and services portfolio, Konica Minolta is continually improving quality, reducing cost, eradicating risk, increasing accuracy and streamlining business processes for our customers. Our strategy has our customers at its core. With strong and mutually beneficial customer partnerships, our aim is to achieve mutual sustainable growth through technological innovation - giving shape to our customers' ideas. We bring flexible solutions that not only meet our customer expectations, but exceed them, time after time.

Part of the global Konica Minolta Group, Konica Minolta Business Solutions (UK) Ltd is headquartered in Basildon, Essex and operates out of 10 offices across the UK, employing over 750 people.

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(C) 2022 M2 COMMUNICATIONS, source M2 PressWIRE

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Financials
Sales 2022 907 B 7 013 M 7 013 M
Net income 2022 -6 358 M -49,2 M -49,2 M
Net Debt 2022 243 B 1 879 M 1 879 M
P/E ratio 2022 -26,1x
Yield 2022 6,86%
Capitalization 216 B 1 668 M 1 668 M
EV / Sales 2022 0,51x
EV / Sales 2023 0,52x
Nbr of Employees 39 121
Free-Float 92,4%
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Number of Analysts 14
Last Close Price 437,00 JPY
Average target price 492,86 JPY
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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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