Today’s Summary
KONICA MINOLTA
- Company overall YoY: Revenue increased and profit decreased in Q2, revenue and profit increased in H1
- Business contribution profit: ¥6.4 billion in Q2, returned to profitability in H1 totaling ¥2.3 billion (operating profit: ¥5.2 billion in Q2, returned to profitability in H1 totaling ¥0.8 billion)
- Increase: office, precision medicine
- Decrease: production print, sensing
- Versus plan: Overall, results slightly exceeded the company’s expectations
FY2023 Q2 Result - Business selection and concentration:
- Non-focused business: Conclusion of Strategic Alliance Agreement for optical components unit
- Direction changing business: Ongoing review based on evaluation criteria and considering execution
status of FY2023 budget - Reinforcement of financial foundation
- Operating CF returned to profitability (+¥31.8 billion) due to reduction of working capital
see attached file