Investor Relations

PRODUCTIVITY

(Millions of yen)

	2004	2005	2006	2007	2008
Net Sales per Employee*1	32.37	31.35	32.84	33.21	34.61
Operating Income per Employee*2	2.11	2.02	2.56	3.36	3.86
Ordinary Income per Employee*3	1.51	1.57	2.36	3.17	3.37
Net Income per Employee*4	0.56	0.22	-1.67	2.34	2.22
Number of Employee at Year-End (Persons)	34,710	33,388	31,685	30,207	31,717

*1.

Net Sales per Employee = Net Sales / Average Number of Employees

*2.

Operating Income per Employee = Operating Income / Average Number of Employees

*3.

Ordinary Income per Employee = Ordinary Income / Average Number of Employees

*4.

Net Income per Employee = Net Income / Average Number of Employees
Figures for items 1-3 for the fiscal year ended March 31, 2004 have been calculated based on the number of employees as of March 31, 2004.

NOTES:
Konica Minolta Holdings, Inc. was formed in August 2003 following management integration and an exchange of shares between the former Konica Corporation and the former Minolta Co., Ltd. For accounting purposes, management integration
took effect as of September 30, 2003. Accordingly, both companies have prepared separate financial statements for the first
half of the fiscal year ended March 31, 2004. Financial data for the full fiscal year ended March 31, 2004 have been prepared as a matter of convenience on the following basis.
*The Statement of income has been prepared inclusive of the former Minolta Co., Ltd.’s first half results.

Stock Quote

Latest Presentation Material

Social Responsibility