Notice Regarding Additional Recording of Deferred Tax Assets
Company Name: Konica Minolta, Inc.
Representative Name: Masatoshi Matsuzaki, President and CEO
Local Securities Code Number: 4902
Contact: Yuki Kobayashi, General Manager, CSR, Corporate Communications & Branding Division
Tel: (81) 3-6250-2100
Tokyo (July 30, 2013) - Konica Minolta, Inc. ("the Company") today announced that it made an additional recording of deferred tax assets in the consolidated first quarter of the fiscal year ending March 31, 2014 as follows:
1.Additional recording of deferred tax assets
The Company has reviewed its deferred tax assets based on the group management system reorganization that went into effect on April 1, 2013. As a result of the review, 9,214 million yen was additionally recorded as deferred tax assets in the consolidated first quarter of the fiscal year ending March 31, 2014. Accordingly, -9,214 million yen was recorded as income tax adjustment.
The above mentioned additional recording of deferred tax assets will not affect the Company's forecast for the fiscal year ending March 31, 2014 (announced on May 10, 2013).