Konica Corporation
May 15, 2003
(Continued.)
5. Business Results of the Last Three Fiscal Terms (Unconsolidated)
| Konica Corporation | |||
|---|---|---|---|
| Fiscal Year Ended | March 31, 2001 | March 31, 2002 | March 31, 2003 |
| Net Sales (millions of yen) | 345,284 | 339,003 | 357,853 |
| Operating income (millions of yen) | 17,817 | 16,327 | 24,028 |
| Recurring profit (millions of yen) | 17,175 | 18,702 | 20,746 |
| Net income (millions of yen) | 3,653 | (29,928) | 6,481 |
| Net income per share (yen) | 10.21 | (83.69) | 18.00 |
| Shareholders’ dividend per share (yen) | 10 | 10 | 10* |
| Shareholders’ equity per share (yen) | 550.61 | 456.18 | 463.77 |
| Minolta Co., Ltd. | |||
|---|---|---|---|
| Fiscal Year Ended | March 31, 2001 | March 31, 2002 | March 31, 2003 |
| Net Sales (millions of yen) | 278,955 | 272,105 | 296,329 |
| Operating income (millions of yen) | 8,352 | 3,088 | 22,253 |
| Recurring profit (millions of yen) | 8,223 | (1,531) | 17,712 |
| Net income (millions of yen) | 2,476 | (33,596) | 11,969 |
| Net income per share (yen) | 8.84 | (119.90) | 42.74 |
| Shareholders’ dividend per share (yen) | 6 | - | 3* |
| Shareholders’ equity per share (yen) | 359.00 | 265.22 | 308.60 |
- *
- Shareholders’ dividend per share for the fiscal year ended March 31, 2003 is subject to the approval of the Ordinary General Shareholders’ Meetings of Konica and Minolta, respectively.
6. The Date of Stock Swap
It is scheduled on August 5, 2003.
7. Outline of the New Company after the Stock Swap
(The new company will be formed on condition that the stock swap contract is approved at the Ordinary General Shareholders’ Meetings of Konica and Minolta.)
| Company name | Konica Minolta Holdings, Inc. |
|---|---|
| Nature of company | Holding company |
| Head office | 1-6-1, Marunouchi, Chiyoda-ku, Tokyo |
| Representatives | President & Representative Executive Officer: Fumio Iwai Vice President & Representative Executive Officer: Yoshikatu Ota |
| Capital | 37,519 million yen |
8.Upcoming Schedule
June 25, 2003 Konica's Ordinary General Meeting of Shareholders (Approval of the stock swap contract)
June 27, 2003 Minolta's Ordinary General Meeting of Shareholders (Approval of the stock swap contract)
June 28, 2003 Public notification requesting to submit Minolta's stock certificate
August 4, 2003 Deadline for submitting Minolta's stock certificate
August 5, 2003 Stock swap date, Establishment of Konica Minolta Holdings, Inc.
9. After the stock swap scheduled on August 5, 2003, the medium-term business plan will duly be announced shortly.