Minolta Co., Ltd.
April 25, 2003
Resumption of the Year-end Dividends for Fiscal 2002
Osaka, Japan, April 25, 2003 - As of April 25, 2003, the Board of Directors has decided to resume the year-end dividends for fiscal 2002 ended March 31, 2003 as listed below.
Reason for resumption of dividends
Our group-wide structural reform program implemented throughout the past two years has resulted in successful business performance beyond our expectations.
After forgoing the dividends for the full period for fiscal 2001 ended March 31, 2002 and the interim for fiscal 2002, the Board of Directors today has decided to resume the year-end dividends by 3.0 yen per share to provide profits to our shareholders. This will be discussed in the general meeting of shareholders to be convened in late June 2003.
Expected dividends for fiscal 2002 ended March 31, 2003
(Announced on Nov. 8, 2002)
Revision Cash dividends for fiscal 2001 Interim cash dividends per share 0.0 0.0 0.0 Year-end cash dividends per share To be determined 3.0 0.0 Annual cash dividends per share To be determined 3.0 0.0
Notice to U.S. Investors
This press release includes forward-looking statements that reflect the plans and expectations of Minolta Co., Ltd. To the extent that statements in this press release do not relate to historical or current facts, they constitute forward-looking statements. The forward-looking statements are based on the current assumptions and beliefs of Konica Corporation and Minolta Co., Ltd. in light of the information available to them, and involve known and unknown risks and uncertainties. Potential risks and uncertainties include, but are not limited to, the ability of Konica Corporation and Minolta Co., Ltd. to integrate their operations effectively, as well as the factors identified under "Forward-Looking Statements" of the Annual Report 2002 of Konica Corporation and "Disclaimer Regarding Forward-Looking Statements" of the Annual Report 2002 of Minolta Co., Ltd. Such risks, uncertainties and other factors may cause the actual results, performance or financial position of Minolta Co., Ltd. and the new corporate group (referred to in the press release issued by Konica Corporation and Minolta Co., Ltd. on January 7, 2003, and any subsequent press releases by either or both of them relating to the proposed share exchange and integration of management described therein) to differ materially from those expressed or implied in the forward-looking statements. Minolta Co., Ltd. undertakes no obligation to update publicly any forward-looking statements after the date of this press release.