Dividend Payments and Acquisition of Own Shares

KONICA MINOLTA, INC

Dividend policy

The policy regarding the payment of dividends from retained earnings, etc. calls for the basic approach of making a comprehensive evaluation of consolidated performance and funding requirements to promote strategic investments in growth fields while seeking to implement proactive shareholder returns. The Company strives to enhance shareholder returns through higher dividends as well as a flexible acquisition of the Company’s own shares.

(yen)

	Year ended	Interim	Term end	Year ended	Payout ratio (Year ended) (%)
Term 114 (Plan)	March 2018	(15.0)	(15.0)	(30.0)	（49.6%)
Term 113	March 2017	15.0	15.0	30.0	47.1
Term 112	March 2016	15.0	15.0	30.0	46.6
Term 111	March 2015	10.0	10.0	20.0	30.9
Term 110	March 2014	10.0	7.5	17.5	42.3
Term 109	March 2013	7.5	7.5	15.0	52.6
Term 108	March 2012	7.5	7.5	15.0	38.9
Term 107	March 2011	7.5	7.5	15.0	30.7
Term 106	March 2010	7.5	7.5	15.0	47.0
Term 105	March 2009	10.0	10.0	20.0	69.9
Term 104	March 2008	7.5	7.5	15.0	11.6
Term 103	March 2007	0.0	10.0	10.0	7.3
Term 102	March 2006	0.0	0.0	0.0	-

※ After Term 111, Payout ratio calculated by IFRS base
※The figures above represent the dividends paid per share.
※Schedule of dividend payments
Interim:In late November
Term end:In late May of the following term
※Breakdown for dividends of 2Q Mar/2014
Common stock: ¥ 7.50
Commemorative dividend: ¥ 2.50

Past Dividend Payments

Details of Acquisition of Own Shares

Acquisition period	Method of acquisition	Number of shares to be acquired	Total value of shares to be acquired	Note
May 14, 2015 to August 31, 2015	Discretionary trading by a securities company	6,571,500 shares	¥9,999,960,300	-
July 31, 2014 to October 31, 2014	Discretionary trading by a securities company	8,721,500 shares	¥9,999,971,651	-
January 31, 2014 to April 30, 2014	Acquisition in the market through a trust bank	19,779,400 shares	¥19,999,979,700	-