Tokyo (June 6, 2025) – Konica Minolta, Inc. (Konica Minolta) today announced that it acquired real estate trust beneficiary interests for the land of Tokyo Site Hino (Hino City, Tokyo), which the Company transferred in 2017 and 2018. Konica Minolta will continue to effectively utilize Tokyo Site Hino as a major base for the Group’s research and development and other functions.

Konica Minolta, based on the intention to raise cash and invest in new businesses, transferred the land on sale and leaseback transaction in 2017 and 2018.

In the Company’s existing Medium-term Business Plan (2023-2025), strengthening the financial foundation is one of the management issues and Konica Minolta has been driving the reduction of interest-bearing liabilities. Responding to changes in the economic environment with globally rising interest rates since last year and aiming to further strengthening the financial foundation along with interest expenses reduction, Konica Minolta acquired real estate trust beneficiary interests for the land of Tokyo Site Hino. The transaction amount is 18.865 billion yen. This initiative reduces expenses related to leases. This transaction is included in the forecasts for the fiscal year ending March 31, 2026. In the consolidated financial statements for the year ending March 31, 2026, though right-of-use asset and lease liabilities will decrease, property, plant and equipment will increase, and cash and deposits will decrease, the impact of the transaction this time is expected to be negligible.

Land for which real estate trust beneficiary interest has been acquired
Land    151,610 square meters
Location    1 Sakura-machi, Hino, Tokyo