KONICA MINOLTA 3rd Quarter Financial Results 2017

(Units of less than 1 million yen have been omitted.)

1. Overview of the 3Q performance (From April 1, 2016 to December 31, 2016)

(1) Business performance

Percentage figures represent the change from the same period of the previous fiscal year.

[Millions of yen]
  Revenue Operating profit Profit before tax
Nine months ended December 31, 2016 699,636 -8.2% 34,454 -17.2% 34,103 -15.8%
Nine months ended December 31, 2015 762,326 4.7% 41,588 -11.7% 40,524 -16.8%
[Millions of yen]
  Profit for the period Profit attributable to owners of the company Total comprehensive income
Nine months ended December 31, 2016 25,066 -5.4% 24,910 -6.0% 21,256 -0.5%
Nine months ended December 31, 2015 26,497 -11.3% 26,492 -11.3% 21,355 -63.7%
  Basic earnings per share Diluted earnings per share
Nine months ended December 31, 2016 50.27 yen 50.13 yen
Nine months ended December 31, 2015 53.32 yen 53.16 yen

(Note) Basic earnings per share and diluted earnings per share are calculated based on the profit attributable to owners of the company.

(2) Financial position

[Millions of yen]
  Total assets Total equity Equity attributable to owners of the company Equity ratio attributable to owners of the company
As of December 31, 2016 1,030,038 530,889 521,360 50.6%
As of March 31, 2016 976,370 514,981 514,285 52.7%

2. Dividends per share

[yen]
  1Q 2Q 3Q Year-end Total annual
Fiscal Year ended Mar 2016 - 15.00 - 15.00 30.00
Fiscal Year ending Mar 2017 - 15.00 -    
Fiscal Year ending Mar 2017 (forecast)       15.00 30.00

Note: Changes to the latest dividend forecast announced: None

3. Consolidated results forecast for fiscal year ending March 31, 2017
(From April 1, 2016 to March 31, 2017)

Percentage figures represent the change from the previous fiscal year.

[Millions of yen]
  Revenue Operating profit Profit attributable to owners of the company Basic earnings per share
Full year 1,030,000 -0.2% 55,000 -8.4% 36,000 12.6% 72.65 yen

Note: Changes to the latest consolidated results forecast announced: None

Notes

  1. Changes in status of material subsidiaries during the period under review (Changes to specified subsidiaries accompanying the additional consolidation or removal from consolidation of companies): None
  2. Changes in accounting policies, or changes in accounting estimates
    1. Changes in accounting policies required by IFRS:  None
    2. Changes in accounting policies other than “a.”:  None
    3. Changes in accounting estimates:  None
  3. Number of shares (common stock)
    1. Issued shares at period-end (including treasury shares)
      As of December 31, 2016: 502,664,337 shares
      As of March 31, 2016: 502,664,337 shares
    2. Treasury shares at period-end
      As of December 31, 2016: 7,108,880 shares
      As of March 31, 2016: 7,188,993 shares
    3. Average number of outstanding shares during the period
      Nine months ended December 31, 2016: 495,539,168 shares
      Nine months ended December 31, 2015: 496,896,262 shares

Presentation of Present Status of Quarterly Review Procedures

This “Consolidated Financial Results for the Third Quarter” is not subject to quarterly review procedures in accordance with the Financial Instruments and Exchange Law and, as of the date of publication of these quarterly consolidated financial results, the quarterly review procedures for the Condensed Consolidated Financial Statements are currently in progress.

Explanation of Appropriate Use of Performance Projections and Other Special Items

(Note on forward-looking statements)

This document contains projections of performance and other projections that were made based on information currently available and certain assumptions judged to be reasonable. The Konica Minolta Group makes no warranty as to the achievability of the projections. There is a possibility that diverse factors may cause actual performance, etc. to differ materially from the projections. Please see “(3) Qualitative Information on the Consolidated Results Forecast” in “Section 1. QUALITATIVE INFORMATION on the RESULTS of the PERIOD UNDER REVIEW” on page 9 for more information on points to be remembered in connection with assumptions for projections and the use of projections.

(How to obtain supplementary information and information on a financial results briefing)

Konica Minolta, Inc. will hold a financial results briefing for institutional investors on Tuesday, January 31, 2017. Descriptions at the briefing and presentation slides providing supplementary information to be used at the briefing will be posted on the website of the Group immediately after the briefing.