1Q / March 2018 Consolidated Financial Results Highlight

(Amounts less than one million yen have been omitted.)

1. Overview of the 1Q performance (From April 1, 2017 to June 30, 2017)

(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
Three months ended June 30, 2017 232,351 1.4% 8,714 -2.2% 8,207 -3.8%
Three months ended June 30, 2016 229,131 -7.8% 8,911 -11.1% 8,528 -18.0%
[Millions of yen]
  Profit for the period Profit attributable to owners of the company Total comprehensive income
Three months ended June 30, 2017 5,370 -14.3% 5,367 -16.0% 10,380 -
Three months ended June 30, 2016 6,267 -4.6% 6,386 -3.1% -24,245% -
  Basic earnings per share Diluted earnings per share
Three months ended June 30, 2017 10.83 yen 10.80 yen
Three months ended June 30, 2016 12.89 yen 12.85 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 June 30, 2017 990,444 535,466 525,666 53.1%
As of March 31, 2017 1,005,435 534,149 524,331 52.1%

2. Dividends per share

[yen]
  1Q 2Q 3Q Year-end Total annual
Fiscal Year ended Mar 2017 - 15.00 - 15.00 30.00
Fiscal Year ending Mar 2018 -        
Fiscal Year ending Mar 2018 (forecast)   15.00 - 15.00 30.00

Note: Changes to the latest dividend forecast announced: None

3. Consolidated results forecast for fiscal year ending March 31, 2018 (From April 1, 2017 to March 31, 2018)

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 980,000 1.8% 46,000 -8.2% 30.00 -4.9% 60.53 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 June 30, 2017: 502,664,337 shares
      As of March 31, 2017: 502,664,337 shares
    2. Treasury shares at period-end
      As of June 30, 2017: 6,971,872 shares
      As of March 31, 2017: 7,041,082 shares
    3. Average number of outstanding shares during the period
      Three months ended June 30, 2017: 495,673,984 shares
      Three months ended June 30, 2016: 495,504,394 shares

This “Consolidated Financial Results for the First 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 page 8 of Supplementary Information, under “(3) Explanation of forward-looking statements with regard to consolidated results forecasts” in “Section 1. QUALITATIVE INFORMATION on the RESULTS of the PERIOD UNDER REVIEW” 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 Friday, July 28, 2017. Descriptions at the briefing and presentation slides to be used at the briefing will be posted on the website of the Group immediately after the briefing.