Summary of Consolidated Financial Results for the Fiscal Year Ended March 31, 2023 [IFRS]

(Amounts less than one million yen are rounded down to the nearest million yen.)

1. Consolidated financial results for the fiscal year ended March 31, 2023 (from April 1, 2022 to March 31, 2023)

(1) Consolidated results of operations

(Reference)Share of profit (loss) of investments accounted for using the equity method:
Fiscal year ended March 31, 2023: (96) million yen
Fiscal year ended March 31, 2022: - million yen

(Note)Basic earnings per share and diluted earnings per share are calculated based on the profit attributable to owners of Konica Minolta, Inc. (the “Company”).

(2) Consolidated financial position

(3) Consolidated cash flows

2. Dividends per share

3. Consolidated forecasts for the fiscal year ending March 31, 2024 (from April 1, 2023 to March 31, 2024)

■ Notes

  1. Changes in significant subsidiaries for the fiscal year ended March 31, 2023 (changes in the scope of consolidation): None
  2. Changes in accounting policies or changes in accounting estimates

    a. Changes in accounting policies required by International
        Financial Reporting Standards (IFRS): None

    b. Changes in accounting policies other than the above a.: None

    c. Changes in accounting estimates: Yes

    (Note)For further details, refer to “1. CONSOLIDATED FINANCIAL STATEMENTS AND RELATED NOTES, (6) Notes to the Consolidated Financial Statements [Change in accounting estimates]” on page 23.

  3. Number of issued and outstanding shares (common stock)

    a. Number of issued and outstanding shares (including treasury shares)
        As of March 31, 2023: 502,664,337 shares
        As of March 31, 2022: 502,664,337 shares

    b. Number of treasury shares
        As of March 31, 2023: 8,752,824 shares
        As of March 31, 2022: 8,991,342 shares

    c. Average number of issued and outstanding shares during the year
        The fiscal year ended March 31, 2023: 493,815,580 shares
        The fiscal year ended March 31, 2022: 493,580,630 shares

(Note)The Company has established the Board Incentive Plan. The shares owned by the trust account relating to this trust are accounted for as treasury shares (2,567,818 shares as of March 31, 2023, and 2,759,516 shares as of March 31, 2022).

(Reference) Overview of non-consolidated financial results

1. Non-consolidated financial results for the fiscal year ended March 31, 2023 (from April 1, 2022 to March 31, 2023)

(1) Non-consolidated results of operations

(2) Non-consolidated financial position

(Reference)Equity:
Fiscal year ended March 31, 2023: 319,137 million yen
Fiscal year ended March 31, 2022: 332,123 million yen

■ This summary of consolidated financial results falls outside the scope of audit procedures to be performed by certified public accountants or an audit firm.

■ Explanation concerning the appropriate use of the forecasts for results of operations and other special matters

(Note on the forecasts for the consolidated financial results)

The forecasts for results of operations in this report are based on information currently available to the Company and its subsidiaries (the “Group”) and certain assumptions determined to be reasonable, and are not intended to assure any achievement of the Group’s operations. Actual results may differ significantly from the forecasts due to various factors. For further details of the assumptions that form the basis of the forecasts and other related matters when referring to the forecasts, refer to “1. OVERVIEW OF FINANCIAL RESULTS, (1) Overview of Consolidated Operating Results, c. Outlook for the Fiscal Year Ending March 31, 2024” in the attached Supplementary Information on page 9

(Supplementary information for the financial results and briefing on the financial results)

The Company will hold a briefing on the financial results for institutional investors on Monday, May 15, 2023. The proceedings and details of the briefing, along with the supplementary information on the financial results to be presented at the briefing, will be posted on the website of the Group soon after the briefing.