Research and Development Segment and R&D Cost

The core technologies mentioned above support four business and technology fields (the Business Technologies Business, Industrial Business, Healthcare Business, and common fundamental technology and advanced technology), and Konica Minolta conducts aggressive R&D in these areas. Konica Minolta’s R&D costs in fiscal 2013 were 71.1 billion yen, making it the fourth consecutive year in which investment exceeded 70 billion yen.

The breakdown in investment in each business field is shown in the graph. R&D expenditures were highest in the Business Technologies Business, our leading business segment, accounting for more than 50% of the total. In areas other than the Business Technologies Business, R&D expenditures increased in the Industrial Business segment for organic light-emitting diode (OLED) lighting and functional films and in the Healthcare Business for diagnostic ultrasound systems and other applications, which are positioned as growth businesses. Compared to the previous fiscal year, R&D expenditures on OLED lighting and functional films were up approximately 5%, and expenditures in the Healthcare Business increased by approximately 40%.

Percentage of R&D expenditures