Revision of Operating Performance Forecast for Fiscal Year Ending March 31, 2007
Company Name: Konica Minolta Holdings, Inc.
Representative: Yoshikatsu Ota, President and CEO
Stock Exchange Listings: Tokyo, Osaka (First Sections)
Local Securities Code Number: 4902
Contact: Masayuki Takahashi, General Manager, Corporate Communications & Branding Division
Tel: (81) 3-6250-2100
Tokyo ( May 10, 2007) – Konica Minolta Holdings, Inc. today announced revision of the full-year operating performance forecast for fiscal year ending March 31, 2007 from the original forecast as announced on November 2, 2006.
1．Revision of the full-year operating performance forecast for fiscal year ending March 31, 2007:
(1) Consolidated operating performance forecast:
(Millions of yen)
| Net Sales | Recurring Profit | Net Income | |
|---|---|---|---|
| Original Forecast(A) | 1,006,000 | 90,000 | 46,000 |
| Revised Forecast(B) | 1,027,630 | 98,099 | 72,542 |
| Increase(B-A) | 21,630 | 8,099 | 26,542 |
| Percent Change(%) | 2.2% | 9.0% | 57.7% |
| (Reference) Results for fiscal year ended March 31, 2006 | 1,068,390 | 76,838 | (54,305) |
（2）Non-consolidated operating performance forecast:
(Millions of yen)
| Operating Revenue | Recurring Profit | Net Income | |
|---|---|---|---|
| Original Forecast(A) | 58,000 | 29,000 | 35,000 |
| Revised Forecast(B) | 58,201 | 30,999 | 40,984 |
| Increase(B-A) | 201 | 1,999 | 5,984 |
| Percent Change(%) | 0.3% | 6.9% | 17.1% |
| (Reference) Results for fiscal year ended March 31, 2006 | 55,854 | 28,283 | (34,240) |
2. Reasons for the revision of the consolidated operating performance forecast
Such factors as increase in sales of Business Technologies business which surpassed the original forecast and decrease in tax expense in line with progress in discontinuation of Photo Imaging business led to increase in net income.