Summary of Consolidated Financial Results for the Six Months Ended September 30, 2023[IFRS]

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

1. Consolidated financial results for the six months ended September 30, 2023 (from April 1, 2023 to September 30, 2023)

(1) Consolidated results of operations

(Percentage figures represent changes from the same period of the previous fiscal year.)
Six months ended	Revenue		Business contribution profit		Operating profit
Six months ended	Millions of yen	%	Millions of yen	%	Millions of yen	%
September 30, 2023	552,763	4.1	2,288	211.3	785	-
September 30, 2022	530,743	19.2	735	-	(5,138)	-

Six months ended	Profit before tax		Profit for the period		Profit attributable to owners of the Company
Six months ended	Millions of yen	%	Millions of yen	%	Millions of yen	%
September 30, 2023	(3,746)	-	(4,496)	-	(4,492)	-
September 30, 2022	(3,111)	-	(7,035)	-	(6,742)	-

Six months ended	Basic earnings per share	Diluted earnings per share
Six months ended	Yen	Yen
September 30, 2023	(9.09)	(9.09)
September 30, 2022	(13.66)	(13.66)

(Note)

1.“Business contribution profit” is calculated by deducting cost of sales and selling, general and administrative expenses from revenue.

2.Total comprehensive income for the six months ended September 30, 2023 and 2022, was 34,177 million yen (a decrease of 42.0% year-on-year) and 58,881million yen.

3.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

As of	Total assets	Total equity	Equity attributable to owners of the Company	Equity ratio attributable to owners of the Company
As of	Millions of yen	Millions of yen	Millions of yen	%
September 30, 2023	1,377,803	534,422	520,389	37.8
March 31, 2023	1,413,777	499,877	487,424	34.5

2. Dividends per share

	End of the three-month period	End of the six-month period	End of the nine-month period	End of the year	Total
	Yen	Yen	Yen	Yen	Yen
Fiscal year ended March 31, 2023	-	10.00	-	0.00	10.00
Fiscal year ending March 31, 2024	-	0.00
Fiscal year ending March 31, 2024 (forecast)			-	5.00	5.00

(Note)Changes from the latest dividend forecasts: None

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

(Percentage figures represent changes from the previous fiscal year.)
Fiscal year ending	Revenue		Business contribution profit		Operating profit		Profit attributable to owners of the Company		Basic earnings per share
Fiscal year ending	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%	Yen
March 31, 2024	1,150,000	1.7	24,000	-19.3	18,000	-	4,000	-	8.09

(Note)Changes from the latest consolidated forecasts: Yes

■ Notes

Changes in significant subsidiaries for the six months ended September 30, 2023 (changes in the scope of consolidation): None
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: None
Number of issued and outstanding shares (common stock)
a. Number of issued and outstanding shares (including treasury shares)
    As of September 30, 2023: 502,664,337 shares
    As of March 31, 2023: 502,664,337 shares

b. Number of treasury shares
    As of September 30, 2023: 8,254,362 shares
    As of March 31, 2023: 8,752,824 shares

c. Average number of issued and outstanding shares during the period
    The six months ended September 30, 2023: 494,154,614 shares
    The six months ended September 30, 2022: 493,745,187 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 (2,223,585 shares as of September 30, 2023, and 2,567,818 shares as of March 31, 2023).

■ This summary of quarterly consolidated financial results falls outside the scope of quarterly review 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. QUALITATIVE INFORMATION ON FINANCIAL RESULTS FOR THE SIX MONTHS ENDED SEPTEMBER 30, 2023, (3) Explanation Regarding the Forecasts for the Consolidated Financial Results” in the attached Supplementary Information on page 15.

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

The Company will hold a briefing on the quarterly financial results for institutional investors on Thursday, November 2, 2023. The proceedings and details of the briefing, along with the supplementary information on the quarterly financial results to be presented at the briefing, will be posted on the website of the Group soon after the briefing.