Konica Minolta 2007 Annual Report Download - page 25

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23
In next generation pickup lenses, which are expected to become the next driver of our optical pickup lens business, full-fledged
production is underway for both Blu-ray Disk and HD DVD format end products. In addition, object lens shipments began and made a
contribution to sales and earnings. In particular, Konica Minolta has a commanding lead in object lenses because of its organic
integration of plastic lens and glass molding technologies made possible by the merger of Konica and Minolta.
In glass substrate for hard disks, stable growth in lap-top PCs and growing demand from expanding applications of hard disk drives in
networked home appliances, and progress in adapting to perpendicular magnetic recording resulted in strong sales overall in the first
half. However, growth rates decelerated in the second half due to the impact of customer inventory adjustments.
Sales of digital camera lens units waned as a result of intensified competition in finished product markets. In components for mobile
phones with cameras, however, demand is shifting from 1.3 mega pixel models to the high end segment such as 2 to 3 mega pixels,
which is our area of strength. As a result, volume growth was seen in shipments to major domestic and overseas customers, which
contributed to the expansion of our business during the fiscal year.
Given the above, consolidated net sales for the Optics business in the fiscal year ended March were ¥139.0 billion and operating
income reached ¥21.0 billion.
TAC film production process Lens unit for camera-
equipped mobile phones