Konica Minolta 2007 Annual Report Download - page 59

Download and view the complete annual report

Please find page 59 of the 2007 Konica Minolta annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 64

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64

57
Report of Independent Auditors
Konica Minolta Holdings, Inc. and Consolidated Subsidiaries
To the Shareholders and Board of Directors of
Konica Minolta Holdings, Inc.:
We have audited the accompanying consolidated balance sheet of Konica Minolta Holdings, Inc. and consolidated subsidiaries as
of March 31, 2007, and the related consolidated statements of income, changes in net assets and cash flows for the year then
ended, expressed in Japanese yen. These consolidated financial statements are the responsibility of the Company’s
management. Our responsibility is to independently express an opinion on these consolidated financial statements based on our
audit. The accompanying consolidated financial statements of Konica Minolta Holdings, Inc. and consolidated subsidiaries for
the year ended March 31, 2006, were audited by other auditors whose report thereon dated June 23, 2006, expressed an
unqualified opinion on those statements.
We conducted our audit in accordance with auditing standards generally accepted in Japan. Those standards require that we plan
and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement.
An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An
audit also includes assessing the accounting principles used and significant estimates made by management, as well as
evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion.
In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the consolidated
financial position of Konica Minolta Holdings, Inc. and subsidiaries as of March 31, 2007, and the consolidated results of their
operations and their cash flows for the year then ended, in conformity with accounting principles generally accepted in Japan.
The U.S. dollar amounts in the accompanying consolidated financial statements with respect to the year ended March 31, 2007
are presented solely for convenience of the reader. Our audit also included the translation of yen amounts into U.S. dollars and,
in our opinion, such translation has been made on the basis described in Note 3 to the consolidated financial statements.
Tokyo, Japan
June 21, 2007