Konica Minolta 2011 Annual Report Download - page 26

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Business Overview Top Business Technologies Business Optics Business
Healthcare Business
Optics Business
In the display materials field, we saw liquid crystal display panel production
start to recover in October 2010 after production adjustments by
manufacturers that began in the summer of 2010. With the development of
new VA-TAC films for increasing viewing angle and the start of shipments of
TAC films for IPS panels in the second half of the fiscal year, we saw solid
sales of products that represent the Company's strengths. Overall sales
volumes of TAC films rose from a year ago.
In the memory devices field, sales volumes of pickup lenses for optical disks
increased year on year, led by pickup lenses for Blu-ray Discs™. Sales
volumes of glass substrates for HDDs also rose, led by high-density
recording products, including 320GB. However, the growth was not as
strong as originally anticipated, given the effects of prolonged production
adjustments in the personal computer and digital home appliances
industries since last summer.
In the image input/output components field, sales volumes of lens units for
digital cameras and video cameras rose year on year, but volumes for
mobile phones with cameras fell sharply, partly as a result of weak sales of
models equipped with the Company's products.
Of our mainstay products in this Business, sales volumes of plain TAC films
and VA-TAC films rose steadily as production adjustments by customers
ended relatively early and we worked to expand sales. Sales volumes of
glass substrates for HDDs were also solid. However, sales volumes of
pickup lenses for optical disks were sluggish overall, reflecting prolonged
production adjustments by customers. Sales of lens units and related items
were also weak. As a result, sales of the Optics Business stood at ¥129.8
billion, down 5.1% year on year, and operating income was ¥12.8 billion,
declining 11.0%.
ion
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8
KONICA MINOLTA HOLDINGS, INC. 25 ANNUAL REPORT 2011