Konica Minolta 2015 Annual Report Download - page 48

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Industrial Business
Optical systems for
industrial use
Measuring instruments
Sales of measuring instruments were mostly strong, primarily buoyed by
light-source color measuring devices for displays, a core product.
Industrial and professional lenses
Strong sales of core products resulted in a year-on-year sales increase
despite difficult market conditions.
Other
Decreased demand concerning lenses for compact digital still cameras
resulted in lower sales for the category.
Revenue Main Achievements in Fiscal 2014
Fiscal 2014 business results and fiscal 2015 forecast
In the field of optical systems for industrial use, sales were strong
for all core products, including light-source color measuring
devices for displays and industrial and professional lenses.
However, sales of lenses for compact cameras slid in response to
decreased demand.
As a result, fiscal 2014 sales for this field decreased 10% year
on year to ¥51.8 billion (¥51.8 billion based on IFRS).
In fiscal 2015, efforts will continue to focus on expanding
sales of core products while at the same time we target business
that includes FA applications and visual inspection to expand the
range of applications for color measuring technologies, an area
where Konica Minolta excels. The above factors contribute to a
fiscal 2015 segment sales forecast of ¥63.0 billion (based on IFRS),
a 22% year-on-year increase.
Market environment (opportunities
and challenges)
A rising number of mobile displays and the
growing size of display devices is expanding
the market for light-source color measuring.
In the automobile industry, a major customer
for object color measuring devices,
production volume is gradually increasing.
The FA measuring market is expanding as a
result of growing investment in production
line automation.
Strengths and strategies
We possess a wide-ranging product lineup for high-precision measuring
equipment.
In our light-source color measuring device segment, we have a number
of global major accounts (GMA) mainly among manufacturers of mobile
devices, lighting equipment, and automobiles.
With the acquisition of Radiant Vision Systems, we are expanding our
vaunted color measurement technologies into related fields that include
FA and visual inspection applications.
(Billions of yen)
51.851.8
80.0
57.8
Revenue
100
75
50
25
0
(FY)
2013 2014 2016
(plan*)
J-GAAP IFRS
Measuring instrument
business sales
Industrial and professional
lens sales
(FY)
2013 2014
100
112
(FY)
2013 2014
100
106
* Base index: FY2013=100 * Base index: FY2013=100
Business Results
* Figures published in May, 2014
47
KONICA MINOLTA, INC. Annual Report 2015
Foundation for GrowthBusiness StrategiesGrowth StrategyCompany Overview and Characteristics Financial Report