Konica Minolta 2015 Annual Report Download - page 77

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• Business Technologies Business
In the office services field, sales of mainstay A3 color MFPs
remained firm, with all regions reporting unit sales growth
compared to the previous fiscal year. A4 color MFP unit sales also
grew, partially due to the strengthening of our global sales and
support framework targeted at major accounts and to a steady
increase in business deals and sales involving OPS, which
optimizes customers’ output environments. Concerning initiatives
targeting small- and medium-sized companies, we have launched
MCS, which is an advanced form of our hybrid-type sales rolled
out primarily in Europe and the U.S. that provides customers with
IT services and equipment. MCS optimizes our customers’ content
management by putting ourselves inside their business processes.
We already have a strong MCS track record centered in North
America. Going forward, these services will drive user base
expansion and print volume growth.
In the commercial and industrial printing field, models such as
the bizhub PRESS C1100 and bizhub PRESS C1085 showed
robust sales throughout the year and resulting in unit sales for color
models as a whole that beat the previous year. Regarding MPM
services, which help companies’ marketing departments improve
their business processes and optimize their printed material costs,
we established a subsidiary of Charterhouse (headquartered in the
U.K.) in the U.S. and a subsidiary of Ergo (headquartered in
Australia) in Japan. Through these efforts, we have completed a
global system for providing services that cover Europe, Asia
Pacific, the U.S., and Japan. In the industrial inkjet business,
healthy sales of both components and textiles resulted in a sales
boost over the previous year.
As a result, external revenue in this business rose 10.5% year
on year to ¥808.2 billion. Operating profit increased 1.6% year on
year to ¥72.6 billion, which, although partially offset by business
structure improvement expenses at sales companies in Europe, is
attributed to an increase in gross profit resulting from increased
sales of color units combined with our services, as well as
increased sales of digital printing systems and increased sales and
income arising from exchange-rate gains owing to a weak yen.
Operating Results by Segment
Profit attributable to owners of the company
Fiscal 2014 changes in revenue and operating profit
(Billions of yen)
48
36
24
12
0
(Billions of yen)
8.0
6.0
4.0
2.0
0
ROE*
(%)
28.3
40.9
8.7
20132012 2014
(FY)
J-GAAP IFRS
6.1
4.6
3.4
21.8
15.1
(FY)(FY)
Revenue Operating profit
20142013 2013 2014
9.0%
Operating
profit ratio
731.3 9.8%
808.2
(10.5%)
71.5 72.6
( ) indicates
comparison
to previous
fiscal year
• Healthcare Business
Although sales were strong in North America, China, India, and
other overseas markets, conditions remained poor in Japan, with
sales of local procurements declining as a result of a cooling market.
Compared with last year, worldwide sales of core Konica
Minolta products increased. Unit sales saw an uptick for AeroDR, a
mainstay cassette-type digital X-ray imaging system. We also
released the SONIMAGE HS1, a new product developed by
Konica Minolta for the diagnostic ultrasound system business that
we are working to develop as a new field. The product has been
well received for its product capabilities, and we have seen sales
expand towards the end of the period. Film products sold well in
emerging countries, and unit sales was roughly on par with the
previous year. Sales of local procurements slid due to a domestic
market downturn.
As a result, external revenue in this business dropped 4.6%
year on year to ¥78.5 billion. Operating profit fell 28.7% year on
year to ¥2.1 billion, attributable to a drop in gross profit resulting
from decreased sales of local procurements in Japan, and to
anticipatory expenses associated with the launch of the diagnostic
ultrasound system business.
Fiscal 2014 changes in revenue and operating profit
(Billions of yen)
2.7%
Operating
profit ratio
3.6%
78.5
(-4.6%)
2.9
2.1
82.3
Revenue Operating profit
( ) indicates
comparison
to previous
fiscal year
(FY)(FY)
20142013 2013 2014
* ROE (J-GAAP) = Net income / Average shareholders’ equity
ROE (IFRS) = Profit attributable to owners of the company / (Share capital +
Share premium + Retained earnings + Treasury shares (average at
start of fiscal year and end of fiscal year))
76
KONICA MINOLTA, INC. Annual Report 2015
Foundation for GrowthBusiness StrategiesGrowth StrategyCompany Overview and Characteristics Financial Report