Konica Minolta 2015 Annual Report Download - page 81

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24
18
12
6
0
(Yen)
17.5
15.0
20.0
20132012 2014
(FY)
• Dividends for the fiscal year ended March 31, 2015 and
projected dividends for the fiscal year ending March 31,
2016
Dividends for the end of the fiscal year ended March 31, 2015
were paid at a rate of ¥10 per share, a ¥2.50 increase over the end
of the previous fiscal year. Combined with the dividend of ¥10 per
share already paid at the end of the second quarter, the total
annual dividend was ¥20 per share.
Regarding ordinary dividends for the fiscal year ending March
31, 2016, the Group plans to distribute a total annual dividend of
¥30 per share in order to strengthen shareholder returns, assuming
we achieve the results forecasts outlined on the right.
• Basic dividend policy
The Company’s basic policy regarding the payment of dividends is
to proactively distribute earnings to shareholders after
comprehensive consideration of factors including consolidated
business results and strategic investment in growth areas. The
Group strives to improve shareholder return by increasing the
per-share dividend and practicing flexible purchasing of treasury
stocks.
Outlook for the Fiscal Year Ending March 31,
2016
Dividend Policy
Looking at the global economic conditions surrounding the Group,
the U.S. economy is expected to make a gradual recovery despite
a slowdown in various economic indicators at the start of the year
2015. Major economies in Europe—including Germany, France and
the United Kingdom—are expected to make a strong showing due
in part to quantitative easing, despite the risk of the Greek financial
crisis reigniting. We also forecast a continued slowdown in
economic growth in China and stagnant growth in emerging
countries, including those in Asia and Latin America. Meanwhile, in
the Japanese economy, personal consumption is projected to
recover moderately reflecting solid corporate results.
As for the outlook for demand in the Group’s related markets,
in the Business Technologies Business, we expect demand for A3
color MFPs for the office to continue expanding in overseas
markets. In the commercial and industrial printing field, we project
expanding sales of color units and a resulting increase in print
volume. For the Healthcare Business, we expect continued high
growth in cassette-type digital X-ray systems and diagnostic
ultrasound systems in each region.
In the Industrial Business, we expect growth of smartphones
to continue and the trend for increasing screen size to persist in the
TV market in line with continued enhancement of image quality. In
digital cameras, we expect the markets for compact models and
models with interchangeable lenses to continue contracting.
Published May 13, 2015
(Billions of yen)
Revenue 1,100
Operating profit 77
Operating profit ratio 7.0 %
Profit attributable to owners of the company 50
Capital investment 55
Depreciation 55
Free cash flow 15
Investment and financing 35
Forecast for the fiscal year ending March 31, 2016
Dividend per share
* Assumed exchange rates: 1 U.S. dollar = ¥120; 1 euro = ¥130
80
KONICA MINOLTA, INC. Annual Report 2015
Foundation for GrowthBusiness StrategiesGrowth StrategyCompany Overview and Characteristics Financial Report