The Recycler
  • Static Control June 2022 Masthead Ad
  • Katun March Web Advert 2021
  • Biuromax Web banner June 2022
  • Ninestar web banner November 2022 Masthead

Konica Minolta releases FY21 results

May 13, 2022

The company said that while demand recovered from the previous year, it still saw the impact of COVID-19 was significant.

Konica Minolta’s fiscal year was affected by COVID, FOREX, impact of tight semiconductor supply, prolonged logistics transportation periods and accidents at a toner factory. However, the company achieved revenue of ¥911.4 billion ($7.1 billion/ €6.8 billion).

Konica Minolta added: “Although we adjusted some prices, expenses increased and profit decreased owing to the spike in logistics costs (including higher air freight) and component expenses.”

In the Digital Workplace segment, revenues in the full year 2021 was ¥465.4 billion ($3.6 billion/ €3.5 billion), pretty much the same as the same period of the previous fiscal year.  

Konica Minolta said that with its forecasts it targets higher revenue for fiscal year 2022, revenue of ¥980 billion ($7.6 billion/ €7.3 billion), but is expecting significant impact in Q1 from tight supply of semiconductors and other components, prolonged logistics transportation periods, and lockdowns in China.

Categories : City News

Tags : Business Financials Konica Minolta Loss OEM Sales

  • Mito December 2022 Web banner
  • GM Technology Web 2022 Ad
  • Ink Tank december 2022 Web Advert
  • Static Control June 2022 Big & Bold Ad
  • Apex Web Ad September 2022
  • Aster November 2022 Web advert
  • GPI December 2022 Web ad
  • GM Tech Web ad September 2022
  • IR Italiana Web ad January 2021
  • HYB October 2022 Web banner
  • ITP Web ad January 2021
  • PCL Web ad January 2021
  • CET June 2022 Web ad
  • CTS New Ad March 2022
  • Zhono Web Ad October 2022
  • ITP Web ad January 2021
  • Zhono Web Ad October 2022
  • PCL Web ad January 2021
  • CTS New Ad March 2022
  • HYB October 2022 Web banner
  • CET June 2022 Web ad
  • ITP Web ad January 2021
  • HYB October 2022 Web banner
  • PCL Web ad January 2021
  • Zhono Web Ad October 2022
  • CET June 2022 Web ad
  • CTS New Ad March 2022

The Recycler, Wittas House, Two Rivers, Station Lane, Witney, OX28 4BH, United Kingdom | Tel: +44 (0) 1993 899800 | Fax : +44 (0) 1993 226899
©2006-2021 The Recycler - Terms & Conditions - Privacy Policy including cookie use

Web design Dorset | Websites by Mark