The Recycler
  • G&G Feb 24 Masthead Banner
  • Katun web banner December 2022 NEW
  • Biuromax Masthead web banner March 2024

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

  • TN Core April 2024 Web Banner
  • IR Italiana Web ad January 2021
  • Biuromax March 2024 Banner
  • Mito Web advert July 2023
  • Apex Web Ad March 2024
  • Cartridge Web April 2024 Web Banner
  • Ink Tank April 2024 Web Ads
  • GM Technology Web Ad March 2024
  • Static Control June 2022 Big & Bold Ad
  • G&G Big & Bold Web banner January 2024
  • HYB Web banner Jan 2024
  • ITP Web ad January 2021
  • CET Web ad December 2023
  • Altkin Web ad March 2024
  • Denner Feb 2024 Web Ad
  • Zhono Web ad March 2024
  • PCL April 2024 Web Banner
  • Denner Feb 2024 Web Ad
  • CET Web ad December 2023
  • HYB Web banner Jan 2024
  • ITP Web ad January 2021
  • Altkin Web ad March 2024
  • Zhono Web ad March 2024
  • PCL April 2024 Web Banner
  • Zhono Web ad March 2024
  • HYB Web banner Jan 2024
  • Denner Feb 2024 Web Ad
  • Altkin Web ad March 2024
  • ITP Web ad January 2021
  • PCL April 2024 Web Banner
  • CET Web ad December 2023

The Recycler, Wittas House, Two Rivers, Station Lane, Witney, OX28 4BH, United Kingdom | Tel: +44 (0) 1993 899800 | Fax : +44 (0) 1993 226899
©2006-2023 The Recycler - Terms & Conditions - Privacy Policy including cookie use

Web design Dorset | Websites by Mark

The Recycler Subscribe Web ad January 2021
The Recycler Subscribe Web ad January 2021