Stellar Fiscal Year for Konica Minolta and bizhub MFPs

generic bizhubFor its fiscal year ended March 31, 2014, Konica Minolta of Japan reported net sales of ¥943.8 billion, a 16 percent year-over year increase, and net income of ¥21.9 billion, a 45-percent year-over-year increase.

The firm says its Business Technologies Business drove performance for the entire company, and that a significant improvement in profitability in the Business Technologies Business covered a decline in profit in the Industrial Business.

2014 salesThe Healthcare Business also contributed to the increase in profit on the back of  sales growth in DR products.

Net sales for the Business Technology business were ¥729.8 billion, a 25-percent year-over-year increase. Additionally:

  • Sales of A3 color MFPs were strong throughout the year, mainly among mid- and high-speed models.
  • Sales of new monochrome MFPs rose favorably from the second half of the year and the company secured sales volumes on par with the previous year.
  • In its production-printing business, sales of both color and monochrome systems exceeded the previous year.
  • Non-hardware sales expanded favorably in new domains such as IT service and solutions.

2014 office and productin print sales

Konica Minolta has not released its forecast for the current fiscal year and quarter.

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