Net sales and operating income for 1Q2015 both rose, with gross income ratio increasing by 49.2 percent.
Net sales were recorded at ¥1011.8 billion ($8.1 billion/€7.4 billion), up from ¥943.8 billion ($7.5 billion/€6.9 billion) for 1Q2014, while gross income was ¥497.8 billion ($4 billion/€3.6 billion) and ¥451.5 billion ($3.3 billion/€3.6 billion) for the first quarters of 2014 and 2015 respectively.
Operating income was also up, rising from ¥58.1 billion ($468 million/€429 million) for 1Q2014 to ¥66.2 billion ($533 million/€489 million) for 1Q2015, and pre-tax profit was recorded at ¥55.2 ($444 million/€408 million) for the quarter, up from the 2014 figure, ¥32.7 ($263 million/€241 million), and indicating a 3.2 percent net income ratio.
The OEM reported sales increases in “both office services and commercial and industrial printing fields, driven by an increase in sales of colour units and expansion in the service business”, with greater profitability having a similar positive effect on operating income for commercial and industrial printing. A3 colour unit sales saw a “significant increase” in developing countries, while colour PVs were “strong” in the US owing to accumulation of colour MIF (Management Information Format).
Konica Minolta hopes to achieve ¥1,100 billion ($8.1 billion/€8.8 billion) in net sales for 1Q2016, operating income of ¥77 billion ($62 million/€569 million) and net income of ¥50 billion ($403 billion/€369 million).