Konica Minolta Exceeds Sales Forecast but Misses Profit Targets for Fiscal Year


On May 10, Konica Minolta announced financial results for the fiscal year ended March 31, 2013. In the fourth quarter, Konica Minolta saw 13.4 percent year-over-year growth in net sales to ¥235.3 billion ($2.3 billion*), up from ¥207.5 billion in the year prior. Operating income in Q4, however, shrank 20.5 percent year-over-year, falling from ¥17.0

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