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Konica Minolta, Inc. 2nd Quarter/FY2025 ending in March 2026 Consolidated Financial Results © KONICA MINOLTA Toshimitsu Taiko President and CEO, Representative Executive Officer Six months(6M): April 1, 2025 - September 30, 2025 - Announced on November 5, 2025 -
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FY2025 6M PERFORMANCE OVERVIEW © KONICA MINOLTA
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FY24 6M FY25 6M YoY w/o FOREX FY24 Q2 FY25 Q2 YoY w/o FOREX Revenue 557.9 513.2 -8% -6% 284.2 262.0 -8% -8% Gross Profit 243.5 228.2 -6% -4% 125.1 117.9 -6% -6% Gross Profit ratio 43.6% 44.5% +0.9pt 44.0% 45.0% +1.0pt SG＆A 227.2 204.3 -10% -9% 110.6 103.3 -7% -7% SG＆A ratio 40.7% 39.8% -0.9pt 38.9% 39.4% +0.5pt Business Contribution Profit *1 16.3 23.8 +46% +56% 14.5 14.7 +1% +0% Business Contribution Profit ratio 2.9% 4.6% +1.7pt 5.1% 5.6% +0.5pt Operating Profit -1.0 23.0 - - 0.8 12.9 +1525% +1519% Profit attributable to owners of the Company *2 -10.7 22.6 - -7.3 15.3 - FCF *3 16.7 11.9 -29% 25.0 30.7 +23% FOREX [Yen] USD 152.63 146.04 -6.59 149.38 147.48 -1.90 EUR 165.95 168.06 +2.11 164.01 172.32 +8.31 Based on continuing operations Based on continuing operations 3© KONICA MINOLTA FY2025 6M Performance | Summary *1 Business contribution profit: The profit subtracted sales cost, SG&A from revenue *2, *3 Including those from discontinued businesses Compared to FY24 6M ⚫ Revenue : Decreased (FOREX, decrease due to business selection and concentration, and decreased office revenue) ⚫ Business contribution profit : Increased (improved gross profit ratio and improved SG&A expenses ratio due to global structural reform efforts and other initiatives) The impact of U.S. reciprocal tariffs was mostly absorbed by response measures (¥0.6 billon impact) ⚫ Operating profit : Increased (absence of one-time expenses such as structural reform costs, gain or loss on sales of shares in subsidiaries, and other factors) ⚫ Profit attributable to owners of the Company : Increased (improvement in finance income and costs, improvement in tax rates, and valuation gain on Tempus AI shares) ⚫ FCF : -¥4.8 billon (increase of working capital, purchase of the property, plant and equipment at Tokyo Site Hino, and other factors) [¥ billions]
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4© KONICA MINOLTA FY24 6M FY25 6M Increase/ Decrease Main factors of increase/decrease Revenue 557.9 513.2 -44.7 Business selection and concentration*: -19.7, FOREX: -11.3, etc. Gross profit 243.5 228.2 -15.3 Business selection and concentration*: -4.9, FOREX: -4.6, etc. Business contribution profit 16.3 23.8 +7.5 Structural reform efforts: +10.7, FOREX: -1.7, business selection and concentration: +1.7, etc. Operating profit -1.0 23.0 +24.0 Other income/expenses: +16.5 (Absence of structural reforms expenses: +16.4, business selection and concentration: +0.2, absence of impairment losses: +0.9, and others: -0.9) Profit from continuing operations -11.5 15.1 +26.6 Finance income/costs: +6.2 Income tax: -3.6 (deferred tax expense increase: -2.8, tax expense increase: -0.8) Profit from discontinued operations 0.8 8.3 +7.6 Valuation gain and loss on partial sale of Tempus AI shares, etc.: +8.4 Profit -10.7 23.4 +34.2 Profit attributable to owners of the Company -10.7 22.6 +33.3 Profit attributable to non-controlling interests -0.0 0.8 +0.8 Business contribution profit, operating profit, and profit from continuing operations progressed steadily Increase/Decrease Factors Analysis of PL [¥ billions] * Business selection and concentration: Business transfers in DW -DX, marketing services, and imaging IoT solutions unit. Precision Medicine Business is not included as it is a discontinued operation.
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FY24 6M FOREX Sales Production, SCM Structural reform efforts/ Personnel expenses Other SG＆A FY25 6M Digital Workplace 19.1 +0.1 -10.3 +1.2 +5.1 +3.0 18.2 Professional Print 6.5 -1.1 -2.6 +0.1 +1.4 +0.5 4.9 Industry 7.5 -0.6 +0.3 +0.5 +0.8 +1.0 9.6 Imaging Solutions -5.0 -0.1 -1.4 -0.0 +0.6 +4.5 -1.4 Corporate, etc. -11.9 -0.1 +0.3 - +0.2 +4.0 -7.5 Company overall 16.3 -1.7 -13.8 +1.8 +8.2 +13.1 23.8 FY2025 6M Performance | Factors of Increase/Decrease of Business Contribution Profit 5© KONICA MINOLTA FY24 6M FY25 6M 16.3 23.8FOREX Sales Production/ SCM Structural reform efforts/ Personnel expenses Other SG&A ０ ⚫ The impact of U.S. reciprocal tariffs was mostly absorbed by response measures (¥0.6 billon impact) Business selection and concentration -4.9 Tariff impact -4.2 Business selection and concentration +1.7 Tariff response measure +3.6 [¥ billions] * * Corporate, etc.: Improved business contribution profit due to gains on the acquisition of real estate trust beneficiary int erests (Hino Site) and others, etc.
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© KONICA MINOLTA FY2025 6M Performance | Revenue & Profit by Segment 6 [¥ billions] YoY w/o FOREX Digital Workplace -6% -5% Professional Print -11% -8% Industry -2% -1% Imaging Solutions -16% -15% Corporate, etc. -9% +68% Company overall -8% -6% FY24 6M ratio FY25 6M ratio YoY w/o FOREX Digital Workplace 19.1 6% 18.2 6% -5% -5% Professional Print 6.5 5% 4.9 4% -25% -9% Industry 7.5 12% 9.6 16% +27% +35% Imaging Solutions -5.0 - -1.4 - - - Corporate, etc. -11.9 - -7.5 - - - Company overall 16.3 3% 23.8 5% +46% +56% FY24 6M ratio FY25 6M ratio YoY w/o FOREX Digital Workplace 6.6 2% 17.7 6% +169% +166% Professional Print 4.9 4% 2.8 2% -43% -22% Industry 7.2 12% 9.6 16% +34% +43% Imaging Solutions -5.9 - 0.4 1% - - Corporate, etc. -13.8 - -7.5 - - - Company overall -1.0 - 23.0 4% - - Based on continuing operations Business Contribution Profit Operating Profit 307.6 287.8 0.3 0.3 139.1 123.8 Revenue FY24 6M FY25 6M 557.9 513.2 60.4 59.1 50.4 42.1
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Revenue (YoY) Sensing +1.2 ＋ Light source color: Continued recovery in customers’ capital investment ＋ Steady in object color and automobile visual inspections ― HSI：Declined demand in European recycle market Performance materials -1.7 ― Large-sized (TVs): Demand correction of VA following the temporary surge Steady in IPS/OLED (Steady as a whole TV in Q2) IJ components -1.2 ― Sign graphics use: Declined demand resulting from slump of the market conditions in China and others. Optical components +0.4 ＋ Steady in projectors, semiconductor production equipment applications FY2025 6M Performance | Industry 7© KONICA MINOLTA Revenue Business contribution profit [¥ billions] Industry Business Contribution Profit (YoY) +2.0 ＋ Sensing, optical components: Growth in gross profit due to higher sales ＋ Performance materials: Growth in gross profit due to changes in product mix ＋ Reduced SG&A expenses due to global structural reform efforts FY25 6M FY24 6M FY25 6M FY24 6M ◼ Sensing ◼ Performance materials ◼ IJ components ◼ Optical components 8.5 8.9 10.0 8.7 23.9 22.2 18.1 19.3 60.4 59.1 7.5 9.6 [¥ billions]
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Revenue (YoY) Office -17.6 ― Hardware: For other companies’ brand (-) Europe (+), the U.S. and China (-) ― Non-hard: Europe, China, and Japan (-) DW-DX -2.2 ― Managed IT Services: Decreased sales due to business selection and concentration, sluggish in the U.S. ＋ Operation optimizing services: Europe and Japan (+) ＋ AI SaaS services by industry: Japan (+) FY2025 6M Performance | Digital Workplace 8© KONICA MINOLTA [Revenue] 6M -1%, Q2 -6%, excluding revenue for other companies’ brand Revenue Business contribution profit [¥ billions] Digital Workplace Business Contribution Profit (YoY) -0.9 ― Office: Decreased gross profit due to decreased HW/NH sales, increased tariff expenses ＋ Office: Structural reform efforts, reduced production costs ＋ DW-DX：Turned profitable Effects of business selection and concentration and structural reform efforts, reduced SG&A expenses FY25 6M FY24 6M FY25 6M FY24 6M 45.2 42.9 262.5 244.8 307.6 287.8 19.1 18.2 ◼ Office ◼ DW-DX [Revenue] FY25 6M w/o FOREX FY25 Q2 w/o FOREX Hardware -9％ -7％ -9％ -10％ Non-hard -5％ -3％ -2％ -3％ [¥ billions]
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FY2025 6M Performance | Professional Print 9© KONICA MINOLTA Revenue (YoY) Production print* -15.2 Excluding business selection and concentration -2.7 ― Hardware: The U.S., Europe, and China (-), India (+) ＋ Non-hard: India (+) Europe (±), the U.S. and China (-) Industrial print -0.1 ― Hard: Postponed investment mainly due to deterioration in U.S. market conditions ＋ Non-hard: Remained steady, mainly driven by inkjet [Revenue] FY25 6M w/o FOREX FY25 Q2 w/o FOREX Hardware -6％ -4％ -3％ -3％ Non-hard -2％ +1％ +2％ +2％ Revenue Business contribution profit [¥ billions] Professional Print Business Contribution Profit (YoY) -1.7 ― U.S. reciprocal tariffs expenses, marketing services ＋ Structural reform efforts, reduced SG&A expenses * Since the current fiscal year ending March 31, 2026, the marketing services unit has been integrated into the production pr int FY25 6M FY24 6M FY25 6M FY24 6M 20.3 20.2 32.5 86.3 103.6 139.1 123.8 6.5 4.9 20.0 Business selection and concentration -12.5 ◼ Production print ◼ Marketing services ◼ Industrial print [Revenue] [Units] FY25 6M FY25 Q2 Color -2％ +0％ HPP -9%, MPP +34% HPP -10%, MPP +43% [¥ billions]
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FY2025 6M Performance | Imaging Solutions 10© KONICA MINOLTA Revenue (YoY) Healthcare -4.8 ― X-ray film: China, third-party products: Japan ― DR: The U.S. and Europe (-), Asia (+) Dynamic Digital Radiography: The U.S. and China (+) ― Ultrasound: China and the U.S. (-), Japan (+) ＋ Healthcare IT: Japan and the U.S. Imaging IoT solutions, etc.*1 -3.9 ― Imaging IoT Solutions: Business selection and concentration (Transfer of Mobotix shares -4.5) Visual solutions +0.3 ＋ Overseas LED solutions sales Revenue Business contribution profit [¥ billions] Imaging Solutions Business Contribution Profit (YoY) +3.6 ＋ Healthcare: Improved product mix, structural reform efforts, reduction in depreciation expenses ＋ Imaging IoT solutions: Decrease in loss by business selection and concentration * Q2 standalone results were at break-even *1 Including FORXAI and QOL solutions FY25 6M FY24 6M FY25 6M FY24 6M 2.3 2.7 6.7 2.9 41.4 36.6 50.4 42.1 -5.0 -1.4 ◼ Healthcare ◼ Imaging IoT solutions, etc. ◼ Visual solutions [¥ billions]
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FY2025 EARNINGS FORECAST © KONICA MINOLTA Turn Around 2025
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© KONICA MINOLTA FY2025 Earnings Forecast | Summary Revision to the full fiscal year earnings forecast based on the 6M results and FOREX trends ⚫ Change in Euro exchange rate assumptions from ¥160 to ¥165 ⚫ Mitigated impact of U.S. reciprocal tariffs FY24 Results FY25 Forecast (previous) Change Revenue 1,127.9 1,050.0 - Business contribution profit 31.9 52.5 +1.5 Operating Profit -64.0 48.0 - Profit attributable to owners of the Company -47.5 24.0 +3.0 Dividends (yen/share) 0 10 - ROE (%) - 5.0 +0.2 CAPEX*1 41.6 45.0 45.0 - Depreciation and Amortization Expenses*2 52.8 50.0 50.0 - R&D expenses 59.6 58.0 58.0 - FCF 75.7 35.0 35.0 - FOREX [Yen] *3 Revenue Operating profit USD 152.58 144.90 145.52 -7.06 +2.5 -0.1 EUR 163.75 160.95 166.53 +2.78 +1.6 +0.5 48.0 27.0 5.2 10 FY25 Forecast 1,050.0 54.0 FOREX Sensitivity [¥ billions] *1 Not including the expenses for acquiring real estate trust beneficiary interests in the land of Tokyo Site Hino *2 Depreciation and amortization expenses include those from discontinued operations *3 Forecast exchange rate is a weighted average of actual and forecast exchange rates 12
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FY2025 Earnings Forecast | By Segment 13© KONICA MINOLTA [¥ billions] Digital Workplace 616.4 570.0 575.0 +5.0 Professional Print 284.7 *1 244.0 246.0 +2.0 Industry 119.3 130.0 129.0 -1.0 Imaging Solutions 106.9 106.0 100.0 -6.0 Corporate, etc. 0.7 0.0 0.0 - Company overall 1,127.9 1,050.0 1,050.0 - Digital Workplace 35.8 6% 38.0 7% 39.0 7% +1.0 Professional Print 13.0 5% 13.5 6% 13.0 5% -0.5 Industry 14.0 12% 21.0 16% 21.0 16% - Imaging Solutions -10.3 - 0.0 - 0.0 - - Corporate, etc. -20.5 - -20.0 - -19.0 - +1.0 Company overall 31.9 3% 52.5 5% 54.0 5% +1.5 Digital Workplace 14.0 2% 38.0 7% 39.0 7% +1.0 Professional Print -13.2 - 13.5 6% 13.0 5% -0.5 Industry -12.7 - 21.0 16% 21.0 16% - Imaging Solutions -25.9 - 0.0 - 0.0 - - Corporate, etc. -26.1 - -24.5 - -25.0 - -0.5 Company overall -64.0 - 48.0 5% 48.0 5% - Ratio ChangeOperating profit FY24 Results Ratio Ratio FY25 Forecast Business contribution profit FY24 Results Ratio FY25 Previous forecast Ratio FY25 Forecast Ratio Change Revenue FY24 Results FY25 Previous forecast FY25 Current Forecast Change FY25 Previous forecast *1 Including approximately ¥41.3 billions from overseas MPM business
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Toward Continuous Enhancement of Corporate Value 14© KONICA MINOLTA Toward formulation of the next Medium-term Business Plan ROE 5% FY25 status Further growth ROE 8% or more FY25 Medium term Long term Turn Around 2025 Establish growth foundation Deliver results Expand growth ⚫ Steady progress toward the management goals of the Medium-term Business Plan (such as ROE of 5%) ⚫ Accelerate growth of the Industry Business ⚫ Strengthen the profitability of the Business Technologies Business (by improving the profitability of office and ensuring the growth of Professional Print) ⚫ Improve capital efficiency (by strengthening the financial structure and optimizing capital efficiency for each business segment) ⚫ Nurture growth seeds ⚫ Strengthen cash generation capability and optimize capital allocation
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-3.2 -1.7 -1.6 -1.2 -1.9 -4.2 -4.0 -2.7 15© KONICA MINOLTA Business contribution loss history FY23 6M FY24 6M FY25 6M ０ 0.3 ◼ DW-DX ◼ Industrial print ◼ Imaging IoT solutions, etc. DW-DX: ⚫ Achieved profitability in 6M Industrial print: ⚫ Struggled mainly in the U.S., as customer investments were postponed amid uncertainty over tariffs and the economic environment Imaging IoT solutions, etc.: ⚫ Losses have steadily narrowed Management Challenges (Progress of Previously Loss-Making Businesses) [¥ billions]
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Reinforcement of Financial Structure | Status of Balance Sheet (Compared to End of FY24) 16© KONICA MINOLTA End of Mar. 2025 End of Sep. 2025 USD 149.52 148.88 EUR 162.08 174.47 RMB 20.59 20.88 End of Mar. 2025 End of Sep. 2025 Change Factors of change Cash and cash equivalents 89.9 93.6 3.7 Trade and other receivables 289.6 279.4 -10.2 Reduction mainly in Business Technologies Business Inventories 207.6 224.1 16.5 Increase due to U.S. reciprocal tariffs Other financial assets 35.8 26.7 -9.0 Valuation gain and partial sale of Tempus AI shares Other current assets 38.5 41.4 2.9 Assets held for sale 26.3 - -26.3 Transfer of business of overseas MPM and MOBOTIX, and others (zero balance as of September 30, 2025) Total current assets 687.8 665.4 -22.4 Property, plant and equipment 265.6 254.7 -11.0 Change due to the acquisition of real estate trust beneficiary interests of Tokyo Site Hino Goodwill and intangible assets 171.3 174.9 3.6 Other non-current assets 92.9 96.7 3.8 Total non-current assets 529.8 526.2 -3.6 Total assets 1,217.6 1,191.6 -26.0 End of Mar. 2025 End of Sep. 2025 Change Factors of change Trade and other payables 170.7 165.5 -5.3 Bonds and borrowings 343.3 342.6 -0.7 Lease liabilities 94.9 68.7 -26.2 Change due to the acquisition of real estate trust beneficiary interests of Tokyo Site Hino Provisions 34.4 17.3 -17.1 Provision for business selection and concentration, etc. Liabilities directly associated with assets held for sale 15.8 - - (Zero balance as of September 30, 2025) Other liabilities 100.3 90.7 -9.6 Total liabilities 743.6 684.7 -58.9 Equity attributable to owners of the Company 463.2 495.7 32.5 Non-controlling interests 10.9 11.2 0.3 Total equity 474.1 506.9 32.8 Total liabilities and equity 1,217.6 1,191.6 -26.0 FOREX [¥ billions] [¥]
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FY24 6M FY25 6M FY25 6M details Profit (loss) before tax -10.0 20.0 Improvement in profit through operating profit, improvement in financial balance Depreciation and amortization expense 37.3 28.6 (Increase) decrease in trade and other receivables 9.2 16.7 (Increase) decrease in inventories -2.7 -11.2 Increase mainly in Business Technologies Business due to U.S. reciprocal tariffs Turnover (months) 4.08 4.67 Increase (decrease) in trade and other payables -0.6 -10.5 Others -5.5 -26.9 Net cash provided by (used in) operating activities 27.8 25.1 Purchase of property, plant and equipment -12.5 -30.0 Purchase of the property, plant and equipment (including the acquisition of trust beneficiary interests in the land of Tokyo Site Hino） Purchase of intangible assets -7.5 -6.1 Proceeds from sales of subsidiaries 9.3 5.7 Payments for sales of subsidiaries - -1.2 Proceeds from sales of investment securities 0.1 17.1 Others -0.5 1.3 Net cash provided by (used in) investing activities -11.0 -13.2 Free cash flow 16.7 11.9 Reinforcement of Financial Structure | Inventories and Operating CF/FCF 17© KONICA MINOLTA [¥ billions]
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6.1 6.8 6.8 7.0 FY17 FY23 FY24 FY25 Employee Engagement Enhancement 18© KONICA MINOLTA Conducted the “Your Voice” Global Employee Survey 34k employees responded globally Both response rate and score improved from the last year Engagement Score*1 93% response rate (FY24 91%) *1 Average score for the relevant question in the Global Employee Survey (on a 0 – 10 scale). The relevant question for the engagement score is: ‘How likely is it you would recommend Konica Minolta as a place to work?’ …
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19© KONICA MINOLTA ⚫ February 5, 2026 Q3 Financial Results Presentation ⚫ May 2026 FY2025 Financial Results Presentation Notice ⚫ Location: BLUE FRONT SHIBAURA TOWER S 1-1-1, Shibaura, Minato-ku, Tokyo ⚫ Relocation Schedule: February 2027 Financial results-related Briefings Growth seeds ESG Upcoming IR Events ⚫ November 25 Barrier Film of Perovskite Solar Cell ⚫ FY2025 Q4 Optical Components for Semiconductor Production Equipment ⚫ Around January 2026 Sustainability ⚫ Around Spring 2026 Medium-term Business Plan Konica Minolta to Relocate Headquarters
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APPENDIX © KONICA MINOLTA https://www.konicaminolta.com/shared/changeable/investors/include/fr/pdf/ 2026/2026_2q_presentation_supplementary.xlsx Some of the materials that had been disclosed on this presentation slides have been changed to disclosure on the website. You can download and check it from below.
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22© KONICA MINOLTA FY2025 6M Performance | Summary (Including Discontinued Operations) With discontinued With discontinued FY24 6M FY24 6M FY25 6M YoY w/o FOREX FY24 Q2 FY24 Q2 FY25 Q2 YoY w/o FOREX Revenue 583.7 557.9 513.2 -8% -6% 297.5 284.2 262.0 -8% -8% Gross Profit 260.7 243.5 228.2 -6% -4% 134.3 125.1 117.9 -6% -6% Gross Profit ratio 44.7% 43.6% 44.5% +0.9pt 45.1% 44.0% 45.0% +1.0pt SG＆A 242.9 227.2 204.3 -10% -9% 118.0 110.6 103.3 -7% -7% SG＆A ratio 40.7% 40.7% 39.8% -0.9pt 39.7% 38.9% 39.4% +0.5pt Business Contribution Profit 17.8 16.3 23.8 +46% +56% 16.2 14.5 14.7 +1% +0% Business Contribution Profit ratio 3.1% 2.9% 4.6% +1.7pt 5.4% 5.1% 5.6% +0.5pt Operating Profit -0.7 -1.0 23.0 - - -0.3 0.8 12.9 +1525% +1519% Profit attributable to owners of the Company*1 -10.7 22.6 - -7.3 15.3 - FCF*2 16.7 11.9 -29% 25.0 30.7 +23% FOREX [Yen] USD 152.63 146.04 -6.59 149.38 147.48 -1.90 EUR 165.95 168.06 +2.11 164.01 172.32 +8.31 Based on continuing operations Based on continuing operations [¥ billions] *1, *2 Including those from discontinued businesses
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Financial Results | Overview 23© KONICA MINOLTA [¥ billions] As the Precision Medicine Business is a discontinued operation, it has been excluded from revenue through profit before tax and R&D expenses retroactively from the beginning of FY24. FY24 6M FY25 6M YoY FY24 Q2 FY25 Q2 YoY Revenue 557.9 513.2 -8% 284.2 262.0 -8% Gross Profit 243.5 228.2 -6% 125.1 117.9 -6% Gross Profit ratio 43.6% 44.5% +0.8pt 44.0% 45.0% +1.0pt SG＆A 227.2 204.3 -10% 110.6 103.3 -7% Business Contribution Profit 16.3 23.8 +46% 14.5 14.7 +1% Business Contribution Profit ratio 2.9% 4.6% +1.7pt 5.1% 5.6% +0.5pt Other income and costs -17.4 -0.9 - -13.8 -1.7 - Operating Profit -1.0 23.0 - 0.8 12.9 +1525% Operating Profit ratio - 4.5% - 0.3% 4.9% +4.7pt Finance income and costs -9.2 -2.9 - -7.8 -1.8 - Profit before tax -10.2 20.0 - -7.0 11.2 - Profit before tax ratio - 3.9% - - 4.3% - Profit attributable to owners of the Company -10.7 22.6 - -7.3 15.3 - Profit attributable to owners of the Company ratio - 4.4% - - 5.9% - EPS [Yen] -21.66 45.76 -14.68 31.03 CAPEX *1 17.4 36.2 9.6 11.2 Depreciation and Amortization Expenses *2 26.2 19.6 13.0 9.8 R&D expenses 29.9 26.8 15.1 13.6 FCF 16.7 11.9 25.0 30.7 Investment and lending 0 - 0 - *1 Including the expenses for acquiring real estate trust beneficiary interests for the land of Tokyo Site Hino *2 Not including IFRS16 right-of-use assets amortization expenses
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FY2025 6M Performance | Revenue & Profit by Segment (Including Discontinued Operations) 24© KONICA MINOLTA YoY w/o FOREX YoY w/o FOREX Digital Workplace -6% -5% -4% -5% Professional Print -11% -8% -17% -17% Industry -2% -1% +3% +4% Imaging Solutions -16% -15% -17% -16% Corporate, etc. -9% +68% +4% +168% Discontinued operations - - - - Company overall -8% -6% -8% -8% FY24 6M ratio FY24 6M ratio FY25 6M ratio YoY w/o FOREX FY24 Q2 ratio FY24 Q2 ratio FY25 Q2 ratio YoY w/o FOREX Digital Workplace 19.1 6% 19.1 6% 18.2 6% -5% -5% 12.3 8% 12.3 8% 10.8 7% -12% -19% Professional Print 6.5 5% 6.5 5% 4.9 4% -25% -9% 4.8 7% 4.8 7% 3.5 6% -27% -22% Industry 7.5 12% 7.5 12% 9.6 16% +27% +35% 3.8 13% 3.8 13% 5.3 17% +41% +54% Imaging Solutions -5.0 - -5.0 - -1.4 - - - -0.9 - -0.9 - 0.0 0% - - Corporate, etc. -11.8 - -11.9 - -7.5 - - - -5.3 - -5.4 - -5.0 - - - Discontinued operations 1.4 5% - - 1.6 12% - - Company overall 17.8 3% 16.3 3% 23.8 5% +46% +56% 16.2 5% 14.5 5% 14.7 6% +1% +0% FY24 6M ratio FY24 6M ratio FY25 6M ratio YoY w/o FOREX FY24 Q2 ratio FY24 Q2 ratio FY25 Q2 ratio YoY w/o FOREX Digital Workplace 6.6 2% 6.6 2% 17.7 6% +169% +166% 2.1 1% 2.1 1% 10.6 7% +409% +371% Professional Print 4.9 4% 4.9 4% 2.8 2% -43% -22% 3.3 5% 3.3 5% 2.3 4% -28% -20% Industry 7.2 12% 7.2 12% 9.6 16% +34% +43% 4.1 14% 4.1 14% 5.3 17% +29% +40% Imaging Solutions -5.9 - -5.9 - 0.4 1% - - -1.7 - -1.7 - -0.3 - - - Corporate, etc. -13.8 - -13.8 - -7.5 - - - -7.0 - -7.0 - -5.1 - - - Discontinued operations 0.2 1% - - -1.2 - - - Company overall -0.7 - -1.0 - 23.0 4% - - -0.3 - 0.8 0% 12.9 5% +1525% +1519% Revenue 148.8 139.1 123.8 71.4 71.4 59.6 FY24 6M FY24 Q2 FY24 Q2 307.6 287.8 155.6 155.6 FY25 6M FY25 Q2 60.4 59.1 29.5 29.5 30.4 50.4 42.1 27.6 27.6 23.0 0.3 0.3 0.1 0.1 0.2 557.9 513.2 297.5 284.2 262.0 Business Contribution Profit Operating Profit FY24 6M 307.6 139.1 With discontinued operations Based on continuing operationsWith discontinued operations Based on continuing operations 13.325.8 60.4 50.4 0.3 583.7 [¥ billions]
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Operating Profit/Profit for the Period Detail 25© KONICA MINOLTA [¥ billions] FY24 6M FY25 6M FY25 6M detail Business Contribution Profit 16.3 23.8 Other income Gain on sales of shares in subsidiaries - 2.3 Gain on realization of foreign currency translation adjustment associated with the transfer of shares of MOBOTIX AG, etc. Other income 2.6 2.7 Gain on sales of property, plant and equipment and land at production site in China (Wuxi), etc. Other income total 2.6 4.9 Other expenses Loss on sales of shares in subsidiaries - 2.2 Loss on realization of foreign currency translation adjustment associated with the transfer of shares of Konica Minolta Marketing Services Holding Company Limited, etc. Business structure improvement expenses 16.4 0.5 Loss on sales and disposals of property, plant and equipment, and intangible assets 1.0 0.5 Other expenses 2.5 2.7 Other expenses total 20.0 5.8 Operating Profit -1.0 23.0 Finance income Interest and dividend income 1.5 1.5 Foreign exchange gain - - Other 0.2 1.1 Finance income total 1.6 2.6 Finance costs Interest expenses 4.6 4.2 Lease interest 1.4 1.1 Foreign exchange loss 4.6 0.1 Other 0.3 0.1 Finance costs total 10.8 5.6 Profit before tax -10.2 20.0 Income tax expense (income) 1.3 5.0 Profit from continuing operations -11.5 15.1 Profit from discontinued operations 0.8 8.3 Profit for the period -10.7 23.4 Profit attributable to owners of the Company -10.7 22.6 Profit attributable to non-controlling interests -0.0 0.8
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26© KONICA MINOLTA Quarterly Financial Results by Segment: Revenue As the Precision Medicine Business is a discontinued operation, it has been excluded from the results from FY24 Q3 onwards and has also been excluded for the full fiscal year retroactively to the beginning of FY24. [¥ billions] [Revenue] Q1 Q2 ６M Q3 Q4 Total Q1 Q2 ６M Digital Workplace 152.0 155.6 307.6 150.9 157.8 616.4 138.9 148.8 287.8 Office 129.0 133.4 262.5 129.9 135.0 527.4 118.5 126.4 244.8 DW-DX 23.0 22.2 45.2 21.0 22.8 89.0 20.5 22.5 42.9 Professional Print 67.6 71.4 139.1 68.5 77.1 284.7 64.3 59.6 123.8 Production print 42.2 44.1 86.3 43.6 46.3 176.3 54.2 49.5 103.6 Industrial print 8.4 11.9 20.3 9.6 14.5 44.3 10.1 10.1 20.2 Marketing services*1 17.1 15.5 32.5 15.3 16.3 64.1 - - - Industry 31.0 29.5 60.4 28.7 30.1 119.3 28.7 30.4 59.1 Sensing 8.8 9.3 18.1 9.6 10.3 38.1 9.2 10.2 19.3 Performance materials 13.1 10.7 23.9 9.8 9.5 43.2 11.1 11.0 22.2 IJ components 5.3 4.7 10.0 4.4 5.6 20.0 4.2 4.6 8.7 Optical components 3.7 4.8 8.5 4.9 4.6 18.0 4.2 4.6 8.9 Imaging Solutions 22.8 27.6 50.4 25.6 30.9 106.9 19.1 23.0 42.1 Healthcare 18.8 22.6 41.4 20.6 24.5 86.4 16.9 19.7 36.6 Imaging IoT solutions, etc.*2 3.1 3.6 6.7 3.6 4.2 14.6 1.3 1.6 2.9 Visual solutions 0.9 1.4 2.3 1.4 2.2 6.0 1.0 1.7 2.7 Corporate, etc. 0.2 0.1 0.3 0.2 0.2 0.7 0.1 0.2 0.3 Precision Medicine 12.6 13.3 25.8 - - - - - - Company overall 286.2 297.5 583.7 274.0 296.0 1,127.9 251.2 262.0 513.2 FY25FY24 *1 Marketing services unit has been integrated into production print unit since FY25 *2 Revenue from QOL solutions and FORXAI is included
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27© KONICA MINOLTA [¥ billions] *1 Industry Business: Sensing, performance materials, IJ components, optical components, industry business development center, industry business strategy office *2 Imaging Solutions Business: Healthcare(former medical imaging), imaging IoT solutions, etc.(including QOL solutions, FORXAI), visual solutions *3 Corporate, etc.: Technical development headquarters, other corporate [Business Contribution Profit] Q1 Q2 6M Q3 Q4 Total Q1 Q2 6M Digital Workplace 6.8 12.3 19.1 11.0 5.7 35.8 7.4 10.8 18.2 Professional Print 1.8 4.8 6.5 4.2 2.2 13.0 1.4 3.5 4.9 Industry*1 3.8 3.8 7.5 3.2 3.3 14.0 4.3 5.3 9.6 Imaging Solutions*2 -4.0 -0.9 -5.0 -2.2 -3.1 -10.3 -1.4 0.0 -1.4 Corporate, etc.*3 -6.5 -5.3 -11.8 -3.7 -5.0 -20.5 -2.5 -5.0 -7.5 Precision Medicine -0.2 1.6 1.4 - - - - - - Company overall 1.6 16.2 17.8 12.5 3.1 31.9 9.2 14.7 23.8 [Operating Profit] Q1 Q2 6M Q3 Q4 Total Q1 Q2 6M Digital Workplace 4.5 2.1 6.6 9.0 -1.6 14.0 7.1 10.6 17.7 Professional Print 1.7 3.3 4.9 3.9 -22.1 -13.2 0.4 2.3 2.8 Industry*1 3.1 4.1 7.2 -24.9 4.9 -12.7 4.3 5.3 9.6 Imaging Solutions*2 -4.3 -1.7 -5.9 -1.6 -18.5 -25.9 0.6 -0.3 0.4 Corporate, etc.*3 -6.8 -7.0 -13.8 -3.9 -8.4 -26.1 -2.4 -5.1 -7.5 Precision Medicine 1.4 -1.2 0.2 - - - - - - Company overall -0.4 -0.3 -0.7 -17.4 -45.6 -64.0 10.1 12.9 23.0 FY25FY24 Quarterly Financial Results by Segment: Profit As the Precision Medicine Business is a discontinued operation, it has been excluded from the results from FY24 Q3 onwards and has also been excluded for the full fiscal year retroactively to the beginning of FY24.
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28© KONICA MINOLTA Japan 98% 96% 96% 96% 97% 98% U.S. 100% 97% 96% 95% 99% 103% Europe 96% 101% 99% 94% 96% 91% China 107% 85% 122% 88% 95% 92% India 108% 119% 116% 113% 100% 104% Overall 100% 99% 100% 97% 96% 97% Without FOREX Japan 99% 97% 95% 98% 98% 101% U.S. 101% 102% 98% 94% 93% 103% Europe 97% 104% 99% 97% 100% 98% China 104% 88% 118% 95% 97% 100% India 104% 110% 110% 106% 112% 111% Overall 102% 103% 102% 98% 100% 102% Non-hard by region Office FY25 Quarterly Performance | Hard and Non-hard Revenue YoY Non-hard by region Production Print
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29© KONICA MINOLTA [FOREX: ¥] [Impact, Sensitivity: ¥ billions] FY24 FY25 6M 6M Revenue OP Revenue OP USD 152.63 146.04 -8.0 +0.7 +2.5 -0.1 EUR 165.95 168.06 +1.5 -0.0 +1.6 +0.5 GBP 195.46 195.96 -0.1 +0.0 +0.2 +0.1 European Currency*1 - - +1.2 -0.1 +2.2 +0.8 RMB 21.15 20.30 -1.2 -0.6 +2.5 +0.8 Others - - -3.3 -1.4 - - Exchange contract effect - - - -0.2 - - Total - - -11.3 -1.6 - - YoY Impact FX Sensitivity*2 *1 European currency: Currencies used in Europe including EUR/GBP *2 FOREX Sensitivity: FOREX impact at ¥1 change (annual) FOREX Impact on Revenue and Operating Profit
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30© KONICA MINOLTA Imaging Solutions Business Industry Business FY2024 Business Technol- ogies Business Corporate, etc. (Technology Development Headquarters, and other CO) Digital Workplace Business ◼ Office ◼ DW-DX Professional Print Business ◼ Production print ◼ Industrial print ◼ Marketing services ◼ Sensing ◼ Performance materials ◼ Inkjet components ◼ Optical components ◼ Healthcare ◼ Imaging IoT solutions, etc. (including QOL solutions and FORXAI) ◼ Visual solutions Precision Medicine Business Discontinued operations Imaging Solutions Business Industry Business From FY2025 Q1 Business Technol- ogies Business Corporate, etc. (Technology Development Headquarters, and other CO) Digital Workplace Business ◼ Office ◼ DW-DX Professional Print Business ◼ Production print (including marketing services) ◼ Industrial print ◼ Sensing ◼ Performance materials ◼ Inkjet components ◼ Optical components ◼ Healthcare ◼ Imaging IoT solutions, etc. (including QOL solutions and FORXAI) ◼ Visual solutions Precision Medicine Business Discontinued operations Changes in Segment Information due to Organizational Changes
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31© KONICA MINOLTA ⚫ Business Contribution Profit Original index of the Company, the profit subtracted sales cost, SG&A from revenue ⚫ HSI (Hyper Spectral Imaging): Sensing unit An imaging technique in which a wide range of wavelengths are divided into multi -wavelengths. This technique can be used to sort different types of plastics that cannot be identified by the human eye or an RGB camera ⚫ SANUQI: Performance materials unit Trademark of a new resin film, used as a material in electronic devices for displays ⚫ SAZMA: Trademark of a new acrylic resin film, used as a material for displays. SAZMA is used for display surface protection f or its flexibility and high impact resistance ⚫ Color production print machine segments: Production print unit ELPP（Entry Light Production Print) Monthly printing volume: 0.1 -0.3 million sheets for low-priced products mainly for large companies' centralized printing rooms LPP（Light Production Print) Monthly printing volume: 0.1 -0.3 million sheets for commercial printing MPP（Mid Production Print) Monthly printing volume: 0.3-1 million sheets for commercial printing HPP（Heavy Production Print) Monthly printing volume:1 million sheets or more for commercial printing ⚫ MPM: Marketing service unit Marketing Print Management. The service helps clients optimize return on investment of print production of promotional materi als for marketing divisions of major global corporations. ⚫ Operation optimizing services: DW-DX unit Services that provides business content management and business process management ⚫ AI SaaS services: DW-DX unit Services developed in-house such as AI-based interpretation, knowledge management, and learning support ⚫ Managed IT Services: DW-DX unit Services that support all operations in a company’s IT department. These wide -ranging services include support for a product’s l ifecycle, including the creation of plans for deploying things such as PCs and servers, operating systems, software, and networks, as well as the actual deployment, co ntracted operation and support, management, maintenance, and contracted collection ⚫ FORXAI: Imaging IoT solutions unit, etc. Business unit that develops a company-wide common technology platform centered on AI technology ⚫ QOL Solutions: Imaging IoT solutions unit, etc. Business unit that develops monitoring solutions for care facilities Glossary
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Cautionary Statement: The forecasts mentioned in this material are the results of estimations based on currently available information, and accordingly, contain risks and uncertainties. The actual results of business performance may sometimes differ from those forecasts due to various factors. Remarks: Yen amounts are rounded to the nearest 100 million.