KONICA MINOLTA,INC. announced its results for the first quarter of the fiscal year ending March 2027 on 30 July. Net sales rose 2.9% year on year to ¥258.5 billion, while Business Contribution Profit increased 25.8% to ¥11.5 billion. Operating profit fell 4.4% to ¥9.6 billion, while profit attributable to owners of the parent rose 6.8% to ¥7.7 billion. On 31 July, the day after the results announcement, the share price plunged to ¥590.8, approximately 14.5% below the previous day’s level, while trading volume increased by approximately 154% from the previous day.
KONICA MINOLTA,INC. announced its results for the first quarter of the fiscal year ending March 2027 on 30 July. Net sales rose 2.9% year on year to ¥258.5 billion, and Business Contribution Profit improved 25.8% to ¥11.5 billion. Operating profit fell 4.4% to ¥9.6 billion, while profit attributable to owners of the parent rose 6.8% to ¥7.7 billion.
According to a summary of the earnings report, operating profit fell below the year-earlier level due to the recognition of expenses and other factors, despite increases in net sales and Business Contribution Profit. Net profit continued to grow, and profitability was said to be improving.
After the results announcement, the share price plunged on 31 July by 14.48% from the previous day, or ¥100, to ¥590.8. Trading volume increased 154% from the previous day to 11,781,200 shares, with the market’s reaction to the results and the outlook for future performance cited as factors behind the move.