Konica Minolta, Inc. · TSE:4902
Konica Minolta — Investor Presentation (April 2026)
34 slides from Konica Minolta's investor presentation, Apr 23, 2026
Slide 1: Konica Minolta, Inc. Corporate Plan 2026-2028
Konica Minolta, Inc. Corporate Plan 2026-2028 April 23, 2026 Toshimitsu Taiko President and CEO, Representative Executive Officer © KONICA MINOLTA
Slide 2: Review of the Medium-term Business Plan (2023-2025)
Review of the Medium-term Business Plan (2023-2025) © KONICA MINOLTA 2
Slide 3: Medium-term Business Plan (2023-2025) | Positioning
Medium-term Business Plan (2023-2025) | Positioning Medium-term Business Plan FY22 FY23 FY24 FY25 FY26- Phase1 Phase2 Phase3 Back on track Breaking away Business selection and Establishing a for sustainable from the past concentration foundation for growth growth Turn Around 2025 © KONICA MINOLTA 3
Slide 4: Medium-term Business Plan (2023-2025) | Results of Measures
Medium-term Business Plan (2023-2025) | Results of Measures ⚫ Precision Medicine: Business Transfer Non-focused businesses ⚫ Marketing Services: Overseas MPM Business Transfer Business ⚫ Optical components: Transfer of equity in one subsidiary in China selection and concentration Direction-changing
Slide 5: Medium-term Business Plan (2023-2025): On track to achieve ROE 5% target
Medium-term Business Plan (2023-2025) On track to achieve ROE 5% target Medium-term FY25 plan FY25 outlook [¥ billions] Business Plan (%) (Announced (February 2026) （2023-2025） April 2024) 1,200 12 Revenue [¥ billions] Total 1,050.0 1,075.0 Strengthening businesses*1 470.0 431.5 10 Business Company-
Slide 6: Issues to Be Addressed in the Corporate Plan 2026-2028
Medium-term Business Plan (2023-2025) | Issues to Be Addressed in the Corporate Plan 2026-2028 Issues in the Medium-term Business Plan (2023-2025) ⚫ Underachievements of targets in the strengthening businesses* ⚫ Profitability of some businesses ⚫ Financial balance improvement Challenges to address
Slide 7: Corporate Plan 2026-2028
Corporate Plan 2026-2028 © KONICA MINOLTA 7
Slide 8: FY2026-2028 Building the foundation for long-term growth
Corporate Plan 2026-2028 FY2026-2028 Building the foundation for long-term growth ROIC-based management and strengthening business portfolio management ⚫ Improve gross profit ratio Further strengthening ⚫ Reduce SG&A expense ratio the earnings base ⚫ Improve financial balance ⚫ Ehnahce capital effic
Slide 9: Corporate Plan 2026-2028 | Macroeconomic Assumptions
Corporate Plan 2026-2028 | Macroeconomic Assumptions FOREX ⚫ Assumption: 150 USD/JPY and 175 EUR/JPY Interest rate ⚫ Outlook: Japan to hike, U.S. to cut, Europe to rise or remain stable U.S. reciprocal ⚫ China: 22.5%, the others: 15% tariffs ⚫ Energy costs are expected to be impacted by rising geopo
Slide 10: Corporate Plan 2026-2028 | Management Indicators
Corporate Plan 2026-2028 | Management Indicators CAGR [¥ billions] (%) 3% FY25 outlook （February 2026） FY28 target 1,200 12 Revenue 1,075.0 billion yen CAGR 3% FY25-FY28 Business contribution profit ratio 5.0% 6.5% 800 8 6.5% Net profit ratio 2.5% 3.8% Financial leverage 2.2 400 4 Total asset turnov
Slide 11: Sales and Business Contribution Profit by Business
Corporate Plan 2026-2028 | Sales and Business Contribution Profit by Business Business Revenue Business contribution profit breakdown contribution profit FY25 FY25 [¥ billions] CAGR CAGR 4% 6% Outlook (FY25-FY28) Outlook (FY25-FY28) (February 2026) (February 2026) 15% Industry 129.0 9% 21.0 15% 28%
Slide 12: Practice of ROIC-Based Management to Improve Corporate Value
Practice of ROIC-Based Management to Improve Corporate Value ROIC Tree Driver Priority Initiatives Gross profit Sustainable profit growth in the ROIC ratio Industry Business improvement Business Technologies Business - Continued profit growth ROE - Operational efficiency Financial leverage SG&A expe
Slide 13: Business Portfolio Management: Stricter business decisions based on ROIC
Business Portfolio Management Stricter business decisions based on ROIC Pursuit of sales growth Further growth Industry Business Production Efficiency (ROIC) IJ Optical Invested Capital print Performance Sensing materials components components WACC 6% Office Reform of the Accelerating and earnings s
Slide 14: Industry Business
Industry Business Strengthening customer touchpoints in fundamental areas, improving production efficiency, and increasing sales in growth-driving areas Business Revenue Contribution Profit Further growth Blue: Growth-driving areas CAGR 9% Sensing Expansion of Hyperspectral Imaging (HSI) and mobilit
Slide 15: Business Technologies Business | Digital Workplace Business
Business Technologies Business | Digital Workplace Business Achieving sustainable growth and profit generation ⚫ Growth of the Digital Workplace Business by accelerating the integration of office and DW-DX ⚫ Realization of the industry's highest level of productivity through AI transformation (AX) (
Slide 16: Business Technologies Business | Professional Print Business
Business Technologies Business | Professional Print Business Achieving sustainable growth and profit generation ⚫ Driving analog-to-digital shift and market creation in commercial and industrial print Business Pursuit of sales growth Revenue Contribution Profit Production print ⚫ Accelerating digita
Slide 17: Imaging Solutions (Healthcare and Visual Solutions)
Imaging Solutions (Healthcare and Visual Solutions ) Enhancing profitability and improving asset efficiency Business Reform of the earnings structure Revenue Contribution Profit Healthcare ⚫ Reforming business foundation CAGR 2% • Inventory reduction through SCM enhancement • Global manufacturing an
Slide 18: Cost Optimization
Cost Optimization R&D expenditures Optimizing fixed costs Tax rate Around 5％ of revenue 0.5-1ppt Approx. 30% improvement Strategic allocation to Optimization of cross- Tax expense optimization maximize investment returns business functions by region ⚫ Strengthening investment in medium- to ⚫ Standar
Slide 19: Enhancing Customer Value and Transforming Operations through AI and Data Utilization
Enhancing Customer Value and Transforming Operations through AI and Data Utilization - Enabling the Augmentation of Individual and Organizational Capabilities Beyond Simple Human Substitution Leveraging AI and data to improve operational efficiency, shift to higher value-added activities, and enhanc
Slide 20: Balance Sheet
Balance Sheet Improving asset efficiency and increasing total asset turnover through reductions in inventory and trade receivables, as well as interest-bearing liabilities FY25 outlook End of FY28 [¥ billions] （February 2026） Total asset turnover 0.98X Trade receivables Interest-bearing Interest-bea
Slide 21: Capital Allocation
Capital Allocation ⚫ Prioritizing cash allocation to growth investments ⚫ Balancing allocation between strengthening of the financial structure (reduction of interest-bearing liabilities) and shareholder returns FY26-28 Cumulative Cash in Cash out Capital expenditures, investment and lending 180.0 b
Slide 22: Promoting the Commercialization of Growth Seeds for Sustainable Growth
Promoting the Commercialization of Growth Seeds for Sustainable Growth Leveraging AI with core technologies to expand from existing areas into growth areas Existing Areas Growth Areas Expanding Digital human and Printing industry Optical components capabilities Materials Physical AI for semiconducto
Slide 23: Concept of the Growth of Growth Seeds
Concept of the Growth of Growth Seeds • Process monitoring of biomanufacturing Revenue* of • Technology-driven inorganic growth • New growth seeds approximately (including optical components for semiconductors) 15-20 • Intelligent recycled materials billion yen • Perovskite solar cell-related techno
Slide 24: Practice of ROIC-Based Management | KPI
Practice of ROIC-Based Management to Improve Corporate Value | KPI ROIC Tree Driver KPI toward FY28 Gross profit Business contribution Gross profit ROIC ratio ratio profit ratio improvement improvement Approx. 1.5ppt ROE SG&A Cost expense ratio Corporate Financial Leverage efficiency Value (PBR) Imp
Slide 25: FY26 Guidance
FY26 Guidance [¥ billions] FY25 outlook FY26 guidance （February 2026） Revenue 1,075.0 Increase of around 2% Business 54.0 Slight increase contribution profit ⚫ Reflecting macroeconomic assumptions ⚫ Discontinued operations: Part of Tempus AI shares remains unsold as of the end of March 2026 © KONICA
Slide 26: Sustainability
Sustainability © KONICA MINOLTA 26
Slide 27: Long-term Environmental Vision
Long-term Environmental Vision Creating businesses that contribute to decarbonization and circular economy 40 million tons of CO2 emissions Product lifecycle CO2 emissions since the Konica Minolta integration Base year (2005~2050) (Scope 1, 2, and 3)*1 -30％ Vision 1 -33％ -36％ -50％ Lifecycle CO2 emis
Slide 28: Human Capital Vision
Human Capital Vision Developing talent that continuously learn, cross business and regional boundaries, and stay committed to results ⚫ Strengthening talent for business continuity and growth • Re-skill and up-skill focusing on AI/core Transforming into a Human capital technologies corporate culture
Slide 29: Revision to the Executive Compensation and Introduction of TSR
Revision to the Executive Compensation Linked to the Achievement of the Medium- term Business Plan and Introduction of Total Shareholder Return (TSR) Key revisions ⚫ Reduction in base salary ratio ⚫ Increase in stock bonus ratio ⚫ Introduction of a performance-linked stock bonus scheme based on rela
Slide 30: Toward PBR of 1.0X
Toward PBR of 1.0X Toward ROE of 10%+ ROE 8% ROE 5% FY2025 Medium term Long term Governance ⚫ Introducction of TSR into executive compensation Management with a Execution Capability Enhancement ⚫ Execution of growth strategies with a focus on the focus on stock price Industry Business ⚫ Steady comme
Slide 31: KONICA MINOLTA
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Slide 32: APPENDIX
y= I IKONICA MINOLTA APPENDIX Giving Shape to Ideas © KONICA MINOLTA
Slide 33: Historical Data
Historical Data [¥ billions] (%) 1,000 100.0 20 500 50.0 10 0 0 △500 -50.0 -10 Medium-term △1,000 -100.0 -20 Business Plan (2023-2025) △1,500 -150.0 -30 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 outlook Operating Investment FCF Business Operating profit ROE (February 2026) cash flow cas
Slide 34: Cautionary Statement
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. Remar