Overview
Electric Appliances

KONICA MINOLTA,INC.

Konica Minolta is a diversified technology company operating across four core segments: Digital Workplace (MFPs, IT services, and document solutions), Professional Print (digital printing systems for industrial and commercial markets), Industry (sensing/measurement instruments, functional films, inkjet heads, and optical lenses), and Imaging Solutions (healthcare imaging diagnostics, medical ICT services, and image IoT/video solutions). The company leverages its proprietary optical and imaging technologies to serve enterprise, healthcare, and industrial customers globally. Its competitive strengths lie in deep optical expertise, a broad global sales and service network spanning major markets across Asia, Europe, North America, and Oceania, and an expanding software and services portfolio.

Market Cap
¥326B
US$2.08B
EV
¥608B
US$3.87B
Stock¥658.9▼-0.59%
US$1 = ¥157.05 (2026-10-22)
LTM EV/EBITDA
5.5
x
LTM EV/EBIT
12.0
x
LTM PER
10.0
x
LTM PBR
0.6
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-1.6%pt
10012345
Oct 23, 25 – Oct 23, 26StockTOPIX
1Nov 6, 25H1 net profit ¥22.6bn beat ¥11bn consensus estimate
2Mar 3, 26Effissimo Capital Management Pte. Ltd. changed stake (9.16%→9.55%)
3Apr 23, 26New mid-term plan announced: ROE target 8%, net margin 3.8%, ¥90bn growth investment
4Apr 24, 26New mid-term plan disappoints: FY27/3 profit only slight rise from ¥54bn, FY29/3 target ¥78bn seen as weak
5Jun 2, 26Effissimo Capital Management Pte. Ltd. changed stake (9.55%→10.6%)
MC → EV Bridge
326BUS$2.08BMarket Cap397BUS$2.53B+ Debt117BUS$745M− Cash10.9BUS$69.3M− Inv. Sec.12.6BUS$80.3M+ NCI608BUS$3.87BEV
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Performance & Balance
Revenue 5Y (¥B)
911US$5.80B'22/31,130US$7.20B'23/31,160US$7.39B'24/31,128US$7.18B'25/31,088US$6.93B'26/3
EBITDA 5Y (¥B)
53.5US$340M'22/3-19.8-US$126M'23/3102US$649M'24/310.6US$67.3M'25/3109US$691M'26/3
Net Income 5Y (¥B)
-26.1-US$166M'22/3-103-US$657M'23/34.52US$28.8M'24/3-92.4-US$588M'25/332.2US$205M'26/3
Capital Structure
58%
42%
EquityD/E 0.72xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
118US$749M449US$2.86B'22/3181US$1.15B568US$3.62B'23/3127US$810M523US$3.33B'24/389.9US$572M438US$2.79B'25/3111US$705M398US$2.54B'26/3
Shareholders
Top 10 hold 43.1%
1
The Master Trust Bank of Japan, Ltd. (Trust Account)
16.33%
2
Custody Bank of Japan, Ltd. (Trust Account)
8.06%
3
JPMSPLC CLIENT ASSETS SK JPY (Standing Proxy: Citibank, N.A., Tokyo Branch)
3.22%
4
MLI FOR SEGREGATED PB CLIENT (Standing Proxy: BofA Securities Japan Co., Ltd.)
3.02%
5
SMBC Trust Bank Ltd. (Retirement Benefit Trust, Sumitomo Mitsui Banking Corporation Account)
2.39%
6
Nippon Life Insurance Company (Standing Proxy: The Master Trust Bank of Japan, Ltd.)
2.18%
7
JP JPMSE LUX RE CITIGROUP GLOBAL MARKETS L EQ CO (Standing Proxy: MUFG Bank, Ltd.)
2.17%
8
STATE STREET BANK AND TRUST COMPANY 505001 (Standing Proxy: Mizuho Bank, Ltd.)
1.92%
9
MUFG Bank, Ltd.
1.92%
10
THE CHASE MANHATTAN BANK, N.A. LONDONSECS LENDING OMNIBUS ACCOUNT (Standing Proxy: Mizuho Bank, Ltd.)
1.91%
Management
10 officers
Toshimitsu OKO
Director
Apr 1986 Joined Minolta Camera Co., Ltd. Jun 2012 Director; General Manager, Corporate Planning Division and General Manager, Business Innovation Division, Konica Minolta Business Technologies, Inc. Apr 2013 Group Executive Officer of the Company; CEO, Konica Minolta Business Solutions U.S.A., Inc. Apr 2015 Executive Officer of the Company Apr 2017 General Manager, Professional Print Business Division Jan 2018 General Manager, Office Business Division Apr 2018 Managing Executive Officer Jun 2018 Director, Managing Executive Officer Apr 2020 Director, Senior Managing Executive Officer Apr 2022 Director, Representative Executive Officer, President and CEO (current)
1962-11-30
Soichiro SAKUMA
Director, Chair of the Audit Committee, Member of the Nominating Committee
Apr 1978 Joined Nippon Steel Corporation Apr 2009 Executive Officer, Nippon Steel Corporation Apr 2012 Managing Executive Officer, Nippon Steel Corporation Jun 2012 Managing Director, Nippon Steel Corporation Oct 2012 Managing Director, Nippon Steel & Sumitomo Metal Corporation Apr 2014 Representative Director and Senior Executive Vice President, Nippon Steel & Sumitomo Metal Corporation Apr 2018 Director, Nippon Steel & Sumitomo Metal Corporation Jun 2018 Senior Adviser, Nippon Steel & Sumitomo Metal Corporation Apr 2019 Senior Adviser, Nippon Steel Corporation Jul 2020 Adviser, Nippon Steel Corporation Jun 2020 Director of the Company (current) Jul 2020 Adviser, NS Solutions Corporation (current)
1956-02-15
Masumi MINEGISHI
Director, Chair of the Nominating Committee, Member of the Compensation Committee
Apr 1987 Joined Recruit Co., Ltd. Apr 2003 Executive Officer, Recruit Co., Ltd. Apr 2004 Managing Executive Officer, Recruit Co., Ltd. Jun 2009 Director and Managing Executive Officer, Recruit Co., Ltd. Apr 2011 Director and Senior Managing Executive Officer, Recruit Co., Ltd. Apr 2012 Representative Director, President and CEO, Recruit Co., Ltd. Oct 2012 Representative Director, President and CEO, Recruit Holdings Co., Ltd. Apr 2021 Representative Director, Chairman of the Board and Chair of the Board of Directors, Recruit Holdings Co., Ltd. (current) Jun 2022 Director of the Company (current)
1964-01-24
Takuko SAWADA
Director, Chair of the Board, Member of the Nominating Committee
Apr 1977 Joined Shionogi & Co., Ltd. Apr 2007 Executive Officer and General Manager, Pharmaceutical Development Division, Shionogi & Co., Ltd. Apr 2010 Managing Executive Officer and General Manager, Pharmaceutical Development Division, Shionogi & Co., Ltd. Apr 2011 Senior Managing Executive Officer and Head of Global Development Office, Shionogi & Co., Ltd. Jun 2015 Director, Senior Managing Executive Officer and General Manager, Corporate Strategy Division, Shionogi & Co., Ltd. Apr 2017 Director, Senior Executive Officer and General Manager, Corporate Strategy Division, Shionogi & Co., Ltd. Apr 2018 Director and Vice President, Shionogi & Co., Ltd. Jul 2022 Director and Vice Chairman, Shionogi & Co., Ltd. Jun 2023 Director of the Company (current) Jun 2025 Vice Chairman, Shionogi & Co., Ltd. (current)
1955-03-11
Toshiya EGUCHI
Director
Apr 1986 Joined Akai Electric Co., Ltd. Nov 1989 Joined Konica Corporation Apr 2014 General Manager, System Technology Development Center, Development Division, Konica Corporation Apr 2016 General Manager, System Technology Development Department, Business Development Division, Konica Corporation Apr 2017 Executive Officer; General Manager, IoT Service Platform Development Division, Konica Corporation Apr 2021 Managing Executive Officer, in charge of Technology, IoT Service Platform Development, Image IoT Solutions Business and Video Solutions Business, Konica Corporation Apr 2022 Managing Executive Officer, in charge of Technology, Image IoT Solutions Business and Video Solutions Business, Konica Corporation Apr 2024 Managing Executive Officer, in charge of Technology, Konica Corporation Apr 2026 Managing Executive Officer, Special Assignment, Konica Corporation (current)
Saeko ARAI
Director, Member of the Nominating Committee, Audit Committee and Compensation Committee
Oct 1987 Joined Eiwa Audit Corporation (currently Azsa LLC) Aug 1992 Registered as Certified Public Accountant (re-registered Jan 1997) Oct 1993 Joined Sasaki Certified Public Accountant Office Apr 1997 Joined Internet Research Institute Inc. (IRI) Sep 1998 Director and CFO, IRI Feb 2000 CFO and Director, IRI USA, Inc. Nov 2002 President, Chief Executive Officer, Secretary and Director, IRI USA, Inc. Established Gratia Co., Ltd. (now Accurei Co., Ltd.); Representative (current) Jun 2025 Director of the Company (current)
1964-02-06
Yoshihiko KAWAMURA
Director, Chair of the Compensation Committee, Member of the Nominating and Audit Committees
Apr 1979 Joined Mitsubishi Corporation Apr 2010 Executive Officer, Mitsubishi Corporation Apr 2015 Joined Hitachi, Ltd. Apr 2017 Executive Officer, Hitachi, Ltd. Apr 2018 Senior Executive Officer, Hitachi, Ltd. Apr 2020 Representative Executive Officer, Executive Vice President, Hitachi, Ltd. Apr 2022 Representative Executive Officer, Executive Vice President, Hitachi, Ltd. Apr 2024 Executive Advisor to the President & CEO, Hitachi, Ltd. Apr 2026 Executive Vice President, Executive Officer and Head of Finance, Kioxia Holdings Corporation (current) Apr 2026 Executive Vice President, Executive Officer and Head of Finance, Kioxia Corporation (current) Jun 2025 Director of the Company (current)
1956-08-20
Hiroyuki SUZUKI
Director, Member of the Nominating Committee, Audit Committee and Compensation Committee
Apr 1979 Joined Minolta Camera Co., Ltd. Apr 2004 General Manager, China Sales Promotion Office, MFP Overseas Sales Division, Konica Minolta Business Technologies, Inc. Jun 2006 General Manager, Audit Committee Office, the Company Jun 2009 General Manager, Internal Audit Office, the Company Apr 2012 Executive Officer, the Company Jun 2019 Director of the Company (current)
1957-03-16
Yoshihiro HIRAI
Director
Apr 1991 Joined The Mitsubishi Bank, Ltd. Jun 2019 Resigned from MUFG Bank, Ltd. Jul 2019 Joined the Company; General Manager, Finance Division Apr 2021 Senior Executive Officer, the Company Apr 2023 Managing Executive Officer, the Company Jun 2023 Director and Managing Executive Officer, the Company Apr 2026 Director and Senior Managing Executive Officer, the Company (current)
1967-12-05
Noriyasu KUZUHARA
Director
Apr 1990 Joined the Company Apr 2010 General Manager, Development Division, Konica Minolta Opto, Inc. Oct 2012 Deputy General Manager, Functional Materials Division, Konica Minolta Advanced Layers, Inc. Apr 2014 General Manager, Functional Materials Division, Advanced Layers Company, the Company Apr 2015 Executive Officer; General Manager, Functional Materials Division, the Company Apr 2016 Managing Executive Officer, the Company Apr 2017 General Manager, Materials & Components Division, the Company Apr 2018 General Manager, Development Division, the Company Apr 2023 General Manager, Corporate Planning Division, the Company Jun 2023 Director and Managing Executive Officer, the Company (current)
1966-01-06
Large Shareholding Reports
Sumitomo Mitsui Banking Corporation
2026-10-22
2.36%→2.36%
Nomura Asset Management Co., Ltd.
2026-10-22
2.72%→2.82%
Nomura Asset Management Co., Ltd.
2026-10-06
2.72%
Sumitomo Mitsui Trust Asset Management Co., Ltd.
2026-10-06
2.99%→2.55%
Sumitomo Mitsui DS Asset Management Company, Limited
2026-06-22
2.81%
Nomura Asset Management Co., Ltd.
2026-06-19
4.65%→4.29%
Effissimo Capital Management Pte. Ltd.
2026-06-02
9.55%→10.60%
Effissimo Capital Management Pte. Ltd.
2026-03-03
9.16%→9.55%
Sumitomo Mitsui DS Asset Management Company, Limited
2026-02-20
3.74%→2.55%
Sumitomo Mitsui Trust Asset Management Co., Ltd.
2025-09-19
3.57%→2.99%
Effissimo Capital Management Pte. Ltd.
2025-08-07
7.48%→9.16%
Effissimo Capital Management Pte. Ltd.
2025-06-20
5.81%→7.48%
Effissimo Capital Management Pte. Ltd.
2024-10-22
5.81%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-10-22
Large Shareholding Report
EDINET
2026-10-22
Large Shareholding Report
EDINET
2026-10-06
Large Shareholding Report
EDINET
2026-10-06
Large Shareholding Report
TDnet
2026-07-30
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-22
Large Shareholding Report
EDINET
2026-06-19
Large Shareholding Report
EDINET
2026-06-12
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-06-02
Large Shareholding Report
TDnet
2026-05-22
株主総会招集通知
EDINET
2026-03-03
Large Shareholding Report
EDINET
2026-02-20
Large Shareholding Report
TDnet
2026-02-05
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-11
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2025-09-19
Large Shareholding Report
EDINET
2025-08-07
Large Shareholding Report
TDnet
2025-07-31
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-20
Large Shareholding Report
EDINET
2025-06-13
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-13
Q3 Earnings Flash
FY ending Mar 2025
TDnet
2025-02-06
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-12
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
EDINET
2024-10-22
Large Shareholding Report
TDnet
2024-08-09
Q1 Earnings Flash
FY ending Mar 2025
TDnet
2024-07-31
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-19
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-08
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-10
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-21
Annual Securities Report
Period: Apr 2022 – Mar 2023
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