Report pick

January 2017
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Konica Minolta

Tokyo, Japan

Konica Minolta


Report Facts

Company name: Konica Minolta, Inc.
Fiscal year end: March 31, 2016
Report title: The Creation of New Value
President and CEO: Shoei Yamana
Chairman of the Board: Masatoshi Matsuzaki
Number of books: 1
Report length: 148 pages
Auditors: KPMG AZSA LLC
Website: www.konicaminolta.com
Contact: wwws.konicaminolta.net
Design and production: N/A

Report Rating

3.5/5

(To qualify for Report pick, the minimum rating required is ★★★(★). Rating scale below)

Profile-Mission

Using photographic film and camera technologies as a base, Konica Minolta is continually creating new value... Business domains comprise: Office Services; Commercial and Industrial Printing; Healthcare Business; Performance Materials; Optical Systems for Industrial Use.

(Report excerpts. Italics are own company’s words)

Key Figures

Net sales: Yen 1,031,740 million
Operating profit: Yen 60,069 million
Profit before tax: Yen 58,029 million
Earnings per share: Yen 64.39
Dividend per share: Yen 30.0
Return on equity: 6.5%
Net debt to equity: 0.13 times
Employees: 43,332 

(Source: wording and figures sourced from the annual report)

Competitors

  • Canon
  • Ricoh
  • Xerox
  • HP 
  • ...
 

Triple A

  • Solid and strongly supported CEO message. 
  • Excellent review of business areas, strategies, strengths, year achievements. 
  • Market Data by Segment.
 

Double A

  • Rather concise book. 
  • Lively introductive Overview reminding historical milestones and depicting Innovation practices.
  • Fully charted Financial and Non-Financial Highlights giving a long-term perspective.
  • Value Creation Process finely charted and later developed in a Value Chain table. 
  • Very good presentation of CSR Management, including Social Impact.
  • Comprehensive 10-Year Financial Summary, including key ratios.
  • Intelligible MD&A, ending with an Outlook and a detailed Forecast.  
 

Simple A

  • The online report is an uneven mix of - too few- HTML ingredients and -many?- PDF download options. 
  • Improved disclosure on governance introduced by a Discussion
  • Share and investor indicators not sufficient.
  • Environmental matters not up to requirements in such a business.
 

B Sides

  • Although the business is obvious -at least for some- a real company profile in words is not easy to find.
  • Risk matters clearly insufficient.
  • Notes to statements unevenly commented.
 

How does the company report in key areas? What are the main report pluses and minuses? The Report Scan gives an overview of strengths and weaknesses, and scores each item.
Contact e.com@reportwatch.net

 

Selected Page

(Konica Minolta Annual Report 2016: p 27-28)
Konica Minolta Annual Report 2016: p 27-28


Rating Scale
5
First-Rate
4.5
Excellent
4
Very good
3.5
Sound
3
Average
2.5
Uneven
2
Common
1.5
Substandard
1
Poor
0.5
Uncompetitive
The rating is based on ReportWatch internal desk research and does not take into account the independent Rating Panel’s judgment.