Konica Minolta ( (JP:4902) ) has shared an announcement.
Konica Minolta has revised its full-year forecasts for the fiscal year ending March 31, 2025, due to expected operating losses from share transfers and impairment losses. Despite a slight decrease in revenue, the company anticipates an increase in business contribution profit, driven by strong performance in its Business Technologies segment. The company is undergoing significant management reforms as part of its Medium-term Business Plan, which includes divesting certain subsidiaries to bolster its financial base and profitability.
More about Konica Minolta
Konica Minolta, Inc. operates in the technology industry, primarily focusing on business technologies, including imaging products and services. The company is listed on the Tokyo Prime Market and is known for its efforts to enhance business profitability and management systems.
YTD Price Performance: -15.62%
Average Trading Volume: 300
Technical Sentiment Signal: Buy
Current Market Cap: $1.39B
For a thorough assessment of 4902 stock, go to TipRanks’ Stock Analysis page.