Konica Minolta (4902) AI Stock Analysis

• Market Cap: ¥223.54B
• Dividend Yield: 0.96%
• Average Volume (3M): 2.98M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.08
• Revenue Growth: -2.77%
• EPS Growth: -1151.40%
• Country: JP
• Employees: 38,263
• Sector: Industrials
• Sector Strength: 89
• Industry: Business Equipment & Supplies
• EPS (TTM): -68.89
• Shares Outstanding: 502,664,340
• 10 Day Avg. Volume: 3,179,700
• 30 Day Avg. Volume: 2,984,303
• PEG Ratio: <0.01
• Price to Book (P/B): 0.49
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 8.89
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ¥559.93
• Price Target Upside: 23.85% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 6

• Rating: 44 Neutral
• Price Target: ¥441.00 ▼(-2.46%Downside)

Konica Minolta's overall stock score is influenced by financial performance and technical analysis, both of which highlight challenges. The company's negative profitability and high leverage weigh heavily. Although there is some cash flow stability, the lack of positive technical momentum and unattractive valuation further contribute to the low score.

Konica Minolta Business Overview & Revenue Model

Company Description

Konica Minolta, Inc. engages in digital workplace, professional print, healthcare, and industrial businesses in Japan, the United States, Europe, China, other Asian countries, and internationally. The company develops, manufactures, and sells multi-functional peripherals, digital printing systems, and related consumables, as well as IT and printing solutions and services. It also provides healthcare systems, such as digital X-ray diagnostic imaging, diagnostic ultrasound systems, and other systems, as well as digitalization, networking, solutions, and services in the medical field; genetic diagnostic and drug discovery support services. In addition, the company offers measuring instruments; functional film displays; organic light emitting diode lighting products; industrial inkjet printheads; lenses for industrial and professional use; and imaging-IoT and visual solutions. Konica Minolta, Inc. was founded in 1873 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Konica Minolta generates revenue through multiple streams, primarily from the sale of its products and services across its business segments. The Business Technologies segment, which includes office equipment like multifunction printers and IT services, is a significant contributor to its earnings. The company also earns from its Healthcare segment by providing diagnostic imaging solutions, such as X-ray and ultrasound systems, to medical institutions. Additionally, Konica Minolta's Industrial Business segment includes the sale of optical devices and measuring instruments. The company leverages strategic partnerships and acquisitions to expand its market presence and enhance its technological capabilities, which further contribute to its revenue growth.

Konica Minolta Financial Statement Overview

Summary

Konica Minolta faces profitability challenges with declining revenue and high leverage. Despite some cash flow resilience, operational inefficiencies and negative profit margins undermine financial stability.

Income Statement

Konica Minolta's income statement reveals challenges with profitability. The gross profit margin has been declining, and the company reported a negative net profit margin in the latest fiscal year, indicating losses. Although revenue growth was seen in earlier years, recent periods have shown a decline. The negative EBIT and EBITDA margins highlight operational inefficiencies and financial distress.

Balance Sheet

The balance sheet shows a moderate financial position. The debt-to-equity ratio indicates a high level of leverage, suggesting potential risk if earnings do not improve. However, the equity ratio is above average, which provides some stability. Return on equity has been negative, aligning with the company's recent losses.

Cash Flow

The cash flow statement presents mixed signals. While operating cash flows remain positive, free cash flow has been inconsistent, with recent improvements. The operating cash flow to net income ratio is high due to negative net income, complicating profitability assessment. The ability to generate cash flow is crucial for financial stability.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	1.13T	1.16T	1.13T	911.43B	863.38B
Gross Profit	479.42B	504.68B	485.94B	392.74B	374.65B
EBITDA	-60.74B	102.63B	105.59B	60.35B	66.32B
Net Income	-47.85B	4.52B	-103.15B	-26.12B	-15.21B
Balance Sheet
Total Assets	1.22T	1.39T	1.41T	1.34T	1.30T
Cash, Cash Equivalents and Short-Term Investments	89.90B	127.13B	183.06B	118.64B	127.03B
Total Debt	438.17B	522.58B	568.29B	448.65B	410.70B
Total Liabilities	743.56B	834.67B	913.90B	776.62B	749.05B
Stockholders Equity	463.15B	539.82B	487.42B	549.81B	539.89B
Cash Flow
Free Cash Flow	25.30B	38.21B	-27.46B	-23.61B	37.86B
Operating Cash Flow	51.09B	83.34B	13.32B	37.44B	78.06B
Investing Cash Flow	24.65B	-44.53B	-37.50B	-51.00B	-34.33B
Financing Cash Flow	-110.90B	-96.85B	84.32B	2.13B	-13.09B

Konica Minolta Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 452.10
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4902, the sentiment is Negative. The current price of 452.1 is below the 20-day moving average (MA) of 459.47, below the 50-day MA of 452.40, and below the 200-day MA of 535.15, indicating a bearish trend. The MACD of -0.56 indicates Positive momentum. The RSI at 47.97 is Neutral, neither overbought nor oversold. The STOCH value of 27.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:4902.

Konica Minolta Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6448	74 Outperform	$645.22B	11.78	7.94%	3.96%	6.52%	73.06%
4901	69 Neutral	$3.60T	13.80	7.89%	2.01%	7.93%	7.10%
8060	67 Neutral	€557.27B	15.31	9.38%	2.36%	8.52%	21.01%
7752	66 Neutral	¥742.06B	16.69	4.42%	2.92%	7.62%	8.47%
Sector *	64 Neutral	kr59.87B	13.61	1.88%	2.30%	0.43%	-4.82%
4902	44 Neutral	¥223.54B	―	-18.21%	0.96%	-2.77%	-1151.40%

Konica Minolta Corporate Events

Konica Minolta Finalizes Subsidiary Share Transfer

Konica Minolta has completed the transfer of shares of its subsidiary, Konica Minolta Marketing Services Holding Company Limited, to adm Group LIMITED. This change, effective June 30, 2025, results in the exclusion of the subsidiary from Konica Minolta’s consolidated financial statements, with minimal impact expected on the company’s financial results for the fiscal year ending March 31, 2026.

The most recent analyst rating on (JP:4902) stock is a Hold with a Yen500.00 price target. To see the full list of analyst forecasts on Konica Minolta stock, see the JP:4902 Stock Forecast page.

Konica Minolta Reports Decline in Profitability for Fiscal Year 2025

Konica Minolta reported its consolidated financial results for the fiscal year ending March 31, 2025, showing a slight increase in revenue but a significant decline in operating profit and overall profitability compared to the previous year. The company has classified its Precision Medicine Business as a discontinued operation, impacting its financial metrics. The results indicate challenges in maintaining profitability, with a notable decrease in total assets and equity, and a negative cash flow from financing activities, which may affect stakeholders’ confidence.

The most recent analyst rating on (JP:4902) stock is a Buy with a Yen750.00 price target. To see the full list of analyst forecasts on Konica Minolta stock, see the JP:4902 Stock Forecast page.

Konica Minolta Completes Share Transfer of MOBOTIX AG

Konica Minolta has completed the transfer of all its shares in MOBOTIX AG to Certina Software Investments AG, resulting in MOBOTIX being excluded from its consolidated subsidiary list. This strategic move is expected to impact the company’s financial results, with the effects on the fiscal year ending March 2026 currently under examination.

Konica Minolta Completes Global Structural Reforms to Boost Profitability

Konica Minolta has completed its global structural reforms as part of its Medium-term Business Plan for 2023-2025, resulting in a reduction of 2,701 employees and a cost saving of 19 billion yen. These reforms are expected to enhance profitability, contributing an additional 10 billion yen to business profits in fiscal year 2025 and 14 billion yen in 2026.

Konica Minolta Revises Full-Year Forecasts Amid Management Reforms

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.