Konica Minolta (4902) AI Stock Analysis

• Market Cap: $346.08B
• Dividend Yield: 0.71%
• Average Volume (3M): 2.02M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.06
• Revenue Growth: -11.22%
• EPS Growth: -731.07%
• Country: JP
• Employees: 38,263
• Sector: Industrials
• Sector Strength: 72
• Industry: Business Equipment & Supplies
• EPS (TTM): 31.02
• Shares Outstanding: 502,664,340
• 10 Day Avg. Volume: 2,231,320
• 30 Day Avg. Volume: 2,022,523
• PEG Ratio: <0.01
• Price to Book (P/B): 0.54
• Price to Sales (P/S): 0.22
• P/FCF Ratio: 9.84
• Enterprise Value/Market Cap: 1.70
• Enterprise Value/Revenue: 0.56
• Enterprise Value/Gross Profit: 1.32
• Enterprise Value/Ebitda: 10.34
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 55 Neutral
• Price Target: ¥705.00 ▲(0.61% Upside)

Konica Minolta's overall stock score is primarily influenced by its financial challenges and valuation concerns. Despite strong technical indicators suggesting bullish momentum, the negative P/E ratio and low dividend yield highlight valuation issues. Financial performance remains a critical area of concern, with profitability and revenue growth needing improvement.

Positive Factors

Cash Flow Improvement

Improved cash flow management enhances financial flexibility, allowing Konica Minolta to invest in strategic initiatives and reduce debt.

Balanced Leverage Position

A balanced leverage position provides stability and reduces financial risk, enabling the company to navigate economic fluctuations effectively.

Stable Gross Profit Margin

A stable gross profit margin indicates consistent pricing power and cost management, supporting long-term profitability despite revenue challenges.

Negative Factors

Negative Revenue Growth

Declining revenue growth suggests challenges in market demand or competitive positioning, potentially impacting future profitability and market share.

Negative Net Profit Margin

A negative net profit margin highlights profitability issues, which may strain resources and limit the ability to reinvest in growth opportunities.

Negative Return on Equity

Negative return on equity indicates inefficiencies in generating shareholder returns, which can deter investment and affect long-term growth prospects.

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 several key streams. Primarily, it makes money from the sale of hardware, such as printers and multifunction devices, which are often sold alongside consumables like toner and paper. The company also offers service contracts for maintenance and support, providing a recurring revenue model. Additionally, Konica Minolta has developed a robust portfolio of IT services and software solutions that cater to businesses looking to optimize their workflows and digital document management. Significant partnerships with technology firms and an emphasis on innovative solutions, such as cloud-based services and data analytics, further contribute to its earnings, enabling the company to adapt to the evolving needs of its customers.

Konica Minolta Financial Statement Overview

Summary

Konica Minolta faces significant financial challenges with declining revenues, negative net income, and weak margins. The balance sheet shows moderate leverage but negative return on equity, and cash flow issues highlight liquidity concerns.

Income Statement

Konica Minolta's income statement shows a declining revenue trend with a negative revenue growth rate of -3.10% in the TTM period. The gross profit margin remains relatively stable at around 42%, but the net profit margin is negative, indicating losses. The EBIT and EBITDA margins are also weak, reflecting operational challenges. Overall, the company struggles with profitability, which impacts its income statement score.

Balance Sheet

The balance sheet reveals a moderate debt-to-equity ratio of 0.93, suggesting a balanced approach to leveraging. However, the return on equity is negative, indicating that the company is not generating sufficient returns on its equity. The equity ratio is not explicitly provided, but the overall leverage and equity position appear stable. The balance sheet reflects a mixed financial health with some stability concerns.

Cash Flow

The cash flow statement shows a significant decline in free cash flow growth, down by 88.19% in the TTM period. The operating cash flow to net income ratio is low, indicating challenges in converting income into cash. The free cash flow to net income ratio is also weak, suggesting inefficiencies in cash generation. Overall, the cash flow position is concerning, impacting the company's liquidity and operational flexibility.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.06T	1.13T	1.16T	1.13T	911.43B	863.38B
Gross Profit	446.90B	479.42B	504.68B	485.94B	392.74B	374.65B
EBITDA	56.95B	-60.74B	106.18B	-16.80B	60.35B	66.32B
Net Income	-14.52B	-47.85B	4.52B	-103.15B	-26.12B	-15.21B
Balance Sheet
Total Assets	1.19T	1.22T	1.39T	1.41T	1.34T	1.30T
Cash, Cash Equivalents and Short-Term Investments	120.36B	89.90B	127.13B	183.06B	117.67B	123.82B
Total Debt	411.30B	438.17B	522.58B	568.29B	448.65B	410.70B
Total Liabilities	684.70B	743.56B	834.67B	913.90B	776.62B	749.05B
Stockholders Equity	495.69B	463.15B	539.82B	487.42B	549.81B	539.89B
Cash Flow
Free Cash Flow	5.04B	25.30B	38.21B	-27.46B	-23.61B	37.86B
Operating Cash Flow	48.38B	51.09B	83.34B	13.32B	37.44B	78.06B
Investing Cash Flow	22.49B	24.65B	-44.53B	-37.50B	-51.00B	-34.33B
Financing Cash Flow	-87.64B	-110.90B	-96.85B	84.32B	2.13B	-13.09B

Konica Minolta Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 700.70
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• 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 Positive. The current price of 700.7 is above the 20-day moving average (MA) of 695.25, above the 50-day MA of 651.01, and above the 200-day MA of 521.75, indicating a bullish trend. The MACD of 11.93 indicates Positive momentum. The RSI at 60.86 is Neutral, neither overbought nor oversold. The STOCH value of 66.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4902.

Konica Minolta Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8060	79 Outperform	¥754.76B	18.94	10.63%	2.03%	5.40%	23.70%
6448	76 Outperform	$811.48B	14.74	7.77%	3.16%	4.30%	78.29%
7752	74 Outperform	¥807.53B	13.33	5.91%	2.78%	4.46%	70.22%
4901	72 Outperform	¥3.97T	14.70	7.92%	2.07%	5.39%	12.69%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
4902	55 Neutral	$346.08B	-24.55	-12.69%	0.71%	-11.22%	-731.07%

Konica Minolta Corporate Events

Konica Minolta Reports Improved Profits Amid Revenue Decline

Konica Minolta reported its consolidated financial results for the six months ending September 30, 2025, showing a revenue of 513,160 million yen, an 8% decrease from the previous year. Despite the revenue drop, the company saw a significant improvement in business contribution profit, operating profit, and profit attributable to owners, reflecting a positive turnaround in its financial performance. The company’s equity ratio also improved to 41.6%, indicating a stronger financial position. The announcement highlights the discontinuation of the Precision Medicine Business, focusing on continuing operations, and a dividend of 5 yen per share for the fiscal year ending March 31, 2026, signaling a commitment to shareholder returns.

The most recent analyst rating on (JP:4902) stock is a Hold with a Yen529.00 price target. To see the full list of analyst forecasts on Konica Minolta stock, see the JP:4902 Stock Forecast page.