Konica Minolta Reforms Production Printing Business Aiming for Further Expansion
Tokyo (July 29, 2010)- Konica Minolta Group will reform its organization in pursuit of further strengthening competitiveness and expanding applications in its production printing business - a segment positioned as our priority business.
Outline of the Reform
Konica Minolta Business Technologies, Inc. (Konica Minolta BT), and Konica Minolta Medical & Graphics, Inc. (Konica Minolta MG) have decided to spin-off graphic imaging business of Konica Minolta MG and transfer it to Konica Minolta BT as of October 1, 2010. Domestic sales companies, Konica Minolta Business Solutions Japan Co. Ltd-a subsidiary of Konica Minolta BT, and Konica Minolta Graphic Imaging Japan Co., Ltd.-a subsidiary of Konica Minolta MG, will integrate on the same day.
Purpose of the Reform
Konica Minolta Group is widely involved in various businesses including office equipment, optical devices, medical systems and measuring instruments. Among these business segments, the production printing segment, targeting commercial printing and in-house printing as its major markets, is expected to further grow in the future. In the MANAGEMENT POLICY <09 - 10> formulated last year, production printing is defined as a strategic field which supports one of the basic policies, “Achieving Strong Growth.”
Through this organizational reform, knowledge nurtured in the long years of experience in the commercial printing business and the business knowhow accumulated in the digital printing systems will be aggregated in Konica Minolta BT. By fusing high quality renowned in the commercial printing market and significantly environmentally conscious technology refined in the office equipment business, we will further strengthen competitiveness and expand applications in the production printing field.
Konica Minolta Group is currently shifting management resources in the growth expected business fields and markets, and steadily pursuing “genre-top strategy” to attain top positions in the designated markets. We will continue to promote development of competitive and innovative products and strengthen sales force, thus ensuring strong growth of the Konica Minolta Group and maximize corporate value.