Konica Minolta Receives Grand Prize in NIKKEI Smart Work Awards 2018
Winning the accolade out of over 600 companies confirms the company excelling at Human Resources, Innovation, Marketing and Management

The NIKKEI Smart Work Management Survey examines four areas, namely, corporate competence in three areas - Human Resources, Innovation, and Marketing - plus Management Fundamentals, which is deemed critical for sustainable corporate development. Companies were evaluated based on 18 indicators drawn from the results of surveys of companies, consumer surveys, and publicly available data.

Konica Minolta has been striving to transform itself in order to offer products and services from its customers’ viewpoint, and places innovation at the core of SHINKA 2019, the company’s current medium-term business plan for sustainable corporate growth. Under this plan, the company is accelerating efforts to evolve into a digital company with insight into implicit challenges. Winning the Grand Prize indicates that Konica Minolta’s actions are in line with the concept of Smart Work Management and the company is delighted to receive this recognition of its efforts.

Konica Minolta's Actions

1. Advancing Personnel Diversity to Drive Innovation

Recognizing that the personnel diversity is the source of innovation, Konica Minolta is rapidly reforming workstyles and creating a corporate culture in which members with diverse backgrounds can use their skills to the fullest.

Evaluation indicator	Actions taken by Konica Minolta
Implementation and use of technology	Effectively sharing knowledge by using cutting-edge systems and improving human work efficiency by Robotic Process Automation (RPA) Building a security-focused remote-work environment covering all members of the company
Promotion of diversity	Encouraging mid-career and international recruiting Hiring diverse personnel and acquiring technologies by facilitating M&A
Diverse and flexible workstyles	Permitting members to take on a second job or work concurrently and introducing the Job Return System to encourage members to apply their external work experience to their work at Konica Minolta
Investment in human resources	Implementing a short-term overseas training program for young members

2. Encouraging Innovation for Sustainable Business Growth

Konica Minolta is encouraging innovation in all aspects of its transformation into a company that offers solutions from its customers’ viewpoint by raising the level of its digital imaging technologies and acquiring new technologies through M&A to combine with IoT and AI.

Evaluation indicator	Actions taken by Konica Minolta
Development of new business	Opening a Business Innovation Center (BIC) in five locations around the world to develop and offer new businesses tailored to local needs and markets
Structure for promoting innovation	Educating members on the KM-Way methodology, which specifies the concept, process and mechanisms for promoting digital innovation, and applying the methodology Implementing the TRANSFORM AWARD program to share best practices in transformation efforts
Collaboration with external parties	Opening Konica Minolta Hachioji SKT, R&D labs for collaboration with external organizations

3. Developing Markets by Offering New Value

Konica Minolta is striving to create new value to contribute to the evolution of business and society under SHINKA 2019, its medium-term business plan for sustainable growth.

Evaluation indicator	Actions taken by Konica Minolta
Implementation and use of technology	Promoting the implementation of digital marketing as a management policy
Brand prowess	Posting centralized information on the top pages of Konica Minolta’s websites in 104 countries around the world Placing advertisements globally on unified themes, such as new business
Market expansion	Introducing the design-thinking principle to continue to create valuable society- and human-centric concepts

4. Management Base Highly Recognized for ESG

Konica Minolta is actively promoting various measures to become a world leader in ESG practices.

Evaluation indicator	Actions taken by Konica Minolta
Comprehensive evaluation of governance, social contribution and information disclosure	Adopting the system of a company with a nominating committee, etc. since 2003 Designating the environment and social innovation as priority issues and promoting efforts to solve social problems while ensuring business growth to achieve the SDGs Providing information to investors through briefings on ESG efforts and actively disclosing information on the IR website

Encouraged by winning the Grand Prize, Konica Minolta remains committed to innovation to become a company that continues to create new value to advance business and human society.

Four areas covered by the NIKKEI Smart Work Management Survey and evaluation indicators

(Source: The Nikkei (Nihon Keizai Shimbun); the largest business daily newspaper in Japan , December 18, 2017)

Human-Resources (7 indicators)	Corporate policy / plan and responsibility structure; implementation and use of technology; promotion of diversity; diverse and flexible workstyles; investment in human resources; enhancement of engagement and motivation; recruitment and retention of human resources
Innovation (5 indicators)	Corporate policy / plan and responsibility structure; implementation and use of technology; development of new business; structure for promotion of innovation; collaboration with external parties
Marketing (5 indicators)	Corporate policy / plan and responsibility structure; implementation and use of technology; brand prowess; market penetration; market expansion
Management fundamentals (1 indicator)	Comprehensive evaluation of governance, social contribution and information disclosure