Management Message
Since the establishment of our business in 1873, we have utilized imaging technologies to create a great deal of social value, in alignment with Our Philosophy of "The Creation of New Value,"
After the integration of Konica and Minolta in 2003, we have been transforming our business portfolio to drive “genre-top strategies,” focusing management resources on areas where we can expect growth while refining our technological capabilities and excellence. In addition, in accordance with the management vision for 2030 "Imaging to the People," our dedication remains unchanged to deliver socially meaningful value based on our technological capabilities in imaging and our engagement with customers.
We are currently pursuing the selection and concentration of our businesses. Industry, Professional Print, and Healthcare are businesses that have cyclical demand but can be expected to grow continuously over the medium to long term. To achieve the growth, our management resources are concentrated on a priority basis. For office business, which has supported our main earnings for a long time, we will continue to improve the profitability by changing business structure based on the assumption of reduced print volume in offices. On the other hand, we have remaining challenges in profitability in some businesses, which we had entered to capture business opportunities as times change. Considering the growth potential of the market and the social value of the businesses, we move forward by utilizing third-party capital for the non-focused businesses from a best-owner perspective and improving profitability through change of direction in some businesses.
In addition to steadily pursuing the selection and concentration of these businesses in line with our plan, we are working to improve productivity through global structural reforms, thereby improving the profitability of the Group and strengthening our financial base.
Sustainability has always been at the core of our management vision. We believe that contributing to the realization of a sustainable society - a society where everyone can live with a sense of purpose - is the only way to achieve the sustainable growth of the company. We will continue to create social value through our businesses and revive ourselves again to be a company that continues to grow with society.
2024 December
Toshimitsu Taiko
President & CEO
Konica Minolta, Inc.