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The service center of the company is engaged in installation and maintenance of the equipment and also service support and delivery of spare parts. The Konica Minolta group works in 23 European countries. All divisions are engaged in implementation of imagers, the optical equipment, industrial tools and also quickly give support and the services necessary for clients.
Structure
As of the beginning of June, 2015 business of Konica Minolta is divided between three main divisions:
- Business Technologies (printers, MFP, copiers);
- Healthcare (medical equipment);
- Industrial (electronic components, optical products, measuring devices).
Business in Russia
Main article: Konica Minolta (business in Russia)
Business in France
Main article: Konica Minolta Business Solutions France
History and performance indicators
2018
Reduction in cost by $56 million within Eco Vision 2050
On November 12, 2018 ITrend reported that Konica Minolta reduced emissions CO2 and volume of waste by 116 thousand tons and 17 thousand tons respectively in comparison with indicators of 2005 financial year. "Green" initiatives allowed the company to reduce costs for 56 million dollars. Sales of environmentally friendly products brought the companies of 5.8 billion more dollars.
The global long-term ecological initiative of the company – Eco Vision 2050 – consists in reduction of emissions of CO2 during all product lifecycle for 80% by 2050 (in comparison with indicators of 2005). One of principal directions of a company performance – development and production of environmentally friendly products. During 2017 Konica Minolta put on the market 32 "green" models diversely of business – from printing to medicine. Ecoproducts brought the companies of 5.8 billion dollars, and their share of sales made 64% of total amount.
Use of environmentally friendly technologies allowed Konica Minolta to reduce in 2018 emissions CO2 and volume of waste by 10.9 thousand tons and 10.3 thousand tons respectively, in comparison with indicators of 2017. In 2019 the company is going to increase decrease in emissions of a carbon dioxide gas by 17.2 thousand tons and to increase profit on sale of "green" products to 6.8 billion dollars.
 | Environmentally friendly production and "green" products in the Russian market are rather a PR-tool, than the long-term strategy of the companies. Whereas global experience, in particular – experience of Konica Minolta, shows that ecological initiatives allow to optimize and reduce costs of the company, and "green" products entering a portfolio – to make profit. But recently it became noticeable that on "gardening" the separate large domestic companies already understand a world trend, the last begin to implement own environmentally friendly projects, and we hope that our experience will be useful to the Russian players. Artur Sinitsyn, a direktor on business development and marketing of Konica Minolta Business Solutions Russia
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Opening of branch in Japan
The Konica Minolta company announced on October 25, 2018 opening of branch Konica Minolta Precision Medicine Japan, Inc. (KMPMJ) which will focus on development of tools of exact medicine and rendering diagnostic services in Japan. 100% of stocks of KMPMJ belong to Konica Minolta. Read more here.
Acquisition of the Spanish IT service provider of Grupo Meridian
On July 16, 2018 Konica Minolta Business Solutions announced acquisition of the Spanish ICT company Grupo Meridian. Thanks to this purchase of Konica Minolta expects to strengthen the positions of the supplier of a full range of IT services in the Spanish market and beyond its limits. Read more here.
Merger of the Belgian provider of IT services Aurelium
The Konica Minolta company announced on July 9, 2018 acquisition of the Belgian provider of IT services Aurelium. According to the results of the transaction the company will save the name and identity and will continue work in Kontikh. At the same time Filip Reynards, the operating officer of Aurelium, and Geert Lambers, the account director and on Aurelium development, will continue to manage business without change of positions. The cost of the transaction does not reveal. Read more here.
Opening of Research Center in Rome for developments in the field of ICT and AI
The Konica Minolta company announced on February 22, 2018 opening of the specialized research center (RC) in Rome. About 100 researchers will be employed with developments in the field of ICT and the artificial intelligence (AI) in laboratories of the Roman Research Center, placing emphasis on applications for a future workplace.
As noted, opening of Research Center — a part of the medium-term business plan of SHINKA 2019 company on increase in investments in global innovations and transformations of business towards solutions for IoT and IT infrastructure.
Development and development of the concept of Workplace Hub — the multi-function printer (MFP) which, in addition to printing, copying and scanning, includes the server of Hewlett Packard Enterprise, Wi-Fi access point, a software platform, access to which is provided via the web browser, and the data warehouse, will become one of the main activities of Research Center. The device is supplied with own uninterrupted power source and is a fundamental element of strategy of Konica Minolta on expansion of a product portfolio for office infrastructure.
The research center will also play a leading role in Cognitive Hub development — systems which will use Edge Computing technology for consolidation of digital devices based on AI and decision making support systems. Cognitive Hub will expand possibilities of interaction of people and devices, will improve communications of individual employees and working groups and will become a key node where client information is flown down. A system will be able to be connected automatically to all digital devices, for example, for the organization of business meetings.
2017
Invicro purchase
On September 25, 2017 the Konica Minolta company announced purchase for 32 billion yens ($285 million) of the American service provider in the field of medical visualization and software development of Invicro Invicro. Read more here.
Ambry Genetics purchase
On July 6, 2017 announced purchase of the producer of means for genetic diagnostics of Ambry Genetics. The cost of the transaction will be up to $1 billion Read more here.
Plans till 2020
By 2020 Konica Minolta is going to reach an indicator in 350 million euros. Considering that many clients are "hybrid" – purchasing a traditional printing equipment, they in addition buy also IT services of the company, the planned total turnover will be 465 million euros.
It is about the services connected with content management of the enterprise (ECM), IT security and resource management of the enterprise (ERP). Thanks to it the company is going to become one of global suppliers of IT services.
The company completely reviews the line of IT products and releases resources for creation of new. For this purpose Konica Minolta, in particular, Serians (France) and Raber+Märcker (Germany) already purchased a number of the companies and carried out their step-by-step integration. Raber+Märcker works under the name of Konica Minolta IT Solutions since 2015. About 500 employees of technical support service of the company are engaged only in IT services.
2016
Revenue of the company from IT services reached 115 million euros - it is 4.8% of its total turnover.
2015: Profit increase for 50%
In June, 2015 Konica Minolta published a detailed report about the activity for 2015 financial year. Sales to the Japanese company grew more than by 7% thanks to high demand on list devices and weak yen.
Konica Minolta follows from the report that for the 12-month reporting period closed on March 31, 2015 revenue of the company exceeded 1 trillion yens ($8.2 billion) against 943.7 billion yens ($7.7 billion) the previous year. Net profit for this period jumped up almost on a half, having been 32.7 billion yens ($267 million). Operating profit reached 66.2 billion yens ($540 million), having increased by 13.9% year on year.
Europe remains the largest market of presence of Konica Minolta. There the company in 2015 financial year earned 328.7 billion yens ($2.7 billion). In the USA, Japan and other countries of Asia indicators of revenue were 235.6 billion yens ($1.9 billion), 203.7 billion yens ($1.66 billion) and 156.6 billion yens ($1.3 billion) respectively.
The division of Business Technologies finished reporting year with revenue in the amount of 819 billion ($6.7 billion) against 742 billion yens ($6 billion) the previous year. In two other large directions of the company — Healthcare and Industrial — opposite, occurred recession of sales up to 79 and 115 billion yens ($644 million and $937 million) according to 83 and 119 billion yens ($676 million and $970 million).
Depreciation of yen in relation to euro and dollar became one of growth factors of revenues of Konica Minolta. Depreciation of the Japanese national currency makes goods of local production more available to foreign buyers and raises the profit of exporters when they repatriate the foreign income home. Konica Minolta generates the most part of revenue abroad.
In 2016 financial year which began on April 1 the 2015th the company predicts sales in the amount of 1.1 trillion yens (nearly $9 billion) at net profit in 50 billion yens ($408 million).[1]
Notes
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