Konica Minolta and FUJIFILM Business Innovation explore a potential strategic alliance in multifunction printer and printer areas to optimize procurement, toner development, and production efficiencies.
Konica Minolta and FUJIFILM Business Innovation have signed a memorandum of understanding to begin a feasibility study for a strategic alliance in the multifunction printer (MFP), office printer and production printer segments. Konica Minolta and FUJIFILM Business Innovation are considering a business alliance to strengthen their business foundation including the development of a robust supply system for their products. The companies are also seeking to expand other business alliances.
In procurement business alliance, they are exploring the establishment of a joint venture to coordinate the procurement of raw materials and parts. Another area is toner development and production business. There are also other business alliances being explored for strategic collaborations.
Toshimitsu Taiko, President and CEO, Konica Minolta said, “Sharing a common understating of the challenges facing the business, the two leading companies will be able to mutually maximize strengths through this alliance. I am looking forward to working together to improve investment efficiency and cost-competitiveness, strengthen capabilities for stable supply, environmental initiatives, and business continuity plans (BCP), and pursue the potential for enhancing business resilience as global manufacturers.
Naoki Hama, President and CEO, FUJIFILM Business Innovation said, “The ongoing discussions for this business alliance are of immense importance as we strive to strengthen our competitiveness and expand our global presence to make a significant leap forward. We are confident that this partnership will create a new framework to enhance our supply chain and build a robust business foundation.”
