Toner News Mobile Forums Toner News Main Forums Konica Minolta Liquidates Chinese Print and Toner Subsidiary Amid Poor Earnings and Tariff War.

Date: Monday April 14, 2025 02:32:21 pm
  • This topic is empty.
Viewing 1 post (of 1 total)
  • Author
    Posts

  • toner
    Keymaster

    Konica Minolta to Liquidate WUXI Manufacturing Subsidiary in China.
    Konica Minolta has announced plans to liquidate its manufacturing subsidiary, Konica Minolta Business Technologies (WUXI) Co., Ltd., as part of its strategy to optimize production efficiency. The WUXI plant, which primarily produces imaging products, ceased operations in February 2025. This move is designed to streamline the companyโ€™s global supply chain and improve operational flexibility.

    The closure is expected to result in a financial loss of approximately 6 billion yen for the fiscal year ending March 2025, impacting the companyโ€™s financial outlook. However, Konica Minolta remains focused on long-term efficiency, aiming to reduce operational complexity and enhance competitiveness in the global market.

    This decision aligns with the companyโ€™s medium-term business plan, which seeks to consolidate manufacturing capabilities and embrace advanced technologies like AI and automation. Despite the short-term financial impact, Konica Minolta is committed to driving innovation and ensuring a stable supply system for its customers worldwide.

Viewing 1 post (of 1 total)
  • You must be logged in to reply to this topic.