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Kyocera Fights Back and Dismisses
Naysayers: Print Business Remains Its Powerhouse!
Kyocera Corporation has reaffirmed its unwavering commitment to its Multifunction Printer (MFP) and printer business, emphasizing its strategic importance within the company’s core operations. Despite recent restructuring efforts aimed at enhancing profitability, Kyocera is channeling resources to bolster its document solutions segment, ensuring the continued delivery of innovative products and services to its partners and customers.Strategic Restructuring to Enhance Core Business
In light of evolving market dynamics, Kyocera has initiated a strategic divestiture of certain non-core businesses. This move is designed to reallocate management resources more effectively, allowing the company to focus on areas with significant growth potential. Norihiko Ina, Director and Managing Executive Officer at Kyocera, clarified that this strategy involves a comprehensive assessment of business profitability, capital efficiency, market growth potential, and synergies between business units.Reaffirming Commitment to Document Solutions
Kyocera’s MFP and printer business remains a cornerstone of the company’s operations, accounting for over 20% of group revenue and profit. Ina emphasized that the company will intensify its investment in this sector, focusing on the rapid introduction of new products and services. This approach aims to enhance market responsiveness and deliver greater value to partners.Embracing Technological Advancements
Looking ahead, Kyocera is poised to invest in environmentally friendly technologies and artificial intelligence (AI) to meet the future demands of the office document sector. These investments underscore the company’s dedication to sustainability and innovation, aligning with its long-term vision for growth and industry leadership.In summary, Kyocera’s strategic initiatives are centered on strengthening its core MFP and printer business. By reallocating resources and embracing technological advancements, the company aims to enhance its product offerings and maintain its competitive edge in the document solutions industry.
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