Konica Minolta Holdings, Inc. announces formation of six business companies and two common function companies through reorganization of it businesses effective October 2003.
Since Konica Corporation and Minolta Co., Ltd. integrated management on August 5, 2003, the Konica Minolta Group has expeditiously proceeded with reorganization and integration of its businesses. Through this business reorganization, Konica Minolta Group established solid structure to maximize corporate value by further strengthening market competitiveness and ensuring profitability.
The following is the outline of the major consolidated overseas subsidiaries affiliated with business companies, which will be reorganized and/or change company names.