Konica Minolta and Fujifilm discussing print alliance

Konica Minolta and Fujifilm Business Innovation are eyeing a strategic alliance in the multifunction printer (MFP), office printer and production printer segments.

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Konica Minolta and Fujifilm Business Innovation are eyeing a strategic alliance in the multifunction printer (MFP), office printer and production printer segments.

Citing the “rapidly evolving market landscape”, the Japanese firms have confirmed they are “actively considering” a business alliance in a number of areas:

  1. Procurement: The establishment of a joint venture to coordinate the procurement of raw materials and parts. This business – set to be majority owned by Fujifilm – could be established by the end of June.
  2. Toner development and production alliance
  3. Other business alliances: Discussion and agreement on other strategic collaborations related will be addressed separately.

In July, a joint venture between two other Japan-based print powerhouses, Ricoh and Toshiba Tec, will come into effect. The announcement from Konica Minolta and Fujifilm appears to be along the same lines, combining resources to try and offset the impacts of a) secular declines and b) hybrid working on the MFP and office print sectors.

“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,” commented Naoki Hama, CEO of Fujifilm Business Innovation.

“We are confident this partnership will create a new framework to enhance our supply chain and build a robust business foundation.”

Fujifilm also recently announced its expansion into the European A3 office printing market.

Tokyo, Japan