Konica Minolta CEO Lays Out Strategy for 2020

On January 1, 2020, Konica Minolta of Tokyo, Japan, published a New Year’s message from its president and CEO, Shoei Yamana.

Yamana noted that, globally, the intensifying U.S.-China trade friction made the business environment “extremely difficult.” In 2020, Konica Minolta – which was founded in 1873 – will “remain cautious about the geopolitical risks,” including the political uncertainty in Europe and results of the U.S. presidential election, while “seizing the opportunities offered by the 2020 Tokyo Olympic and Paralympic Games.”

Under the company’s three-year Medium-term Business Plan “SHINKA 2019,” beginning in 2017, Konica MInolta says it’s sought to develop solutions to social challenges that will become more pressing by 2030, such as labor shortages, mismatches between worker skills and job requirements, and increasing demand for medical and nursing care services. Such solutions include the integrated IT services the company offers by expanding the sales of its edge IoT platform, Workplace Hub; and the sensor- and smartphone-based services designed to help improve the work efficiency of care workers and enhance the quality of life of elderly persons in need of care.

Konica Minolta’s Yamana noted that one of the driving forces behind these endeavors is human resources. In 2020, the firm will open a new R&D center in Osaka, Japan, to reinforce the training of specialists in its proprietary image IoT and AI technologies, encourage interactions among these specialists, and create new innovation to better meet customer needs for visualization. “More than 40,000 Konica Minolta members are determined to raise their skills to maximize performance and work in open collaboration with customers and business partners, instead of working solely within the Konica Minolta Group, with the aim of creating new values for the global environment and human society,” noted Yamana.

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