Konica Minolta 2001 Annual Report Download - page 9

Konica Corporation/ Annual Report 200 1
7
document business joint venture
formed with Minolta in April 2 0 0 0 .
Plans to Establish Separate
Corporations and a Holding
Company in April 2003
In closing, I would like to touch on our
plans to establish separate corporations
and a holding company. Details of
these plans are outlined in SAN Plan
2004.
Konica introduced an internal
company system in 1 9 9 9 , and our
structure now enc ompasses four
companies and three business groups.
Our business covers a variety of fields,
and each operation has a diverse
customer base with its own unique
needs. To accelerate the development
of these operations, it is necessary to
transfer a considerable amount of
power and authority to each company.
Consequently, in April 2 0 0 3 we plan to
make eac h existing company a separate
corporate entity and to study the transfer
of Konica to a holding c ompany. These
changes will increase management
flexibility, allow us to focus more sharply
on maximizing corporate value, and
help ensure that management remains
shareholder-oriented.
products, the Optics Tec hnology
Company is expected to see operations
expand as it finds new applications for
optics tec hnology, and the Inkjet
Business Group has developed a
strategic plan to use its advanced
technology to open new markets. In
addition, the Medic al and Graphic
Company is constructing a new
medical dry film production facility,
the Consumer Imaging Company is
investing in a digital photo network
service, and the Office Doc ument
Company is undertaking investment in
polymerization toner. In these ways,
we are conc entrating intensively on
investment and R&D in digital imaging
fields, with expectations of solid future
growth.
We are well aware of the vital
importance of allocating human
resources effectively, especially in light
of the technical expertise it takes to shift
focus to fields with the highest growth
potential. To meet this c hallenge, we
have established a committee to
mobilize human resourc es. We will
also continue to apply our unique
technology and exploit our competitive
strengths to broaden our strategic
business alliances, such as the office
SAN Plan 2 0 0 4 also outlines our
environmental accounting systems.
Konica believes that global
environmental preservation is one of
the most critical issues management
must address, and accordingly has
devised a set of Environmental
Guidelines to promote harmonious
coexistence between our operations
and the natural environment. Under
these guidelines, we created
environmental accounting systems in
March 2 0 0 0 and established
environmental performance goals that
take effec t following the year ending
March 3 1 , 20 0 2 .
I believe that the 2 1 st century will
be an era of profound c hange and
intense competition. Konica stands
ready to respond swiftly, decisively and
effectively to new c hallenges as they
arise, moving into the future with
courage and determination.
June 2 8 , 20 0 1
Fumio Iwai, President
To Our Shareholders
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