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14
Issues
There are three areas: optimal utilization of Photo
Imaging management resources; reengineering of
product planning, commercialization and pro-
duction processes; and solution development
reorganization. In terms of the optimal utilization
of Photo Imaging management resources, we
plan to utilize our camera technologies in grow-
ing lens-related segments in the Optics business
and to strengthen controller development tech-
nology in the Business Technologies business. In
photosensitive materials technology, we plan to
allocate resources to the development of chemi-
cal-based high performance material and thin
film product applications. In addition, we have
converted our camera factory in Shanghai into
the production base for high precision optical
units. In product planning, commercialization
and production process reforms, in addition to
accelerating product development and commer-
cialization by reducing the time required for the
process, we will at the same time promote inter-
nal production of major components and work to
strengthen production technologies and pro-
curement through supply chain management
(SCM) restructuring. In solution development
reorganization, we plan to build a global soft-
ware development capability while at the same
time strengthening our solution proposal capabil-
ities and building a sales organization to support
this capability.
Please tell us the themes which
you will be focusing on
strengthening for the Group as a
whole.
We believe that strengthening corporate gover-
nance is an important management issue, and we
aim to provide management that is both fair and
highly visible. In particular, in terms of the sepa-
ration of management oversight and execution,
we converted to the committee-style governance
system after the management integration, and
outside directors now carefully monitor the
activities of the Board of Directors. The system
also functioned in our decision to exit the Photo
Imaging business. As both Konica and Minolta
have been continually involved in the camera
and photo businesses from their establishment,
the decision to exit was not an easy one.
However, in addition to the Photo Imaging busi-
ness being depressed over the last few years, we
reached the decision after considering the opin-
ions of investors and shareholders as well as the
views of our outside directors. We believe that
our attitude of emphasizing corporate gover-
nance played a big role in reaching this decision.
In this regard, we believe we are a company
where corporate governance actually functions.
Moreover, for further details regarding our corpo-
rate governance initiatives, please refer to page
26 of this report.
Please explain your philosophy
regarding corporate governance.
CHAPTER 06