Konica Minolta 2011 Annual Report Download - page 24

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Business Overview Top Business Technologies Business Optics Business
Healthcare Business
Business Technologies Business
In the office field, demand for MFPs for offices gradually continued to
recover in the Japanese market and major overseas markets. Sales of the
color MFPs and monochrome MFPs of the bizhub series, which focused on
facilitating customers' efforts to reduce TCO (total cost of ownership;
denoting total costs for implementation, use, and maintenance of MFPs),
were solid in the US market and major markets in Europe. As a result, sales
volumes for the fiscal year under review rose from the previous year. The
bizhub 184/164 series, which was launched as monochrome MFPs for
emerging markets only, contributed to the expansion of market share,
especially in the Chinese market.
In the production print field, we launched three new color products, bizhub
PRESS C8000/C7000/C6000, in addition to the existing bizhub PRO series,
and started to develop the digital commercial printing field in earnest. With
many inquiries for those new products in the US and European markets,
sales volumes of color and monochrome products rose from a year ago.
Overall, in our Business Technologies Business we sought to boost sales of
new products having enhanced market competitiveness in the office and
production print fields in line with our “Genre-top” strategy. We also started
to provide OPS (Optimized Print Services) on a global scale, in response to
increasing market needs. At the same time, to strengthen our IT services
capability, we established an alliance with Getronics N.V. (Netherlands) in
Europe in November 2010, and we acquired All Covered Inc. of the United
States in December 2010. As a result, sales in the Business Technologies
Business were ¥539.6 billion, on par with the previous fiscal year. Operating
income came to ¥37.4 billion, down 3.9% year on year. Excluding the
adverse effects of exchange rates of ¥45.9 billion on sales and ¥16.7 billion
on income, net sales and operating income rose 8.3% and 39.0%,
respectively.
KONICA MINOLTA HOLDINGS, INC. 23 ANNUAL REPORT 2011