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Konica Minolta Completes Global Structural Reforms to Boost Profitability

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Konica Minolta ( (JP:4902) ) has shared an announcement.

Konica Minolta has completed its global structural reforms as part of its Medium-term Business Plan for 2023-2025, resulting in a reduction of 2,701 employees and a cost saving of 19 billion yen. These reforms are expected to enhance profitability, contributing an additional 10 billion yen to business profits in fiscal year 2025 and 14 billion yen in 2026.

More about Konica Minolta

Konica Minolta, Inc. operates in the technology industry, primarily focusing on imaging products and services. The company is listed on the Tokyo Prime Market and is known for its innovations in the field of office equipment, healthcare, and industrial optical systems.

YTD Price Performance: -15.62%

Average Trading Volume: 300

Technical Sentiment Signal: Buy

Current Market Cap: $1.39B

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