Material Issue 1

Improving Fulfillment in Work and Corporate Dynamism

Background

Social and Environmental Issue Outlook for 2030 Many economies around the world, including Japan, are expected to see labor shortages. As industrial structures change, there will be imbalances in the type of labor force needed. There will be labor shortages in some areas and more mismatches between the skills people have and the skills jobs require. By 2030, a total labor shortage of about 100 million people is anticipated in the countries that make up the top 70% of global GDP. For example, technologies such as AI, robotics and automation will increase productivity and alleviate labor shortages, but new jobs will be created that require more creative skills.This will occur not just on the manufacturing floor, but in offices as well. While it is important to increase productivity with technology, human creativity must also be fostered to solve the global labor shortage.

Opportunities for Konica Minolta to Create value, and Risks to Be Minimized

Opportunities ■Through Konica Minolta businesses Improving productivity and fulfillment in work through process and supply chain transformation based on the digitalization of manufacturing sites Eliminating labor shortages through automation, labor-saving solutions, and skill-less operations Improving productivity of customer organizations and increasing time for creativity by transforming work styles through DX ■Internal action to create value Providing innovative services by realizing the full potential of human resources, who are the source of new value, and creating organizations where individuals thrive Improving productivity by enhancing education to reinforce human capital for DX and by applying DX in company processes through data utilization, and providing innovative DX services to customers

Risks ■Affecting Konica Minolta Mismatches between employee skills and their work in the event of rapid changes in systems and environments and the rise of new technologies Declines in employee diversity, independence, and ability to innovate in the event that efforts to create workplaces that promote diversity stagnate

Vision for 2030 and Medium-Term Plan

Improving productivity at Konica Minolta, as well as among its customers and society, creating time for creativity, and developing environments where individuals can thrive

For metrics/targets and results over the years, please refer to the "Improving Fulfillment in Work and Corporate Dynamism" table in the Sustainability Goals and Results page's list of goals and results (PDF).

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Konica Minolta's Approach

As work styles become more diversified, Konica Minolta looks to provide solutions that increase productivity and enable creativity-inspiring work styles in diverse locations, while enhancing personal motivation, fulfillment in work, and corporate growth. Specifically, by utilizing options like measurement and inspection worksite automation, on-demand production, imaging IoT, document management, and reducing the amount of time spent on basic tasks, Konica Minolta is helping customers improve their productivity and shift their focus to creative work. By combining imaging IoT and digital technologies, Konica Minolta can make the inefficiencies hidden in a customer's workflow visible. Moreover, the company can take a close look at the customer's workflow and provide services tailored to their specific business needs. With these capabilities, Konica Minolta will help customers increase productivity and make time for creativity, while also helping to minimize disadvantages in terms of IT access, recruitment, and entrepreneurial opportunities.
At Konica Minolta itself, the emphasis will be on realizing the full potential of human resources and empowering individuals to thrive and produce new value. Konica Minolta will do this by developing workplaces and a corporate culture where individual employees can reach their full potential with a sense of personal motivation and engagement.

Businesses: Increasing Customer Productivity and Making Time for Creativity

●Shortening lead time compared to conventional processes through on-demand production

• Using Digital Technology to Reduce the Environmental Impact of Commercial Printing

●Improving productivity at the printing sites with automatic quality optimization unit

• Solving social issues and printing site needs – Intelligent Quality Optimizer IQ-501
• Solving social issues and printing site needs – Trimmer Unit TU-510e

●Making time for creativity by automating the inspection process at production sites

• Revolutionizing the Visual Inspection Process of Automobiles - Automatic Visual Inspection System

●Improving customer productivity and creativity through workstyle reform and decision support

●Making time to provide care services by streamlining care staff workflow

• Providing Nursing Care Solutions to Address the Issues of a Super-Aged Society ― HitomeQ Care Support

Internal Action: Creating an organization that draws out potential talent so that individuals can thrive

●Systematically develop leaders by selecting young employees early on and strengthening the pipeline of women candidates for director positions

• Attracting, Developing and Promoting the Active Participation of Human Resources

●Creating a corporate culture in which individuals can thrive

• Building Organization, Culture and DNA

●Promoting diversity & inclusion

• Promoting Women’s Workplace Participation
• Fostering a DEI-Based Organizational Culture
• Employment of People with Disabilities