Notice Regarding Establishment of Manufacturing Subsidiary in Malaysia for MFP Consumable Production
To whom it may concern,
Company Name: Konica Minolta, Inc.
Representative: Shoei Yamana, President and CEO
Stock Exchange Listing: Tokyo (First Section)
Local Securities Code Number: 4902
Contact: Yuki Kobayashi, General Manager, CSR, Corporate Communications & Branding Division
Tel: (81) 3-6250-2100
Tokyo (July 25, 2014) - Konica Minolta, Inc. (the “Company”) is pleased to announce that it established “KONICA MINOLTA BUSINESS TECHNOLOGIES (MALAYSIA) SDN. BHD.” (BMMY) in Malaysia as 100%-owned subsidiary of Konica Minolta Business Solutions Asia Pte. Ltd. which is regional head offices in Southeast Asia of the Company.
1. Background and aim of establishment
In the line with the core business of the Company's Business Technologies Business, it has been globally offering its main “bizhub-series” MFPs and a variety of solution services including proposals to optimize customer enterprises' print environment through OPS (Optimized Print Services). In the line with the business expansion, “bizhub-series” MFPs have grown in numbers year after year and expectations are increasing for enhancement in a steadier supply system of consumables and parts.
BMMY, whose establishment is driven by the Company's strong commitment to meeting these increasing needs, will use the best production technologies from accumulation of the Company's superb manufacturing know-how and adopt the latest production process with high efficiency and productivity, along with consideration to safety and environmental soundness. BMMY will be running as innovative model factory to showcase the excellence of production capability through introduction of state-of-the-art solution services such as ICT services and document management system which are currently being offered to customers of the Company. Furthermore, BMMY will be able to stable shipping of the consumables to various parts of the globe and by collaborating with its Southeast Asian sales and service headquarters in Singapore, the Company will be well positioned to offer enhanced customer services in the region.
The new manufacturing site for MFP consumables will help the Company's various risks with flexibility and build on its capabilities with improvement in business continuity.
2. Overview of new manufacturing subsidiary
|Company name||KONICA MINOLTA BUSINESS TECHNOLOGIES (MALAYSIA) SDN. BHD.|
|Location||Malacca City, Malacca, Malaysia|
|Established||26th May 2014|
|Start of full operation||October 2014 (Scheduled)|
|Capital stock|| 135,000,000MYR
(100%owned by Konica Minolta Business Solutions Asia Pte. Ltd.)
|Business operation||Manufacturing of consumables, parts and units for MFPs|
|Lot area||Approximately 104,000 square meters|