...digital victim - Konica-Minolta closes division

Discussion in 'Minolta' started by Alan Browne, Dec 15, 2003.

  1. Alan Browne

    Alan Browne Guest

    http://konicaminolta.net/releases/2003/1201_01_01.html

    1. Background to the resolution and future prospects:
    The recent rapid growth of the digital photo imaging market has
    drastically reduced domestic demand for silver-halide photography, thus
    adversely affecting the domestic photofinishing services of KMPI. Aware
    of the need to drastically reform its photofinishing services to better
    meet the demand of the changing market environment, KMPI transferred the
    operations of KIJ to Konica Minolta Photo Solutions Co., Ltd. (PPS) on
    October 1, 2003 and decided to dissolve and liquidate KIJ.
     
    Alan Browne, Dec 15, 2003
    #1
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  2. I wouldnt place the blame entirely on digital. Its also a slow economy.
    Plus 100mil Yen in someone else's pocket for the holidays is nice.
     
    Martin Riddle, Dec 15, 2003
    #2
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  3. Alan Browne

    Gordon Moat Guest

    Slightly confusing news listing. Since the new entity also has Konica in
    the name, it looks like it is still owned by Konica Minolta. Is this just a
    shift, consolidation, or name change?

    Ciao!

    Gordon Moat
    Alliance Graphique Studio
    <http://www.allgstudio.com>
     
    Gordon Moat, Dec 15, 2003
    #3
  4. Alan Browne

    Ken Burns Guest

    Digital victim? No. It appears to be nothing more than part of the
    corporate restructuring of the physical assets as a result of the meger.

    KB
     
    Ken Burns, Dec 16, 2003
    #4
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