Konica Minolta : Increases Stake in MGI Digital Technology
October 01, 2020 at 08:45 pm EDT
Share
Tokyo (October 2, 2020) - Konica Minolta, Inc. (Konica Minolta) today announced an additional investment in France-based MGI Digital Technology (MGI), an industry-leading manufacturer of digital-based high-value-added printing equipment*1. Konica Minolta and MGI formed an equity and business alliance in January 2014.
On September 30, 2020, Konica Minolta acquired an additional stake in MGI, bringing the stake together with the existing stake to 42.3%.
MGI's digital decoration printing machines use 100% inkjet heads manufactured by Konica Minolta and respond to the need for high-value-added printing that highlights the appeal of products, such as foil stamping and embossing. MGI is also expanding into the field of printed electronics and aggressively expanding into electronic circuit and other industrial printing.
In 2016, Konica Minolta made a full-scale entry into industrial printing field. By maximizing printing value through digital printing technology, as well as transforming its printing production process improvement and printing supply chain, the company has created markets and expanded the scale and scope of its business. In particular, as the label and packaging market is experiencing an acceleration in high-mix, smaller-lot printing through digitization, Konica Minolta has positioned it as a market of significant importance in which demand will continue to increase going forward.
Label and packaging printing has a great deal of room for digitization in the post-printing processes of varnish coating, laminating, foil stamping, and die cutting. By adding MGI's partial varnishing, foil stamping, and other digital-output devices to its product lineup, Konica Minolta has increased its presence in the industrial printing market.
Over the past four years, Konica Minolta's industrial printing business has approximately doubled in size.
Konica Minolta will continue to invest in areas where future growth is anticipated and where it can build a competitive advantage even in new or 'new-normal' business environment through and post-Covid-19 pandemics, thereby realizing business growth.
*1：In this context, it means equipment that performs decorative processing, such as spot thick varnish and foil stamping, as post-process of ordinary printing
*2：Forecasts by Konica Minolta based on research firm data
Attachments
Original document
Permalink
Disclaimer
Konica Minolta Inc. published this content on 02 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 October 2020 00:39:06 UTC
Konica Minolta, Inc. specializes in the design, manufacturing and marketing of printing, photography, medical imaging and measuring equipments. Net sales break down by family of products as follows:
- office equipments (51.1%);
- professional printing equipment (21.4%): laser printer, consumables, multifunctional peripherals, etc.;
- electronic and optical equipments (15.3%): plastic and molded glass lenses, display components, screen, memory units, etc.;
- medical equipments (12.1%): primarily imagery and graphic equipments and measuring equipments;
- other (0.2%).
Net sales break down geographically as follows: Japan (19.5%), China (10.5%), Asia (9.4%), Europe (28.6%), the United States (25.3%) and other (6.7%).
KONICA MINOLTA, INC. 
