A Happy New Year to you all.
In the past year, global corporate management needed go through a number of changes due to not only the economic impact of foreign currency rate fluctuations, interest rate hikes in Japan, but also the impact in the changing political landscapes in many countries.
The rapid evolution of data utilization and AI integration, often referred to as DX promotion, will continue to transform business productivity at an unprecedented pace this year. Companies that successfully create added value through these advancements will undoubtedly take significant strides ahead of those that do not. At the same time, we face a world of dynamic political and economic changes, making it crucial to stay attuned to how these shifts affect our global economy and our business environment. Companies across the world must remain agile, flexible to change, and prepared to respond swiftly.
Looking ahead, 2025 marks the final year of our Medium-term Business Plan to secure our position as a highly profitable company. It is a pivotal moment for us to achieve a V-shaped recovery in profitability, resume dividends to shareholders, and build on the growth foundation into the future. We will steadily grow our business earnings while sowing the seeds of future success that will bear fruit in the next planning period from the fiscal year 2026 onward.
It is our human capital and our innovations that hold the greatest potential to drive our growth. By nurturing and leveraging these strengths, we can achieve the full-scale growth we envision starting in the fiscal year 2025.
I offer my sincere wishes for your good health and happiness, and would greatly appreciate your continued support and encouragement for the Konica Minolta Group in 2025.
Toshimitsu Taiko
President and CEO
Konica Minolta, Inc.