KONICA MINOLTA Konica Minolta Group 1st Quarter/March 2013 Consolidated Financial Results  


OPS, GMA, and M&A in 1Q

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Next, this slide provides an explanation of the key segments of OPS (Optimized Print Services) and GMA (Global Major Account), as well as M&As.
For the first quarter of the fiscal year ending in March 2013, OPS sales were ¥5.1 billion, and GMA sales were ¥3.0 billion, representing a robust growth of 50% year on year for both segments. In terms of contracts won during the quarter, the Group successfully renewed an agreement to become a single supplier for the Erste Group Bank AG, one of the largest financial groups in Central and Eastern Europe.
In M&As, the Group acquired a hybrid dealer in France during June and acquired a sales distributor and made it a sales subsidiary in Turkey during April. Furthermore, in Japan, the Group acquired FedEx Kinko's Japan Co., Ltd., one of Japanfs largest on-demand printing providers, during May, as was explained during the previous financial results briefing session.