New Changes to Konica Minolta Top Management

New Changes to Konica Minolta Top Management

According to Konica Minolta, Toshimitsu Taiko was appointed director, president & CEO, representative executive officer, while Shoei Yamana was appointed director, executive chairman and executive office. Both appointments will come into effect on April 1, 2022.

Konica Minolta claims that Toshimitsu Taiko meets its leadership requirements and possesses, as trait, abilities including “setting examples worth following,” “listening attentively,” and “Cool Head, Warm Heart.”

Toshimitsu Taiko has led the Business Technologies Business, the mainstay of Konica Minolta, including management at overseas subsidiaries. During that time, Taiko put the new businesses on a steady track and maintained existing businesses, while bringing together complex organizations. Since FY2020, as Senior Executive Vice President and Executive Officer, Taiko has been responsible for corporate planning, investor relations and corporate communications, and committed to steering management from a company-wide perspective by devising and implementing long-term visions and Medium-term Business Plan and engaging with stakeholders.

“With the appointment of President & CEO, Representative Executive Officer, I feel so humbled by the great responsibilities in leading the company. After the integration of Konica and Minolta in 2003, I joined the executive team and have walked through Konica Minolta’s history. Konica Minolta has anticipated changes in society, transformed its business portfolio, and created social values. Today, again in the midst of the transformation, there is no change in our philosophy to deliver socially meaningful value on the basis of our sublime technological capabilities,” said Toshimitsu Taiko, the incoming president &CEO, representative executive officer.

Reasons for change:

FY2022 is the final year of the Medium-term Business Plan “DX2022” and the year for formulating the next business plan. The decision has been made that, in enhancing the corporate value, it is appropriate to change President & CEO, Representative Executive Officer, at this timing so that the new President & CEO, Representative Executive Officer, will formulate new Medium-term Business Plan himself, lead the Group’s 40,000 global talent and maximize their execution capability.

Related:

• Konica Minolta to Discontinue Muratec Brand
• Konica Minolta Welcomes New Senior Vice President
• Konica Minolta Reports Slight Revenue Growth in Q3
• Konica Minolta Q1 Results in Line with Forecasts
• Konica Minolta Suffers Decline in FY 2020

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