Konica Minolta is now DX certified
April 21, 2021
Konica Minolta, Inc. announced that the company was designated as a DX Certified Business Operator under the DX Certification System established by the Ministry of Economy, Trade and Industry (METI).
This designation signifies official recognition of Konica Minolta’s across-the-board initiatives towards digital transformation (DX), which include: promoting DX efforts to shift to highly profitable businesses; incorporating a clear commitment to solving social issues in its corporate management policy; developing specific plans for use of its digital technologies, such as a plan to create new values by combining its proprietary imaging IoT platform with relevant data; and establishing a post of Executive Officer responsible for Digital Transformation.
The DX Certification System was established to promote DX on a society-wide basis, especially in the industrial sector. Under this system, the national government certifies companies that comply with the basic matters of the Digital Governance Code under the Act on Facilitation of Information Processing.
Being a DX Certified Business Operator will be a prerequisite for applying for selection under the DX stock selection programme conducted jointly by METI and the Tokyo Stock Exchange.
Based on DX2022, its medium-term business strategy, Konica Minolta said it is currently in the process of shifting the focus of its business from selling products to offering value-added service: DX as a Service.
Konica Minolta added it is resolved to shift to highly profitable businesses through DX and, at the same time, create solutions to social issues based on its five material issues. For each of these issues, the company has set a vision for 2030 and formulated measures to achieve the vision as part of DX2020. The company thus aims to promote efforts to create value through its business on the one hand and through its corporate activities on the other, with a view to creating environmental and social value as well as economic value.
Konica Minolta plans to set KPIs for each material issue in terms of the “impacts of solving environmental and social issues,” and “contribution to profitability” and manage the progress of its initiatives in light of these KPIs.
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