Fuji Xerox Co., Ltd. announced that it is changing its corporate name to FUJIFILM Business Innovation Corp. as of April 1, 2021.
Fuji Xerox affiliates and sales companies in and outside Japan will also change their names respectively on April 1, 2021, but their new names will be announced at a later date.
Fujifilm owns 100% of Fuji Xerox, after Xerox sold 25% of its stakes.
Fuji Xerox will also be ending the technology agreement with Xerox upon the expiration date, 31 March 2021. Fuji Xerox will however continue to supply Xerox products based on Fuji Xerox technologies after the technology agreement ends.