Konica Minolta factory resumes production
Konica Minolta announced that the factory has resumed toner production.
The resumption was based on the risk assessment by external and in-house experts on safety measures at the factory. On November 8, as planned, the production restarted at the factory with the new manufacturing process.
Having restarted production earlier, Kofu Factory began shipment sequentially in late October.
As Tatsuno Factory is back on track today, it will be starting shipment in sequence as soon as quality confirmation is completed.
Going forward, Konica Minolta continues rebuilding its capability for stable supply to the customers with all speed. In order to prevent toner from running out again, safe operation with the new production process is thoroughly implemented across the factories.
From the perspective of business continuity plan (BCP), Konica Minolta will ensure a production system that does not rely solely on its own production and will raise inventory from the previous levels.
Konica Minolta added: “Regarding the accident that occurred at Tatsuno Factory of Konica Minolta Supplies Manufacturing Co., Ltd. on August 12, we sincerely apologise for the considerable inconvenience and concerns among local residents, relevant authorities, and customers who use our products.”
“The Konica Minolta Group takes the accidents seriously and will continue to strive to ensure the safety of the community. At the same time, we would like to express our sincere apologies for the accidents, which caused concerns and inconvenience to our customers due to a shortage in the supply of toners. We also ask for understanding and support for our ongoing responses and actions.”
Due to the explosion, Konica Minolta revised its forecasts for the fiscal year ending March 2022. Toner production volume is expected to be about 75% of the actual demand during the period from the plant shutdown to restart of operations under a new production system and the recovery of production capacity.
Therefore, especially in the Professional Printing Business, sales of new equipment and non-hardware is expected to be affected since toner will be supplied on a priority basis to existing customers.
The toner supply shortage is expected to be resolved at an early stage and is not expected to have an impact on its business for the fiscal year ending March 31, 2023.