Konica Minolta’s Year-End Results Fall Short of Guidance Due to Stronger Yen and Tough Competition

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On May 12, Konica Minolta announced its financial results for the fourth quarter and fiscal year ended on March 31, 2016. The company was negatively impacted by many of the same factors affecting its rivals—the yen’s appreciation, cooling emerging markets, and stiff competition from competitors. The company complained, “For the global economy as a whole

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