Konica Minolta Posts Revenue and Profit Declines, Misses Forecast in FY 2016

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On May 11, Konica Minolta announced its financial results for the fourth quarter and full-year 2016, which ended on March 31, 2017. It has been a tough year for most Japanese OEMs due to the yen’s appreciation, and Konica Minolta is no exception. Company revenue and profits declined in 2016. This brought to an end

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