Konica Minolta Sees Improvements in Q4 but Posts Revenue Decline and Losses for FY 2020

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On May 14, Konica Minolta announced its financial results for the fourth quarter and full fiscal-year 2020, ended March 31, 2021. Konica Minolta’s FY 2020 was negatively impacted by COVID-19. A huge portion of its business is dependent on office printing, and lockdowns to fight the virus’s spread meant big drops in demand for hardware

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