Konica Minolta Slashes FY 2021 Forecast, Expects Big Losses

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On April 27, roughly two weeks before it was scheduled to announce year-end financial results for fiscal 2021, Konica Minolta announced that it was adjusting its FY 2021 forecast—and largely downward. Although the company now expects higher revenue for FY 2021, Konica Minolta made some enormous reductions to its expected full-year profits and now projects

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