—  Fujifilm Business Innovation and Konica Minolta are planning to form a strategic alliance involving production printing devices, multifunction and office printers and Fujifilm would be in the majority partner. The two Japanese companies said that the potential strategic alliance would optimize “procurement, toner development, and production efficiencies”, and that the market landscape for MFPs and printers “requires proactive measures”. The initial focus would be on three areas: a business alliance for the procurement of raw materials and parts; an alliance covering toner development and production; and “other business alliances” covering strategic collaborations. KM posted sales up 24% in the financial year but its operating losses more than quadrupled. Earlier this year Konica Minolta announced it would reorganize into three business segments: Business Technologies ,  Industrial Business  and Imaging Solution Business.