Dai Nippon Printing Co. Ltd. (DNP) and Konica Minolta Holdings,
Inc. have reached agreement and exchanged contracts
on DNP taking over the Konica Minolta Odawara site, where Konica
Minolta manufactures silver halide colour photographic paper (colour
photographic paper). DNP will take over the land, buildings and colour
photographic paper manufacturing business, and from October 1, 2006
plans to operate the business as a wholly-owned subsidiary.
As a result of this agreement, DNP will make effective use of quality
and production control technologies for colour photographic paper in
the manufacture of dye sublimation thermal transfer recording media.
In concrete terms, DNP plans to commence the production of receiver
paper for dye sublimation thermal transfer recording method at the
Odawara site from 2008. DNP, thereby, is aiming for dramatic
improvements in performance, quality stability and productivity
compared to existing receiver paper manufacturing methods. DNP also
plans to position the Odawara site as the core production base for the
digital photo print business via the production of receiver paper for
dye sublimation thermal transfer recording method.
DNP will also take over the manufacture of colour photographic paper,
and will be supplying this to the clients in Japan and abroad.
Konica Minolta, with a view to concentrate in its core
“business technologies” segment, its strategic
“optics and display devices” segment and its growth
expected “medical and healthcare” segment on the
basis of “selection and concentration,” has decided
in January to withdraw from its camera and photo businesses. In this
regard, Konica Minolta has been thoroughly considering how to make
effective use of colour photographic paper manufacturing site in
Odawara in the future, and has reached the agreement with DNP this time.
DNP commenced production of dye sublimation thermal transfer recording
media from the late 1980’s, and in addition to capturing top
global share purchased Pixel Magic Imaging TM of San Marcos, Texas in
2004. In Japan, DNP has operated the digital photo printing service
“PrintRush,” a kiosk terminal format self-printing
system from 2005
On July 1, 2006, DNP also took over two businesses from Konica Minolta,
establishing DNP ID Imaging Co. Ltd., which will conduct an ID imaging
business and DNP Photo Supplies Marketing Co. Ltd., which will carry
out the domestic sales of photo related products. In addition to these
businesses, by taking over the manufacturing business of the Odawara
site, DNP aims to put into place a system to supply total products and
services related to digital print photographs, from the manufacture of
various print media, through the development and marketing of print
systems, all while planning further business expansion.