Latest News

Yoshiharu Komori bows out as his company posts impressive profits

Friday, 10 October 2014
By Patrick Howard

Going against the gloom in the results of other offset press manufacturers, Japanese-based Komori has come good with an increase of 32% in sales value to end its financial year with a profit of US $132 million.

The bounce back into the black after six years of red ink is a significant valediction of the tenure of Komori san, who retired as President of the eponymous press manufacturer in June. He remains as Chairman and CEO.

The company attributed its good results, despite continuing harsh operating conditions, to the cultivation of new business, cost cutting and a turnaround in the value of the yen. It also attributed much of the success to the promotion and acceptance of its H-UV curing system. Installed on nearly 400 printing presses sold around the world the development of H-UV has seemingly given the company focus and a sense of mission.

Komori is under no illusion about the growth potentialities in developed industrialised countries. It expects the market for publishing and commercial printing to continue to shrink in step with the popularisation of digital media.

Newly emerging countries, in particular China, offer the best hope for growth in offset press sales.

Cooperating with Konica Minolta as well as Landa Corporation is key to Komori’s ongoing digital strategy. It is already marketing the Konica Minolta-based Impremia C toner-based engine while planning the 2015 release of a UV inkjet engine developed in the same partnership. Apparently infrastructure for the construction of Landa Nanographic presses is well advanced in Japan although no date is given for the launch.

Ferrostaal distributes Komori in the Australian/New Zealand market, where Rayne Simpson and Carsten Wendler have enjoyed a good year. A total of five major offset presses, mostly H-UV equipped have gone in this calendar year with at least one more to go. Significantly all are in commercial print sites.

Wendler in particular welcomes the return to profitability of the Japanese company seeing it as a great advantage when printers are measuring the longevity and financial soundness of suppliers.  “Printers want to be part of an innovative future. There is enough doom and gloom around, so for Komori to be in such a good position is important for the industry,” he said.

Simpson, who declared it, “a fantastic result,” echoed the sentiment. “It’s outstanding in the industry,” he said.

carstern-w

Picture 1 of 2

Carstern Wendler, managing director, Ferrostaal Australia, give the Komori Lithrone GX40 for the packaging sector the thumbs up at its launch in Japan in June

Comment on this article


To receive notification of comments made to this article, you can also provide your email address below.