News
Kitamura Growing in Japan
On April 1, 2006 Kitamura Co., Ltd acquired two consumer photo service businesses from Konica-Minolta, their Digital Photo Printing Lab service and the Portrait Studio Network, for approximately $3.5MM . Kitamura, which had gross sales of over $1 billion in 2005 and employs over 4,600, formerly had the number two digital printing network which covered mostly western Japan. Executive Operations Manager, Mr. Masashi Kitamura, saw the opportunity to take a number one position in the market with the acquisition. Kitamura already dominated the children’s portrait studio market in Japan, and further solidified that position with this purchase. Kitamura now lays claim to the largest network of digital photo labs, the highest total film sales and the highest volume of print orders via the Internet in that country. Takashi Yoshida of PLANS, Ltd.
Posted in: News, Photographers
