CPAC acquired the Konica chemical factory. Dai Nippon Printing purchased Konica's Odawara factory, with plans to continue to produce paper under Dai Nippon's brand. The color film, color paper, photo chemical and digital mini-lab machine divisions have ceased operations. Konica Minolta closed down its photo imaging division in March 2007.
Three thousand seven hundred employees were laid off. Konica Minolta withdrew from the photography business on 30 September 2006. Originally, in the negotiations, Konica Minolta wanted cooperation with Sony in camera equipment production rather than a sell-out deal, but Sony vehemently refused, saying that it would either acquire everything or leave everything that had to do with the camera equipment sector of KM. SLR camera service operations were handed over to Sony starting on 31 March 2006 and Sony has continued development of cameras that are compatible with Minolta autofocus lenses. On 19 January 2006 the company announced that it was quitting the camera business due to high financial losses. It also uses the same corporate slogan as the former Minolta company: "The Essentials of Imaging".
Konica Minolta uses a "Globe Mark" logo that is similar to but slightly different from that of the former company. Different group companies, such as the operations in the headquarters and national operating companies, began the process around the same time, however the exact dates vary for each group company. Konica Minolta was formed by a merger between Japanese imaging firms Konica and Minolta, announced on 7 January 2003 with the corporate structure completing the re-organization in October 2003.
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