Fuji Xerox Printers to be rolled into Fuji Xerox Australia

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Summary

ARN understands that Fuji Xerox Printers employees were made aware of the change on 30 January. As reported by Reuters, Fujifilm was aiming to expand the joint venture with a larger focus on document solutions services, while tapping fresh demand in emerging markets in Asia. As previously reported, inappropriate accounting practices by Fuji Xerox in Australia and New Zealand have resulted in a $450 million loss and a series of top-level executive and board resignations. After this was made public, Fuji Xerox appointed its former corporate vice president, Hirokazu Komaki, as chairman of the board for its Australian business in September 2017. In November, Fuji Xerox Printers’ dealer general manager for A/NZ, David Borg, announced he was leaving the company.

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