Konica Minolta Business Solutions Australia was found to have failed to lodge financial reports to the Australian Securities and Investments Commission (ASIC) for three consecutive years.
The company was one of ten companies named by ASIC for failing to lodge financial reports, finding that Konica Minolta did not do so from 2017 to 2019.
The regulator said the company was found guilty without conviction, placing Konica Minolta on a good behaviour bond.
A Konica Minolta spokesperson told CRN, Konica Minolta is committed to compliance with all its legal obligations, and has procedures in place to ensure that all documents are lodged with the ASIC in a timely manner.
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