Essay about Fuji Xerox

Words: 5590
Pages: 23
Open Document
Case3:Ê©Àֺ͸»¿£-

--ͨ¹ýÕ½ÂÔÁªÃËȡʤ

1

Synopsis (I)
Many of the international alliances being formed today are still too young for us to evaluate their full impact. The case of Xerox and Fuji Xerox gives us a unique opportunity to trace the evolution of such an alliance over a long period of time. We can learn a lot from this experience, and try both to avoid Xerox’s mistakes and copy Xerox’s success.

2

While this case is about a particular type of alliance—a separate enterprise owned by Xerox and Fuji Photo Film— it also contains elements of other types of alliance. The relationship between Xerox and Fuji Xerox, for example, is itself managed through a series of technology and marketing contracts, organizational …show more content…
While Xerox executives clearly recognize this role.

15

Measures of the success

16

i. Using financial measures of performance, we find that Fuji Xerox grew rapidly, but that it did not contribute much cash to Xerox”

17

Its revenues grew from less that 5% of Xerox’s in the 1970s to over 30% in the late 1980s(exhibit 1); A 20% p.a. growth during 1980-1985, compared to 4% p.a. for Xerox (exhibit 5 and 7); Its profit grow frm about 10% of Xerox’s to about 30% between 1981 and 1990 (exhibit 5 and 7). Note that not all this profit stream goes to Xerox. The latter is entitled to 2/3 of Rank Xerox’s 50% share, I.e. to 1/3 of Fuji Xerox’s earnings.
18

But because Fuji Xerox only paid out in dividends about 14-19% of its annual earnings, the total amount of cash repatriated to Xerox during 1971-1989 was little more than $50 million. (Derived from exhibit 7: 1/3 of the total dividends paid out). This payout ration represented 1-2% of Fuji Xerox’s equity. Note that, unlike Xerox, which regularly paid out between 50% and 80% of its earnings, Fuji Photo Film was accustomed to this pattern, as its own dividends to shareholders represented no more than 3-4% of earnings.
19

ii. Using market and technology measures, we can get a sense of the rise in
Show More

Related Documents: Essay about Fuji Xerox

Xerox Scandal Essay example

Xerox Corporation Xerox Corporation is a $16 billion technology and services enterprise that helps businesses deploy smart document management strategies and find better ways to work. It’s intent is to constantly lead with innovative technologies, products and solutions that customers can depend upon to improve business results. Xerox provides the document industry’s broadest portfolio of offerings. Digital systems include color and black-and-white printing and publishing systems, digital presses…

Words 2773 - Pages 12

Kodak & Fujifilm Essay example

6). The primary difference between Kodak and Fujifilm Xerox is that one company made preparation for new innovations while the other relied on their current products. I’m sure Kodak’s management thought process was their analog products would remain competitive in the changing world of photography. Question…

Words 2016 - Pages 9

Kodak: Photographic Film and Kodak Fujifilm Essay

Company Limited. The company was originally founded as Fuji Photo Film Co., Ltd. by the government as a plan to create a domestic photographic film manufacturing industry. In 1944, Enomoto Kogaku Seiki Manufacturing Co., Ltd. was acquired and Fuji Photo Optical Co., Ltd. was established. In early 1946, Fujifilm acquired another company, Natural Color Photography Co. Ltd. A few years later, in June 1953, the company changed the name to Fuji Color Photo Co., Ltd. By April 1965, the company had changed…

Words 1080 - Pages 5

Xerox Essay example

American Accounting Association DOI: 10.2308/iace.2011.26.1.219 ISSUES IN ACCOUNTING EDUCATION Vol. 26, No. 1 2011 pp. 219–240 Xerox, Inc. Edward Seipp, Sean Kinsella, and Deborah L. Lindberg ABSTRACT: This audit case examines an interesting real-life instance of financial statement manipulation by a client ͑Xerox, Inc.͒ and the related audit failure by the audit firm ͑KPMG͒. The facts of this case are drawn from several SEC Accounting Enforcement and Administrative Proceedings Releases. Learning…

Words 5955 - Pages 24

Advantages and Disadvantages of Licensing as a Mode of Entry Into Foreign Markets Essay

“Assess the merits and demerits of international licensing as a mode of entry into new markets” Disney does not have to produce t-shirts, USB sticks and even waffles with Mickey Mouse’s happy face on it. Instead, it can license the right to use its famous character to different companies around the globe and enjoy the hefty royalties, which in 2010 totaled 28.6 billion dollars (Rorie, 2011). Does it then mean that licensing as a mode of entry into foreign markets is the best option available?…

Words 1903 - Pages 8