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Sharp President to Ask for More Funds from Lenders

March 4, 2015 – The Wall Street Journal reports that Sharp President Kozo Takahashi will meet with Sharp’s two main lenders on March 5th to ask for additional financial support, less than three years after its last bailout, according to the Wall Street Journal’s sources. Takahashi will present a turnaround plan to its lenders, Mitsubishi UFJ […]

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This Week in Imaging: The Case for Inkjet-Production Print, and New Offerings from Canon, Xerox, Kodak

We’ve long extolled the value of ink-on-paper and proposed that some “old school” production-print shops may be willing to transition to ink-on-paper technology and skip right over toner-based imaging due to all of its inherent weaknesses in terms of hardware cost, energy consumption, image permanence, and the nuances of image quality. On the other hand, […]

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Slow Quarter for HP, but Printer Earnings Strong

February 25, 2015 – Hewlett-Packard reported results for its first-quarter ending January 31, 2015, with net revenue of $26.8 billion, down 5 percent versus first-quarter 2014, and net earnings per share of $0.73, down 1 percent from the prior-year period, but within HP’s previously provided outlook of $0.72 to $0.76 per share. Net earnings were $1.4 billion, […]

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This Week in Imaging: Funai Poised to Take on Inkjet Market?; Mobile Printing a Game Changer?; Canon Makes a Big Move; More

  As Canon’s camera business continues to lag (but office MFP and production sales continue to be healthy), the company is seeking other growth avenues. This week it’s looking to acquire Axis Surveillance, maker of network video-surveillance systems, for $2.83 billion. This would be the largest purchase Canon’s ever made, and seems to sadly reflect […]

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Nuance Reports Loss for First Quarter, but Revenue Exceeds Expectations

February 9, 2015 – On February 5th, Nuance Communications (which now officially owns Notable Solutions) announced financial results for its first quarter for its fiscal year 2015 ending December 31, 2014, with revenue of $474.0 million, up 0.9 percent from $470.0 million reported for first-quarter 2014, and a net loss of $50.5 million, or $0.16 per share, […]

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This Week in Imaging: Latest Financials from Konica Minolta, Epson, Ricoh, Sharp, Xerox; HP is Business-Inkjet Leader; More

Of note in this busy week of news is the generally good financial results from Japanese vendors for printers and MFPs, as these companies continue to report encouraging earnings and sales increases. It’s important to note, however, that while printer and MFP sales have been higher for many of these companies in Asia and other […]

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Sharp Falters with Latest Financial Results, but MFP Business Sees Gains

February 4, 2015 – It’s been up-and-down for Sharp Corporation of Japan for the last several years, and though after suffering a series of losses the firm was finally able to post a small profit in late 2013, on February 3, 2015, the firm reported a 7.2 billion yen loss for its nine months ending […]

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Brother Printer Sales up, Raises Full-Year Forecast for Income and Sales

February 4, 2015 – Brother Industries of Japan has just reported financial results for its latest nine months (April to December 2014), with net sales of 521 billion yen, a 15.4 percent increase over the 452 billion yen it reported for the same period year ago, while net income was 48 billion yen versus the 12 […]

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OKI Net Sales and Income up for Nine-Month Period and Third Quarter

February 3, 2015 – OKI Electric Industry of Japan has just reported its financial results for its fiscal third quarter and the nine-month period from April 1 – December 31, 2014. For the nine months ending December 31, 2014, net sales were 356.9 billion yen, up 12.3 percent, and net income was 18.5 billion yen, […]

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Ricoh Earnings up 20.6 Percent, Posts Sales Gains for Office and Production Printing

February 2, 2014 – Ricoh Company of Japan has reported financial results for the nine months of its fiscal year (April 1 – December 30, 2014). Net sales for the period were ¥1,629.8 billion, an increase of 3.0 percent, while profit was ¥52.3 billion, an increase of 20.6 percent, both year-over-year. Ricoh notes that, due to […]

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Healthy Growth for Konica Minolta, as Business Technologies Business Drives Sales

February 2, 2015 – Konica Minolta Group of Japan reported results for its first three quarters of its fiscal year (the nine months from April 1 – December 2014). Net sales for the nine months were ¥733.8 billion, a 7.5 percent increases, and net income was ¥21.9 billion, an increase of 103.4 percent,  both versus the […]

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EFI Reports Record Revenue for Fourth Quarter and Full-Year 2014

January 29, 2015 – Electronics For Imaging (EFI) today reported results for fourth-quarter 2014 and full-year of 2014. For the fourth quarter, EFI reported revenue of $211.1 million, up 7 percent compared to fourth-quarter 2013 revenue of $197.2 million. Net income was $11.9 million, or $0.25 per diluted share, compared to $75.2 million, or $1.54 per diluted […]

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Revenue, Profit Slip at Xerox; Services Now Making up 54 Percent of Revenue

January 30, 2015 – Xerox today reported results for its fourth-quarter 2014 and full-year 2014. In the fourth quarter, total revenue of $5.0 billion was down 3 percent. Revenue from the company’s Services business, which represented 54 percent of total revenue, was $2.7 billion, up 1 percent. Xerox reported a profit of $156 million, or 13 […]

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Latest Financials from Lexmark, Canon; $29.99 Laser Printer; More

This week in the New York City metropolitan area will probably best be remembered for all the weather analysts who predicted that we’d be buried under several feet of snow and media saying that we’d barely make it out alive. Alas, they were quite wrong – something to also keep in mind when it comes […]

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Robust Quarter and Full-Year Financial Results for Canon, Office Imaging Records Healthy Gains

January 27, 2015 – Canon Inc. of Japan reported robust financial results for both its fourth-quarter 2014 and full-year 2014. For fourth-quarter 2014, ending in December 2014, the company’s earnings rose to 68.09 billion yen (U.S. $578 million), versus earnings of 64.25 billion for fourth-quarter 2013. For its full year ending in December 2014, the […]

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Lexmark Reports Loss for Fourth Quarter, but Seventh Consecutive Quarter of Revenue Growth

January 27, 2015 – Lexmark International today reported results for fourth-quarter 2014,with revenue, excluding inkjet revenue, a business that Lexmark is exiting, growing for the seventh consecutive quarter. The firm, however, reported an operating loss of $22 million for fourth-quarter 2014, compared to income of $151 million for fourth-quarter 2013. However, taking into account acquisition costs […]

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This Week in Imaging: Epson’s Revolutionary RIPS Inkjets; Ricoh Europe Goes 3D; More

Epson brings it on to the U.S. with a new high-volume PrecisionCore-based color inkjet MFP with complete A3 capabilities, maximum 1,830-sheet media capacity, and ink packs that yield up to 75,000 pages. The flagship WorkForce Pro WF-R8590 starts at $5,999 and has an optional 2×500-sheet paper deck that converts it into a free-standing console unit. This product […]

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sharp world

Sharp Expects Financial Results to Fall Short of Forecast

January 20, 2015 – Sharp Corporation of Japan reports that it expects its financial results for it fiscal year ending March 2015 to fall short of its previous forecast announced on October 31, 2014. Sharp says its financial results will be lower due to the decline of profitability in domestic Japanese sales, which it attributes to […]

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