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Sharp Says Global Workforce Layoffs Not Necessarily Planned

March 26, 2014 – Sharp Corporation of Japan has issued a press release stating that, despite recent reports from two Japan newspapers, the Nihon Keizai Shimbun (Nikkei) and Yomiuri Shimbun, it will not confirm that a global reduction of its workforce is planned. Last week, the Reuters news service, citing unnamed sources, also reported that Sharp would […]

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This Week in Imaging: HP Prepares for Split; Fastest 3D Printing Ever?; Epson, Canon Add Personal Document Scanners; More

News this week is that Hewlett-Packard has revamped its channel-partner programs in order to help its resellers and distributors transition through the impending split of the company. The split makes sense, as it will enable a more effective focus on marketing,  administration and support, and it makes sense that HP kept the PC and printing […]

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Sharp to Cut Some 6,000 Jobs from Global Workforce as Part of Restructuring

March 19, 2015 – Reuters reports that Sharp Corporation of Japan will reduce its global workforce by over 12 percent, which would be some 6,000 jobs, as part of a global restructuring program that’s expected to cost more than $1.7 billion. Of the 6,000 jobs to be cut, half will be in Japan through early […]

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Kodak Reports Loss for its Fourth Quarter, Revenue Slides

March 18, 2015 – Eastman Kodak reported a loss of $41 million for its fourth-quarter 2014, which however was lower than its net loss of $57 million for fourth-quarter 2013. Revenue for the fourth-quarter 2014 was $529 million, down from revenue of $609 million for fourth-quarter 2013. Kodak cited the impact of the strong U.S. […]

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This Week in Imaging: In-Depth with HP JetIntelligence Toner Carts, New LaserJets; More

We attended Hewlett-Packard’s Color LaserJet/JetIntelligence press event held this week in New York City’s Soho district and came away relieved and impressed: relieved that HP has finally updated its popular toner-based LaserJet line with the introduction of new from-the-ground-up designs, and impressed with the new JetIntelligence toner cartridges, as well as with the LaserJets’ upgraded […]

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sharp world

Sharp Says it Won’t Exit Solar-Cell Business

March 9, 2015 – Sharp Corporation of Japan issued a press release stating that, despite media reports, it won’t be exiting its solar-cell business. As we reported last week, according to The Wall Street Journal, Sharp President Kozo Takahashi is reportedly seeking additional financial support from its two main lenders, less than three years after its […]

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This Week in Imaging: More on the Production-Print Market; Sharp Seeks Help from Lenders; New High-Volume Toshiba MFPs

Last week, we discussed the state of the production-printing industry as it relates to inkjet technology (see here). This week, we have some interesting news from International Data Corporation (IDC), which reports that the worldwide production-printing market enjoyed double-digit gains in fourth-quarter 2014. The sweet spot in the production-print market appears to be color, with […]

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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 world

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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