On May 14th, Sharp Corporation of Japan reported a record loss of 545 billion yen (U.S. $5.4 billion) for its fiscal year ended March 31, 2013. As we had previously reported, earlier this week, the company also announced a change in management, with its current chairman, Mikio Katayama, stepping down to be replaced by the company’s […]
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Sales Up, but Income Down at Brother; Printer Segment Sales Show Gain
Brother Industries of Japan reported results for its fiscal year ended March 31, 2013, with net sales up 3.8 percent, but net income of 19 billion yen down 8.7 percent. Within its Printing and Solutions business, net sales were 350 billion yen, up from the 337 billion yen Brother reported for the previous fiscal year. […]
Sales Up, but Income Down at Konica Minolta; A3 Color MFP Sales Up
Konica Minolta released results for its fiscal year 2013 ending March 31, 2013, with net sales up 5.9 percent, but net income down 25.9 percent. In the company’s Business Technologies segment, which includes copier/MFPs, commercial production printers, and office printers, sales were up 6.2 percent to 581.6 billion yen, but operating income was down 19.8 […]
Sales and Income up for OKI’s Fiscal Year, Printer Sales up
OKI Electric Industry Company of Japan reported that net income for its fiscal year ending March 31st, 2013 was 13.6 billion yen, up 774.2 percent from the 1.6 billion yen it reported for its fiscal year ending March 31st, 2012. Net sales were 455.8 billion yen, up 7.6 percent from the 423.5 billion yen the […]
Sales, Earnings Up for Ricoh’s Full Year; Sales of Office MFPs/Copiers Flat, IT Services Sales Up
Ricoh Group of Japan reported that for its fiscal year ending March 31, 2013, net sales were up 1.1 percent to ¥1,924.4 billion, while net income was up 146.8 percent to ¥32 billion, a sharp improvement from the loss Ricoh had reported for the previous fiscal year. Among factors helping sales were a weakening of the […]
Sharp Expected to Post Worse Loss than Previously Forecast
According to 4-Traders.com, Sharp Corporation of Japan is expected to post a greater loss than it had previously forecast for its fiscal year ending March 31. Sharp is expected to report a loss of 500 billion yen, which is greater than that which it had previously expected, with TV panel plants asset write-offs crimping its […]
Kodak Files Plan to Emerge from Chapter 11 Bankruptcy
Eastman Kodak has filed its plan to emerge from Chapter 11 bankrupcty protection with the U.S. Bankruptcy Court for the Southern District of New York. The company expects to emerge from Chapter 11 restructuring in the third quarter. The Plan of Reorganization and Disclosure Statement contain a detailed description of Kodak’s post Chapter 11-emergence business plan, […]
Epson Reports Loss for Fiscal Year, Net Sales Down Three Percent
Seiko Epson of Japan reported a loss of 10 billion yen (U.S. $107 million) for its fiscal year ending March 31, 2013, with net sales down 3 percent, and operating income down 13.7 percent. According to Epson, slowing demand for inkjet printers and projectors was offset by the effects of the weakened yen, especially in the […]
Nuance Reports Loss for Second Quarter; Announces Stock-Repurchase Plan
Nuance reported revenue of $451.0 million for its second quarter, a 15.6 percent increase versus revenue of $390.3 million for second-quarter 2012, but also reported a net loss of $25.8 million, or $0.08 per share, compared with net income of $0.9 million, or $0.00 per share, for second-quarter 2012. “We are disappointed with our results […]
Revenue, Profits Down Slightly for Samsung’s First Quarter
Samsung Electronics of South Korea today reported revenues of 52.87 trillion won (approximately U.S. $46.8 billion) for its first quarter ended March 31, 2013, a 6 percent decrease from the previous quarter, while profits for its first quarter reached 7.15 trillion won (U.S. $6.5 billion U.S.) In its earnings guidance disclosed on April 5, Samsung […]
Kodak to Sell its Personalized Imaging and Document Imaging Businesses to U.K. Kodak Pension Plan; Reports First Quarter Profit
Eastman Kodak Company announced a settlement agreement with the U.K. Kodak Pension Plan (KPP), its largest creditor, under which Kodak will sell its Personalized Imaging and Document Imaging businesses to KPP for $650 million. Earlier this month, Kodak announced that Brother will be seeking to purchase Kodak’s Document Imaging for some $210 million. Brother International […]
Sales up, but Profit down for Kyocera Corporation
Kyocera Corporation of Japan reported that sales for its fiscal year ending March 2013 increased by 7.5 percent to 1.28 trillion yen, but net profit declined by 16.2 percent to 66.47 billion yen. Sales were driven by higher demand for ceramics and semiconductors.Sales for the Information Equipment Group, which includes digital copiers/MFPs, increased versus fiscal 2012 […]
Canon Net Income Down for First Quarter, but Raises Outlook
Canon Inc. of Japan reported that for its first quarter of 2013, net income was down 33.5 percent versus the same quarter a year ago, with sales down 1.5 percent, and gross profit down 1.3 percent. Sales for the Office Imaging System business were down 13.8 percent versus the same quarter a year ago. The company […]
Xerox Total Revenue Down Three Percent for 1st Quarter, but Services Revenue up Four Percent
For its first quarter, Xerox reported total revenues of $5.4 billion, down 3 percent, but revenue from the company’s services business was up 4 percent, and now represents 55 percent of total revenue. Earnings per share were 23 cents, while adjusted earnings per share of 27 cents, which includes a 2-cent benefit from a reserve […]
Blackstone Drops Out of Bidding for Dell
From the New York Times: The Blackstone Group has walked away from the bidding for Dell, the computer maker confirmed on Friday. The private equity giant, along with a separate bidder, the activist investor Carl C. Icahn, had been inspecting the books of the personal computer maker before deciding whether to make a rival bid to the $13.65-a-share offer to take […]
EFI Reports Record Revenue for First Quarter
Electronics For Imaging (EFI) announced its results for the first quarter of 2013. For the quarter ended March 31, 2013, the company reported first-quarter record revenue of $171.4 million, up 7 percent compared to first-quarter 2012 revenue of $160.1 million. Net income was $8.4 million, or $0.17 per diluted share, compared to $6.2 million or $0.13 per […]
Investor Carl Icahn Gets Stake in Nuance Communications.
From the Boston Globe: Carl Icahn is back in Massachusetts, and this time he may face his biggest brawl yet over a Bay State company. Icahn, a billionaire investor who pressures underperforming companies to make massive changes, disclosed Monday that he has accumulated 9.3 percent of Nuance Communications Inc., maker of the speech technology behind […]
Blackstone, Carl Icahn Make Higher Bids for Dell
The Dell Board’s Special Committee has announced that Blackstone and investor Carl Icahn have submitted two alternative buy-out proposal alternatives to the Micheal Dell and Silver Lake Partners’ buyout proposal. Under the bid from private-equity firm Blackstone, Dell shareholders would receive $14.25 per share, while under the Icahn bid, shareholders would receive $15 per share. […]
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Review and Report: HP Officejet 6600/6700 Premium e-All-in-One with Photo Gallery
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Review and Report: HP Officejet Pro 8600 e-All-in-One Series
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Updated for MS Windows 7 – How To ‘Really’ Remove Unused Print Drivers From Your PC
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Just Another A4 Ink-Jet MFP? This One Prints on 13″x19″ and Scans up to 11″x17″
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Review: HP’s ePrint Print Driver for Windows
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A Pictorial Review of HP iPrint Photo 3.0 Application for Apple IOS 4.2.1
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A Look at Memjet’s First Office All-in-One, the EvoJet Office Pro 310
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iPad Wi-Fi Connection Problems–FIXED! (Updated)
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Review: HP Officejet Pro 8100 ePrinter
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HP’s 70-ppm Officejet Pro X Printer Versus Memjet’s 60-ppm C6010: How Do They Stack Up?
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LaserAge One of Canada’s First to Resell Memjet 60-PPM C6010 Color Inkjet Printer
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Review: Hewlett-Packard Universal Print Driver and the New Officejet Pro 8000 Enterprise Printer
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Review: Hands-On with Epson’s WorkForce WF-7520 Wide-Format MFP
- Xerox CFO Leaving for Apple
- Blackstone Drops Out of Bidding for Dell
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Canon Refreshes Color Ink-Jet Family With Five New Pixmas
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Managed Print Services Market Growing at 11.7 Percent
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FujiFilm Australia Considering Consumer 3D Printer Market
- OpenText RightFax and Fax Appliance Now Available for Konica Minolta bizhub MFPs
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Patent Company Strikes at Connecticut Company, Demands $75,000 for Using Scan to e-Mail
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New Xerox DocuMate 4700 Scans up to 11″X17″ Originals, Can be Linked to Xerox ADF Scanners
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Fuji Xerox Releases Memjet-Powered DocuWide C842 for Japan and Asia Pacific
- Worldwide Large-Format Printer Market Sluggish in First Quarter, Reports IDC
- Mountaincow Selling OKI’s C711WT with White Toner, C610 Digital Color Printers
- Earnings Down for Dell’s First Quarter
- First-Quarter Worldwide Printer/MFP Shipments Down 9.7 Percent
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Used with SkyDesk CRM, Fuji Xerox’s New PhotoNote App Enables Users to Convert Handwriting into Digital Format
- Rioch’s New Accounts Payable Solutions Designed to Help Small and Mid-Size Businesses Make Invoice Processing More Efficient
- Kodak Introducs New ScanMate i940 Document Scanner Designed for Apple Mac Users
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IPP Everywhere May be New Standard for Mobile Printing
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NEW: Industry Events Calendar
- Kyocera U.K.’s New TASKalfa265ci is an A4 HyPAS-Enabled Color MFP
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Canon’s Next-Generation of uniFLOW Provides Management of both Office and Print-Room Scan and Print from One Platform
- New Nuance Dragon Notes Speech-Recognition App for Windows 8 Devices
- Kodak Launches Info Insight Platform Software for Integrating Unstructured Data such as emails into Business Processes
- Fujitsu to Incorporate Charismathics’ Smart Card-Security Solutions into Network Scanners.
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