Sharp Corporation of Japan reports that for its fiscal year ended March 31, 2011, net income was 19.4 billion yen, 4.4 times that of the previous year, while sales were 3,021.9 billion yen, up 9.7 percent compared to the previous year. Sales of Information Equipment, which includes digital copiers/MFPs, were 273.9 billion yen, up 2.6 [...]
Tag Archives: Japan Earthquake
Ricoh Toner Factory Resumes Production
Ricoh Company of Japan reports that its Tohoku Ricoh manufacturing facility resumed toner production today. The company reports that the March earthquake and tsunami in Japan, as well as a significant earthquake aftershock on April 7th, forced it to temporarily halt toner production at the facility; all facilities in Japan had resumed operation by April [...]
Ricoh Japan Income Down -29.5% for Fiscal Year; Sales Down Slightly
Ricoh Company, Ltd. of Japan has reported that for its fiscal year ended March 11, 2011, net income was down –25 percent to 19.6 billion yen versus the previous year, while sales were down slightly (-3.7 percent). However, for fiscal year ending in March 2012, the company is forecasting net income up 47.6 percent to [...]
Ricoh Japan Copier Factory Nearly Back to Full Production
The New York Times has just published a story that looks at conditions at the Tohoku Ricoh copier factory in Japan affected by the March 11 earthquake and tsunami. Despite an upended assembly line, toppled water tank, and homes flooded or destroyed, Ricoh employees at the factory appear undaunted by these challenges. The Times explains [...]
Canon, Sharp, Lexmark, Océ Report Mixed Financial Results
Canon Reports Income Down –2.4 Percent for 1st Quarter, Sales Up 11.1 Percent; Expects Lower Sales for Fiscal 2011 Due to Japan Earthquake For first-quarter 2011, Canon Inc. of Japan reported net income of 55.5 billion, down –2.4 percent versus first-quarter 2010, while sales were up 11.1 percent to 839.2 billion yen. However, the company [...]
Canon Inc. Earnings May be 27% Lower Due to Production Difficulties in Japan
Canon Inc.’s earnings may be 27-percent lower this year than had been previously forecast, due to earthquake damage sustained by manufacturing plants and rolling power blackouts in Japan, according to Bloomberg News, which cites a report from Barclays Plc analyst Masahiro Nakanomyo, who is based in Toyko. According to the Barclays’ report, extensive damage at [...]
Epson Japan Reports Employee Casualty, Some Plant Stoppages
Seiko Epson of Japan today issued an update on its employees and production facilities affected by the magnitude 9.0 earthquake that struck Japan on March 11th. While the firm continues to confirm that there were no employee casualties caused by the March 11th 9.0 earthquake, it’s been unable to make contact with one employee. However [...]
OKI Japan’s Fukushima Plant Resumes Production of Printers, Consumables
OKI Electric Industry of Japan reports that it’s resumed manufacturing operations today, April 11th, at its Fukushima facility that produces printers and consumables for the Japanese market. Production had been suspended at the plant following the magnitude 9.0 earthquake and subsequent tsunami that stuck Japan on March 11. OKI notes though that production may be [...]
Ricoh Reports Most Production Lines Restored, But Toner Production at One Facility to Resume in May
Ricoh Company has reported that production has resumed at most of its manufacturing facilities affected by the magnitude 9.0 earthquake that struck Japan on March 11. At Tohoku Ricoh Co., Ltd. located in Shibata-gun, Miyagi, parts production is gradually resuming operations. April 11 is the target date for full resumption of all production line production. [...]
Canon, Fuji Xerox Update Status of Manufacturing Plants Affected by Earthquake
In the wake of the magnitude 9.0 earthquake and subsequent tsunami that struck Japan on March 11, Canon Inc. and Fuji Xerox report encouraging progress in resuming production at affected manufacturing plants. However, delays in production have some analysts are predicting a brief shortage of Canon and Fuji Xerox toner lasting for about one quarter. [...]
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