Slow Sales, But Higher Profits for Ricoh’s First-Quarter
Sales in the Americas decreased by 2.3 percent year-over-year due to the decline of sales in the Office Printing group, although sales in the Commercial Printing group were up.
Category: Financial News
Sharp Decline in Operating Profit for Konica Minolta’s First Quarter
Operating profit plunged to ¥0.5 billion, a decline of 96.4 percent year-over-year.
Profits Plunge for Epson’s First Quarter, But Maintains Forecast
Within the Printing Solutions’ group, revenue for printers – consisting of 82 percent inkjet models – was down 8.2 percent year-over-year.
Revenue Down but Net Income up for Xerox’s Second Quarter
Xerox stated that its Project Own It cost-cutting program contributed some $640 million of savings thus far in 2019.
OKI Reports Mixed Financial Results
OKI Electric Industry of Japan today reported financial results for the first quarter of its fiscal year that will end......
Canon Reports Results for Second Quarter
Citing the impact of the U.S.-China trade war and other factors, the firm said it doesn’t see any signs of improvement in the business environment, and lowered it forecast for its fiscal year.
Profits, Sales Forecast to be Down for Canon’s Last Six Months
One factor is likely to be a slowing economy in Europe, which has resulted in European companies delaying investments, including investments in office-imaging equipment.
Ninestar Reports Preliminary Results for First Half
Ninestar Technology of Zhuhai, China, recently reported preliminary financial results for its half year that ran from January 1 to......
HP Inc. Executives Discuss Second-Quarter Results
According to HP Inc. CFO Steve Fieler, HP will work to mitigate the effects of tariffs, include optimizing its manufacturing facilities around the world, and adjusting pricing.
Slow Second Quarter for HP Inc.
HP Inc. today reported results for the second quarter of its fiscal 2019 year, reporting second-quarter net revenue of $14.0 billion, up 0.2 percent versus second-quarter 2018.
Konica Minolta Touts Growing IT Revenue
On May 20th, Konica Minolta Europe issued a press release discussing the continued growth of revenue generated by its IT...
Declining Sales, Profits for Toshiba TEC’s Fiscal Year
Net sales for Toshiba TEC’s Printing Solutions Group were ¥192.9 billion, up ¥7.0 billion versus the previous fiscal year.
Improved Results for Toshiba’s Fiscal Year
Toshiba Corporation of Tokyo, Japan, today reported improved fiscal year financial results. For its fiscal year that ended on March 31,......
OKI Reports Upbeat Fiscal-Year Results
OKI Electric Industry Company of Japan today reported results for its fiscal year that ended on March 31, 2019, with......
Ricoh Reports Much Improved Earnings for Fiscal Year
Ricoh Company of Tokyo, Japan, today reported results for its fiscal year that ended on March 31, 2019. Net sales......
Mixed Bag for Sharp’s Fiscal Year
Sharp said it has achieved 10 consecutive quarters of increasing net profits since the third-quarter quarter of its fiscal 2016 year.
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