Ninestar Reports Results for Fiscal Year
Ninestar Corporation of China, which purchased Lexmark International in 2016, recently reported financial results for its 2018 fiscal year that ran from January 1 to December 31, 2018.
Category: Financial News
OKI Reports Impairment Loss, But Increases Fiscal Forecast
Despite the impairment loss, OKI increased its forecast for its fiscal year that ended on March 31, 2019
Profits Up, But Revenue Down For Epson’s Fiscal Year
Sales of Epson high-capacity refillable ink-tank models increased by 1.2 million units to 9 million units during Epson’s fiscal year.
Kyocera Posts Record Revenue High for Fiscal Year
Kyocera reported that its sales revenue increased by 46,671 million yen, or 3.0 percent, marking a record high in sales for two consecutive years.
Earnings Up, but Revenue Down for Xerox’s First Quarter
“Our transformation initiatives are yielding results, which give us confidence to raise our full-year earnings guidance despite revenue declines.”
Double-Digit Decline in Sales, Net Income for Canon’s First Quarter
Canon projects full-year 2019 consolidated net sales of 3,850.0 billion yen, a
year-over-year decline of 2.6 percent.
Kodak Reports Loss for Fiscal Year
Kodak also stated that it had entered into an agreement to sell its Flexographic Packaging Division.
A Closer Look at HP Inc.’s First-Quarter Results
In office printing, HP is expanding its contractual A3 business with the introduction of document-finishing capabilities on a range of systems.
Revenue Flat for HP Inc.’s First Quarter
CEO Dion Weisler cited increased economic uncertainties and price sensitivity among its customers for weakness in its printing business.
Toshiba Lowers Forecast for Full Fiscal Year
On February 13th, Toshiba Corporation of Tokyo, Japan, reported financial results for the nine months ending December 31, 2018, with......
OKI Reports Improved Financial Results
OKI Electric Industry Company of Japan recently reported financial results for the nine months that ended on December 31, 2018, reporting net sales of 299.3 billion yen, down 0.7 percent year-over-year.
Toshiba Tec Posts Lower Sales, Revenue, Profit for Third Quarter
For its complete fiscal year that will end on March 31, 2019, Toshiba Tec is forecast net sales of 490 billion, down 4.5 percent versus the previous fiscal year.
Ricoh Reports Much Improved Profits, But Slow Sales, for Third Quarter
Selling, general and administrative expenses for Ricoh’s Office Printing group “decreased significantly due to the effect of structural reforms.”
Konica Minolta Continues to Grow Profits
Profit amounted to 33.7 billion yen, an 81.2 percent year-over-year increase.
Sales Up, But Profits Down for Kyocera
Sales increased for the Electronic Devices Group and the Industrial & Automotive Components Group as well as for the Document Solutions Group, due in part to contributions from aggressive merger and acquisition activities.
Epson Revenue, Profits Flat in Latest Financial Results
Among the factors affecting its financial results, Epson cited ongoing discounting of ink cartridge printers by competitors in advanced economies.
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