Konica Minolta Reports Results for Fiscal Year
In the company’s Office Business group, in addition to strong sales of color copier/MFPs in North America, sales in China grew significantly.
Category: Financial News
Stellar Fiscal Year for Toshiba TEC
Toshiba Tec’s other business group, its Retail Solutions group, recorded net sales of 324.5 billion yen, up 3.7 percent versus the previous fiscal year, and operating income of 17.3 billion yen, up 6.0 percent versus the previous fiscal year.
Kodak Reports First-Quarter 2018 Results
Kodak CEO Jeff Clarke commented: “Kodak had continued strong performance in SONORA Process-Free Plates, FLEXCEL NX Packaging and PROSPER Inkjet annuities. We are on plan to deliver full-year revenue and Operational EBITDA performance within the expected guidance range.”
Nuance Reports Second-Quarter 2018 Results
Nuance CEO Mark Benjamin commented: “In just a few weeks, my conviction about the potential of this company has been affirmed. There is real momentum in the core business, making it an exciting opportunity to step in at this pivotal moment.”
Brother Reports Fiscal Year, Fourth-Quarter Results
Brother noted: “Due to the effects of lower corporate taxes in the U.S. and other factors, record high profits are forecast.”
OKI Reports Results for Fiscal Year
OKI is forecasting increases in net sales, operating income, and income, for its current fiscal year that will end in March 2019.
This Week in Imaging: What’s Next for Xerox? Plus, Ricoh, Epson, EFI Financials, More
A private-equity deal may also be in the works: on May 2nd Reuters reported that buy-out firm Appollo Global is approaching Xerox with possible acquisition in mind. Meanwhile, Fujifilm said it will appeal the court order blocking the deal.
EFI Reports Record First-Quarter Revenue For First-Quarter 2018
Electronics For Imaging (EFI) today reported results for first-quarter 2018, reporting “record” first-quarter revenue of $239.9 million, up 5 percent compared......
Xerox Reports First-Quarter Results
Because of Xerox’s announcement this week that its CEO and six Xerox board members will be stepping down under its pending Director Appointment, Nomination and Settlement Agreement with Carl Icahn and Darwin Deason, Xerox is not releasing a financial forecast.
Ricoh Reports ¥135.5 Billion Loss for Fiscal Year
For its fiscal year that will end in March 2019, Ricoh is forecasting that sales will be down slightly (-1.1 percent) and net income of ¥47 billion.
Revenue up for Epson’s Fiscal Year, but Profits Down
Revenue generated by Epson’s Printing Solutions group was ¥736.6 billion, up 7.3 percent year-over-year.
Reflecting Profitable Fiscal Year, Sharp to Pay Dividends For First Time in Six Years
“Considering our earnings, financial condition, and future business growth, Sharp has decided to pay dividends for the first time in six years.”
Kyocera Reports Record Sales for Latest Fiscal Year
Sales generated by Kyocera’s Document Solutions group totaled ¥370 billion, up 23.5 percent versus the previous fiscal year.
Canon Inc. Reports First-Quarter Results
Canon says office copier/MFP sales rose versus the same period of the previous year, supported by expanded sales of next-generation color models designed to strengthen the product lineup, such as the A3 (12”x18”) imageRUNNER ADVANCE C5500 series.
Konica Minolta Expected to See Strong Printer Demand in China
Konica Minolta is also expected to benefit from lower costs this fiscal year, as its spending for employee-retirement benefits and warehouse reorganization “is likely to drop off.”
Toshiba Refutes Recent Rumors Concerning Pending Sale of Memory-Chip Business
The firm stated that multiple press reports on April 23 and 24 claim that Toshiba is considering cancelling sale of Toshiba Memory Corporation if the proposed sale isn’t approved by China’s anti-monopoly regulator.
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