The company stated that despite the U.S.-China trade war and other economic disruptions, it “secured bottom-line profit…with its profit margin outperforming” the same period a year earlier.
Category: Financial News
Canon Inc of Tokyo, Japan, today reported financial results for its fourth-quarter 2018 and its full 2018 fiscal year.
Net income for the fourth quarter was $137 million, compared to a loss of $190 million for fourth-quarter 2017. Fourth-quarter EPS was 56 cents per share, an increase of $1.34 versus fourth-quarter 2017.
In what should probably surprise no one,The Epoch Times reported this week that Ricoh is shifting some of manufacturing out of...
EFI indicated that its results were affected by weakening economic conditions experienced across its direct businesses, with customers delaying spending on capital equipment and software, which materially reduced EFI’s close rates at the end of the fourth quarter.
HP said tariffs announced by the United States on products imported from China and implemented through September didn’t have an impact on the company during the fourth quarter.
Nuance will spin off its Automotive segment into a new, independent, publicly traded company.
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Toshiba’s five-year strategy calls for the sale of two business and 7,000 job cuts.
In Brother’s Printing & Solutions group, sales were down 0.3 percent, but operating profit was up 29.0 percent.
Kyocera said the gains were due to contributions from merger and acquisition activities and increases in sales generated by its Components Business and Document Solutions Group.
Printer sales exceeded OKI’s expectations, although they slightly declined year-over-year by 1 percent.
Among Epson’s strategies is to expand and enhance its lineup of high-capacity ink-tank inkjet printers.
In the office products business unit, the number of sales of monochrome A3 MFPs declined year-over-year, but sales of color models grew considerably, resulting in an overall increase in sales volume.
Operating profit for the Smart Business Solution segment was 9.0 billion yen, down 7.3 percent versus the same period a year earlier.
While sales in the Office Service segment, Industrial Printing segment, and Thermal Media segment increased, sales in the Office Printing segment decreased as compared to the previous corresponding period.