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Ricoh lifts profit nearly 24% on strong Japan sales and cost cuts

Japanese group boosts Q1 profit despite flat global revenues; segment outlooks show strength in products and printing, weakness in European services.

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OKI joins ETRIA joint venture

OKI joins ETRIA joint venture

Ricoh Company, Ltd. (Ricoh), ETRIA CO., LTD. (ETRIA), Toshiba Tec Corporation (Toshiba Tec), and Oki Electric Industry Co., Ltd. (OKI) announced that ETRIA, a joint venture company that was formed on 1 July 2024 to integrate Ricoh and Toshiba Tec’s multifunction printers (MFPs) development and manufacturing, will welcome a new partner, OKI.

Konica Minolta hit by impairment losses

Konica Minolta hit by impairment losses

Konica Minolta has posted a significant operating loss of ¥18.5 billion ($125 million/ €115 million) in its third-quarter results, as hefty impairment charges on its sensing and optical components divisions overshadowed stable revenue growth in its office and production print units.

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