Yen weakness and office services growth bolster revenue as printing division struggles.
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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.
Oki revenue surges despite EMS woes
Japanese manufacturer posts strong sales growth, but Electronics Manufacturing Services division struggles.
Sharp profits surge despite sales fall
Electronics giant posts eightfold rise in operating profit amid restructuring drive.
Brother profits rise despite cost pressures
Printer sales and foreign exchange gains boost Brother’s results, but higher costs squeeze margins.
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.
