The company said that the revenue increased mainly due to good performance in the machinery business, and business segment profits decreased due to “a significant increase in logistics costs and parts and materials costs.”
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Kyocera shows recovery in latest financials
The company has released its latest financial results for the nine months period which ended 31 December 2021.
Ricoh acquires Axon Ivy AG
Ricoh Company, Ltd. announced the acquisition of Axon Ivy and its digital process automation platform.
Konica Minolta records revenue increase of 7.6%
In its latest financial results, Konica Minolta said it did not reach its forecasted revenue and operating profit for the period, which was caused due to supply delays and longer lead times.
Epson third quarter revenue up year-on-year
The company released its third quarter results recording increased revenue year-on-year but profit decreased due to “soaring materials and logistics costs”.
Canon releases full-year results and 2022 projections
For the full year 2021 Canon recorded a year-on-year 11.2% increase in net sales and 18.3% increase in gross profit.
