Ricoh sees Q1 sales surge, profit falls

Ricoh sees Q1 sales surge, profit falls

Ricoh reports strong sales growth in Q1 but faces declining profits amid operational challenges. Ricoh Company, Ltd. has announced its consolidated financial results for the first quarter ended June 30, 2024, reporting consolidated sales of ¥574.3 billion (€3.42...
Brother Industries faces printing profit challenges

Brother Industries faces printing profit challenges

Revenue surges 7.1% but Printing & Solutions profits remain flat amidst higher expenses. Brother Industries Ltd reported a 7.1% year-on-year increase in revenue for the first quarter of fiscal year 2024, reaching ¥214.7 billion (€1.35 billion/ $1.47 billion). This...
Xerox’s Q2 revenue declines amid strategic overhaul

Xerox’s Q2 revenue declines amid strategic overhaul

Xerox reports a significant drop in Q2 revenue due to strategic changes and macroeconomic challenges. Xerox Holdings Corporation announced its second-quarter 2024 financial results, revealing a 10% year-over-year revenue decline to $1.58 billion (€1.43 billion). This...
Ninestar projects 2024 profit surge

Ninestar projects 2024 profit surge

Ninestar forecasts net profits to soar over 140%, driven by strong growth in key business segments. Ninestar Co., Ltd. has released its unaudited semi-annual forecast for 2024. It projects a robust financial performance with significant growth in net profit and...