EU VAT reform targets online imports

EU VAT reform targets online imports

New rules aim to curb duty evasion and boost compliance via one-stop system. The Council of the European Union has agreed a general approach to new VAT rules designed to simplify tax collection for distance sales of imported goods into the EU. The move aims to close...
Konica Minolta posts steep loss

Konica Minolta posts steep loss

Japanese group eyes profit rebound after ¥64 billion loss on impairments and restructuring. Konica Minolta fell deep into the red in its financial year to March 2025, posting an operating loss of ¥64 billion ($411 million/ €379 million), as the Japanese technology...
Lexmark again named a Leader by Quocirca

Lexmark again named a Leader by Quocirca

Lexmark has again been named a leader in cloud print services by global market insight and research firm Quocirca. This is the fourth consecutive year that Lexmark has been recognised. The Quocirca Cloud Print Services Landscape 2025 report examined the current state...
EU VAT reform targets online imports

Ricoh profits rise despite headwinds

Japanese group boosts profit amid declining print sales and tariff threats. Ricoh has reported a 3.5% rise in net profit to ¥45.7 billion ($293 million/ €273 million) for the financial year ended 31 March 2025, as gains in office services and production printers...
Kyocera profit falls amid restructure

Kyocera profit falls amid restructure

Strong printer performance offsets group pain from restructuring and impairment charges. Kyocera Corporation has reported a sharp decline in group profits for the year ended 31 March 2025, as restructuring and one-off impairment charges overshadowed solid growth in...