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Oki’s net sales fall short of forecast

Oki’s net sales fall short of forecast

The company has released its full year 2020 results, stating net sales fell short of forecast due to the prolonged COVID-19 impact. Oki recorded net sales of ¥392.9 billion ($3.6 billion/ €3 billion) for the FY2020 period which is a year-on-year decrease of ¥64.3...
Brother year end results show ups and downs

Brother year end results show ups and downs

Demand for small all in one printers increased for work and learning from home markets, but office print volumes declined and Brothers Karaoke users stop singing! The company has released its annual results for the year ended 31 March 2021 commenting that the demand...
Brother year end results show ups and downs

Toshiba Tec sees improvements in second half of 2020

The company said its operating profit improved due to increased sales, structural reform and through cost management. For the full year 2020 net sales were ¥405.7 billion (3.7 billion/ €3.07 billion) which beat forecasts but was down ¥78.1 billion ($718 million/ €590...
Tech Data announces leadership changes

Tech Data announces leadership changes

Sammy Kinlaw, Kevin Kennedy and Stacy Nethercoat step into new roles to drive growth in edge technologies and advanced solutions, Tech Data said. Tech Data, a global IT distributor and solutions aggregator, announced three key leadership appointments as part of...
EU-China – That was the week that…?

EU-China – That was the week that…?

The EU is suspending plans for a trade deal with China and introducing steps to protect against economic competition from China that it deems unfair, and India is the new flavour in Brussels. “We now, in a sense, have suspended … political outreach activities...