Financial

Canon India aims to keep growing

April 17, 2018

The OEM’s Indian division has announced that it is aiming for annual sales reaching R35 billion ($553.1 million/€430.8 million) by its 2020 FY statement of results, and is expecting a continued double-digit growth in the B2B and B2B segments over the years to come. The Economic Times reports that Canon’s strategy to reach customers in […]

Ricoh shares transferred to Nisshinbo

March 2, 2018

The OEM has announced the conclusion of the transferral of 80 percent of the outstanding shares of its subsidiary to Nisshinbo Holdings Inc. The shares were transferred from Ricoh’s consolidated subsidiary, Ricoh Electronic Devices Co., Ltd. Ricoh stated that it would “continue to support our group company […] Ricoh Electronic Devices, through providing infrastructure services […]

Speculation over “underperforming” Ricoh operations

February 23, 2018

CSG experiences a financial shortfall

February 21, 2018