by stefanie | Aug 7, 2024 | City News
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...
by stefanie | Aug 1, 2024 | City News
Strong sales in Kyocera’s printer unit boost revenue, but rising costs dent profits. Kyocera Corporation reported a mixed performance in the first quarter of fiscal 2025, with a significant uptick in sales revenue but a decline in profits due to rising costs....
by stefanie | Jul 31, 2024 | City News
The company struggles with deficits despite revenue growth, driven by inefficiencies and market challenges in key segments. Konica Minolta reported robust revenue growth for Q1 FY2024, ending 30 June 2024, achieving ¥286.2 billion (€1.83 billion/ $2.02 billion), up 7%...
by stefanie | Jul 31, 2024 | World Focus
Despite mixed results, Epson’s printing solutions segment grew significantly, buoyed by yen depreciation. Seiko Epson Corporation, the Japanese electronics giant, reported mixed financial results for the quarter ending June 30, 2024. Despite a 6.9% increase in...
by stefanie | Jul 26, 2024 | World Focus
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...
