by stefanie | Feb 14, 2025 | City News
Yen weakness and office services growth bolster revenue as printing division struggles. Ricoh reported a decline in profit despite an 8.1% rise in revenue to ¥1.83 trillion ($12.2 billion/ €11.3 billion) for the nine months to the end of December 2024, as...
by stefanie | Feb 7, 2025 | City News
Japanese manufacturer posts strong sales growth, but Electronics Manufacturing Services division struggles. Oki Electric Industry reported an increase in revenue for the third quarter, as robust demand for enterprise and public solutions offset a downturn in its...
by stefanie | Feb 7, 2025 | City News
Electronics giant posts eightfold rise in operating profit amid restructuring drive. Sharp Corporation reported a sharp increase in operating profit despite a decline in overall revenue, as cost-cutting measures and restructuring efforts bore fruit. The Japanese...
by stefanie | Feb 6, 2025 | City News
Printer sales and foreign exchange gains boost Brother’s results, but higher costs squeeze margins. Brother Industries reported an 8.6% rise in third-quarter sales revenue to ¥231.5 billion ($1.55 billion/ €1.43 billion), driven by strong demand for printers and...
by stefanie | Feb 6, 2025 | City News
Konica Minolta has posted a significant operating loss of ¥18.5 billion ($125 million/ €115 million) in its third-quarter results, as hefty impairment charges on its sensing and optical components divisions overshadowed stable revenue growth in its office and...
