by stefanie | Feb 6, 2025 | City News
Japanese firm sees sales growth but workplace solutions profits hit by weak currency. Toshiba Tec has reported a sharp rebound in profitability, with net sales rising to ¥425.5 billion ($2.87 billion/ €2.64 billion) for the first nine months of FY2024, an increase of...
by stefanie | Feb 3, 2025 | City News
The company struggles with weak demand and one-time costs, printer sales rise. Kyocera has reported a sharp decline in profits for the first nine months of its financial year, despite steady sales revenue of ¥1.49 trillion (€9.4 billion/ $10.2 billion). The Japanese...
by stefanie | Jan 31, 2025 | City News
Printer sales hold up, but declining ink revenues and price erosion weigh on profits. Seiko Epson Corporation reported a 23.3% decline in business profit for its third quarter, as falling ink revenues and printer price erosion overshadowed strong sales of...
by stefanie | Jan 30, 2025 | City News
Japanese technology group sees robust printer sales but profit hit by medical unit impairment. Canon’s printing division helped drive revenue growth in 2024, but overall profits slumped as the Japanese technology group took a significant impairment charge against its...
by stefanie | Jan 29, 2025 | City News
The OEM reports declining revenue as cost-cutting boosts margins but market headwinds persist. Xerox reported a sharp decline in revenue for both the fourth quarter and full year, as the print and document management company navigates ongoing market headwinds. The...
