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Sharp rebounds amid profitability challenges

Sharp rebounds amid profitability challenges

Sharp Corporation returns to profit despite sectoral weaknesses and foreign exchange impact. Sharp Corporation reported a modest but symbolic return to profitability in the first half of fiscal 2024, marking a positive shift for the Japanese tech giant following...
OKI posts strong gains despite challenges

OKI posts strong gains despite challenges

Revenue surges as enterprise demand grows, but EMS sector faces headwinds. OKI Electric reported strong financial results for the first half (1H) of fiscal year 2024, marking a 13% year-over-year (YOY) growth in revenue to ¥197.7 billion ($1.32 billion/ €1.25 billion)...
Ricoh struggles amid costly restructuring drive

Ricoh struggles amid costly restructuring drive

Ricoh’s growth defied challenges but profit took a serious hit as high restructuring costs eroded gains. Ricoh reported an 8.1% increase in overall sales for the half-year ended 30 September, reaching ¥1,202.5 billion ($8.04 billion/ €7.57 billion). However, profits...
Brother: Strong revenue growth amid profit pressures

Brother: Strong revenue growth amid profit pressures

Despite revenue gains, operating and comprehensive profits Brother struggles against rising costs and currency impact. The Japanese electronics firm reported a 6.9% rise in revenue, achieving ¥427.2 billion ($2.85 billion/ €2.70 billion), for the first half of its...