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Oki’s enterprise solutions boost profits

Oki’s enterprise solutions boost profits

Oki Electric Industry posts substantial gains amid mixed segment performance, leveraging project-based growth to offset electronics headwinds. Oki Electric Industry Co. Ltd (OKI) reports a healthy start to fiscal 2024, achieving significant growth in revenue and...
Konica Minolta revenue up despite losses

Konica Minolta revenue up despite losses

Revenue climbs 5.6% year-on-year; restructuring costs impact overall profitability amid mixed regional performance. Konica Minolta CEO Toshimitsu Taiko reported a 5.6% increase in revenue for the first half of 2024, reaching ¥583.7 billion ($3.9 billion/€3.7 billion),...
Epson’s printer sales boost profits amid mixed outlook

Xerox hit by weaker equipment sales

Cost-saving measures provide some relief, but Q3 revenue hit by weaker equipment sales. Xerox Holdings Corp a $1.2 billion (£990 million) loss in the third quarter of 2024 as lower-than-expected sales, delayed product launches, and a one-time goodwill impairment...
Kyocera’s growth driven by document demand

Kyocera’s growth driven by document demand

A weaker yen boosts revenue, but rising costs and weak components business weigh on profits. Kyocera has posted a modest increase in half-year revenue driven largely by the Document Solutions segment and currency gains from the weakening yen. However, mounting labour...