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New York State Senate passes Right to Repair bill

New York State Senate passes Right to Repair bill

On 3 June, the New York State Senate passed a bill, titled “Digital Fair Repair Act”, which relates to the sale of digital electronic equipment; requires original equipment manufacturers to provide diagnostic and repair information. This bill requires OEMs to make...
Toshiba discusses potential privatisation?

Toshiba discusses potential privatisation?

In an announcement made on 13 May, Toshiba said that it is engaging with potential investors, sponsors and partners to solicit proposals on strategic alternatives (including privatisation) “to enhance the Company’s corporate value”. After setting up the “Special...
Epson publishes Q4 and FY results

Epson publishes Q4 and FY results

The company said that revenue over the year grew due to market recovery from COVID-19 and continued at-home print demand despite constrained supply due to materials shortages and logistics disruptions. For the fourth quarter, revenue was ¥282.1 billion ($2.15 billion/...
Canon reports 5th consecutive quarter of sales growth

Canon reports 5th consecutive quarter of sales growth

The OEM has released its first quarter results, recording a year-on-year net sales growth of 4.4%. Canon recorded net sales of ¥879.4 billion ($6.9 billion/ €6.4 billion) for the first quarter of 2022. Gross profit for the quarter grew 2.6% year-on-year to ¥394.4...