Brother profits rise despite cost pressures

Brother profits rise despite cost pressures

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...
Konica Minolta hit by impairment losses

Konica Minolta hit by impairment losses

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...
Toshiba Tec profits surge despite yen

Toshiba Tec profits surge despite yen

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...
Kyocera profits tumble despite stable revenue

Kyocera profits tumble despite stable revenue

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...
Kyocera profits tumble despite stable revenue

Epson profits hit by weak ink sales

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...