by stefanie | May 9, 2025 | City News
The company posted solid 2024 gains but warns of 2025 slowdown. Oki Electric Industry has posted a third consecutive year of revenue growth, with net sales for the year ending March 2025 rising 7% to ¥452.5 bilion ($2.9 billion/ €2.7 billion), the company’s highest...
by stefanie | May 9, 2025 | City News
Strong imaging and chip gains offset printer decline and soft healthcare profitability. Fujifilm Holdings posted record results for the fiscal year ended 31 March 2025, with consolidated revenue rising 7.9% to ¥3.20 trillion ($20.6 billion/ €19.3 billion) and net...
by stefanie | May 2, 2025 | City News
The company grows sales in key printing segments but faces headwinds from forex and tariffs. Seiko Epson reported full-year revenue of ¥980.1 billion ($6.3 billion/ €5.9 billion) from its printing solutions segment, a 6.7% rise year-on-year. However, while sales of...
by stefanie | May 2, 2025 | World Focus
Reinvention strategy cushions losses as print revenue drops and IT growth surges. Xerox reported a narrower first-quarter loss despite continued weakness in its core print business, as its IT services segment more than doubled revenue following the ITsavvy...
by stefanie | Apr 25, 2025 | City News
Canon reported record first-quarter sales and operating profit but warned that new US tariffs could dent full-year performance. The Tokyo-listed company said on Thursday that net sales for the three months to March rose 7.1% year-on-year to ¥1.06 trillion ($6.8...