by stefanie | Feb 6, 2025 | City News
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...
by stefanie | Feb 6, 2025 | City News
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...
by stefanie | Feb 6, 2025 | City News
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...
by stefanie | Feb 3, 2025 | City News
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...
by stefanie | Jan 31, 2025 | City News
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...