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Oki impacted by material procurement issues

Oki impacted by material procurement issues

In the nine months period Oki reported decreased net sales but operating profit improved year-on-year (YoY). Oki Electric Industry Co., Ltd for the first nine months period of fiscal year 2022/23, ending 31 March 2022, reported net sales of ¥246.4 billion ($2.14...
Toshiba Tec reports massive jump in profits

Toshiba Tec reports massive jump in profits

In the company’s latest financials results for the nine months period ended 31 December 2021, the company recorded a year-on-year (YoY) increase of 171% in operating profits and an 11.8% increase YoY in net sales. Toshiba Tec reported net sales of ¥328.52 billion...
Brother’s sales revenue increases 4% YoY

Brother’s sales revenue increases 4% YoY

The company said that the revenue increased mainly due to good performance in the machinery business, and business segment profits decreased due to “a significant increase in logistics costs and parts and materials costs.” Sales revenue for the third quarter of...
Oki impacted by material procurement issues

Kyocera shows recovery in latest financials

The company has released its latest financial results for the nine months period which ended 31 December 2021. Sales revenue for the nine months increased by ¥255 billion ($2.2 billion/ €1.97 billion), or 23.2%, to ¥1,355 billion ($11.81 billion/ €10.49 billion),...
Konica Minolta records revenue increase of 7.6%

Konica Minolta records revenue increase of 7.6%

In its latest financial results, Konica Minolta said it did not reach its forecasted revenue and operating profit for the period, which was caused due to supply delays and longer lead times. The Group recorded a revenue of ¥661.5 billion ($5.8 billion/ €5.1 billion),...