Brother: Strong revenue growth amid profit pressures

Brother: Strong revenue growth amid profit pressures

Despite revenue gains, operating and comprehensive profits Brother struggles against rising costs and currency impact. The Japanese electronics firm reported a 6.9% rise in revenue, achieving ¥427.2 billion ($2.85 billion/ €2.70 billion), for the first half of its...
Toshiba Tec sees profit surge amid strategic shift

Toshiba Tec sees profit surge amid strategic shift

Increased business transfer income drives Toshiba Tec’s net profit growth in first half. Toshiba Tec Corporation recorded a marked increase in profit for the first half of FY2024, with net earnings leaping to ¥26.6 billion ($176 million/ €163 million), compared to...
Oki’s enterprise solutions boost profits

Oki’s enterprise solutions boost profits

Oki Electric Industry posts substantial gains amid mixed segment performance, leveraging project-based growth to offset electronics headwinds. Oki Electric Industry Co. Ltd (OKI) reports a healthy start to fiscal 2024, achieving significant growth in revenue and...
Konica Minolta revenue up despite losses

Konica Minolta revenue up despite losses

Revenue climbs 5.6% year-on-year; restructuring costs impact overall profitability amid mixed regional performance. Konica Minolta CEO Toshimitsu Taiko reported a 5.6% increase in revenue for the first half of 2024, reaching ¥583.7 billion ($3.9 billion/€3.7 billion),...