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Konica Minolta posts steep loss

Konica Minolta posts steep loss

Japanese group eyes profit rebound after ¥64 billion loss on impairments and restructuring. Konica Minolta fell deep into the red in its financial year to March 2025, posting an operating loss of ¥64 billion ($411 million/ €379 million), as the Japanese technology...
Ricoh profit hit despite sales surge

Ricoh profit hit despite sales surge

Yen weakness and office services growth bolster revenue as printing division struggles. Ricoh reported a decline in profit despite an 8.1% rise in revenue to ¥1.83 trillion ($12.2 billion/ €11.3 billion) for the nine months to the end of December 2024, as...
Sharp profits surge despite sales fall

Sharp profits surge despite sales fall

Electronics giant posts eightfold rise in operating profit amid restructuring drive. Sharp Corporation reported a sharp increase in operating profit despite a decline in overall revenue, as cost-cutting measures and restructuring efforts bore fruit. The Japanese...
Epson profits hit by weak ink sales

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...
Konica Minolta posts steep loss

Sharp rebounds amid profitability challenges

Sharp Corporation returns to profit despite sectoral weaknesses and foreign exchange impact. Sharp Corporation reported a modest but symbolic return to profitability in the first half of fiscal 2024, marking a positive shift for the Japanese tech giant following...