by stefanie | Feb 14, 2025 | City News
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...
by stefanie | Feb 7, 2025 | City News
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...
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...
by stefanie | Nov 13, 2024 | City News
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...
by stefanie | Nov 8, 2024 | City News
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...
