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Planet Ark exits administration

Planet Ark exits administration

Planet Ark returns to operations after creditors back restructuring plan through voluntary administration. Planet Ark Environmental Foundation has announced its return to full operations after creditors unanimously approved a plan to restructure the organisation and...
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...
Konica Minolta hit by impairment losses

Konica Minolta hit by impairment losses

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...