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OKI posts strong gains despite challenges

OKI posts strong gains despite challenges

Revenue surges as enterprise demand grows, but EMS sector faces headwinds. OKI Electric reported strong financial results for the first half (1H) of fiscal year 2024, marking a 13% year-over-year (YOY) growth in revenue to ¥197.7 billion ($1.32 billion/ €1.25 billion)...
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...
Kyocera’s growth driven by document demand

Kyocera’s growth driven by document demand

A weaker yen boosts revenue, but rising costs and weak components business weigh on profits. Kyocera has posted a modest increase in half-year revenue driven largely by the Document Solutions segment and currency gains from the weakening yen. However, mounting labour...