Brother Reports Fiscal Year, Fourth-Quarter Results
Brother noted: “Due to the effects of lower corporate taxes in the U.S. and other factors, record high profits are forecast.”
Category: Financial News
OKI Reports Results for Fiscal Year
OKI is forecasting increases in net sales, operating income, and income, for its current fiscal year that will end in March 2019.
This Week in Imaging: What’s Next for Xerox? Plus, Ricoh, Epson, EFI Financials, More
A private-equity deal may also be in the works: on May 2nd Reuters reported that buy-out firm Appollo Global is approaching Xerox with possible acquisition in mind. Meanwhile, Fujifilm said it will appeal the court order blocking the deal.
EFI Reports Record First-Quarter Revenue For First-Quarter 2018
Electronics For Imaging (EFI) today reported results for first-quarter 2018, reporting “record” first-quarter revenue of $239.9 million, up 5 percent compared......
Xerox Reports First-Quarter Results
Because of Xerox’s announcement this week that its CEO and six Xerox board members will be stepping down under its pending Director Appointment, Nomination and Settlement Agreement with Carl Icahn and Darwin Deason, Xerox is not releasing a financial forecast.
Ricoh Reports ¥135.5 Billion Loss for Fiscal Year
For its fiscal year that will end in March 2019, Ricoh is forecasting that sales will be down slightly (-1.1 percent) and net income of ¥47 billion.
Revenue up for Epson’s Fiscal Year, but Profits Down
Revenue generated by Epson’s Printing Solutions group was ¥736.6 billion, up 7.3 percent year-over-year.
Reflecting Profitable Fiscal Year, Sharp to Pay Dividends For First Time in Six Years
“Considering our earnings, financial condition, and future business growth, Sharp has decided to pay dividends for the first time in six years.”
Kyocera Reports Record Sales for Latest Fiscal Year
Sales generated by Kyocera’s Document Solutions group totaled ¥370 billion, up 23.5 percent versus the previous fiscal year.
Canon Inc. Reports First-Quarter Results
Canon says office copier/MFP sales rose versus the same period of the previous year, supported by expanded sales of next-generation color models designed to strengthen the product lineup, such as the A3 (12”x18”) imageRUNNER ADVANCE C5500 series.
Konica Minolta Expected to See Strong Printer Demand in China
Konica Minolta is also expected to benefit from lower costs this fiscal year, as its spending for employee-retirement benefits and warehouse reorganization “is likely to drop off.”
Toshiba Refutes Recent Rumors Concerning Pending Sale of Memory-Chip Business
The firm stated that multiple press reports on April 23 and 24 claim that Toshiba is considering cancelling sale of Toshiba Memory Corporation if the proposed sale isn’t approved by China’s anti-monopoly regulator.
Toshiba Completes Sale of Westinghouse to Brookfield
Toshiba Corporation of Tokyo, Japan, announced today that it’s completed the sale of its holdings in Toshiba Nuclear Energy, the......
Lexmark Completes Security Agreement with China CITIC Bank
Lexmark International today announced that, as of April 2, 2018, it’s entered into a security agreement with China CITIC Bank, as......
Sale of Toshiba’s Memory Business Delayed
Some investors have opposed the sale of Toshiba’s profitable memory-chip business, arguing that the $18 billion sale price is too low.
This Week in Imaging: How IKON, Lanier, Savin Acquisitions Have Made a Tough Road for Ricoh
At first it seemed the acquisition of IKON would only be a boon for Ricoh. After all, IKON was said to be the world’s largest independent provider of copier/MFPs, printers, and related services, with over 400 offices in North America and Western Europe, regional sales and service training facilities, a roster of Fortune 500 customers, and revenues of $4,167 million for its fiscal year before it was purchased by Ricoh.
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