Tagged With "Profit Calculator"
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Re: Ricoh Profit down 85%, 3D printing plans on hold?
With some of the click rates I've seen on production gear lately, not to mention deep hardware discounts... <85%> is this a typo??
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Re: Ricoh Profit down 85%, 3D printing plans on hold?
Wow!! 12% reduction in sales... I know it is the smaller half year but that seems really light. Something seems to be wrong with the $'s. 50% operating profit would kick off a celebration large enough for all of us to hear.
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Re: Canon cuts guidance as profit drops 56%
Is there something specific that brought this years figures down? If not, these are some scary numbers from one of the top OEMs.
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Re: Canon cuts guidance as profit drops 56%
@grizzlyadams I'm not sure. Canon still made a ton of profit. Guess a 25% drop in revenue can be dramatic. Maybe someone else can tell us? @Ray Stasiezcko
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Ricoh issues Q2 financial results
In the first six months of the current financial year (April to September), Ricoh witnessed a slight drop in sales, down to ¥988.2 billion ($8.75 billion/€7.71 billion), from the figure of ¥988.8 billion ($8.76 billion/€7.72 billion) in the same period last year – a 1.1 percent decrease. Gross profit also fell, from ¥390.4 billion ($3.46 billion/€3.04 billion) to ¥383.8 billion ($3.4 billion/€2.99 billion), a 1.7 percent drop. However, operating profit more than doubled, rising to ¥52...
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Canon's net profit falls 54% as sales slump
Canon Inc. (7751.TO) said Wednesday that its net profit fell 54% in the fourth quarter from a year earlier amid lower sales across business lines such as printers and medical equipment. Net profit for the quarter ended December was 32.76 billion yen ($300.2 million), missing the estimate of Y47.01 billion from a FactSet poll of analysts. Fourth-quarter revenue declined 9.9% to Y953.47 billion. Revenue fell 7.7% for its office-equipment business and 6.9% for its medical-system business. For...
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Canon Inc.'s group net profit tumbles 50.5% in 2019 amid slowing demand
TOKYO, Jan. 29 (Xinhua) -- Canon Inc. on Wednesday said its group net profit in 2019 slumped 50.5 percent from a year earlier to 125.11 billion yen (1.14 billion U.S. dollars) owing to falling overseas demand for its cameras and printers. The Tokyo-based firm said that a slowdown in global growth coupled with the strength of the Japanese yen contributed to the decline, with the maker of imaging and optical products previously forecasting a net profit of 140 billion yen (1.28 billion U.S.
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Canon: Imaging Profits Down 80% in Q1, But the Worst is Yet to Come
Canon released its Q1 financial report earlier today, and while the impact of COVID-19 has been felt across all of its various businesses, the Imaging Business experienced the most brutal declines. Worse yet, Canon predicts that Q2 will be even more painful. You can find the full financial report at this link , but we’ll try to summarize the key findings in regards to the Imaging business in general, and Cameras specifically. The report begins by pointing out that COVID-19 has “completely...
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Japan's Sharp Halves Full-Year Profit Forecast as Virus Hits Tech Demand
TOKYO — Japan's Sharp Corp, an Apple Inc supplier, cut its full-year profit forecast by 48% on Friday, as demand for technology devices took a hit from the coronavirus outbreak. Sharp, which makes sensors, camera modules and screens for Apple's iPhones, expected annual operating profit in the year ended in March to come in at 52 billion yen ($489 million), down from its previous forecast of 100 billion yen. The company, a unit of Taiwan's Foxconn, said the coronavirus outbreak hurt...
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Ricoh reports earnings for FY2019
- Total sales down 0.2% to 2,008.5 billion yen - Operating profit down 9% to 79 billion yen - Profits down 20.2% to 39.5 billion yen - Office Printing Group (printers and MFPs) sales down 7.4% to 1006.2 billion yen o A3 MFP sales up 3% o Operating profit down from 117.9 billion yen to 90.3 billion yen - Office Services Group (solutions, including DocuWare, managed IT) sales up 18.2% to 568.9 billion yen o Operating profit up from 14.7 billion yen to 29 billion yen o Operating profit from...
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Toshiba reports on expected earnings
- Expects operating profit for fiscal year ended March, 2019 to more than triple that of previous fiscal year - Forecast profit of 130 billion yen or $1.2 billion - Total revenue to be down by 40 billion yen - Has secured a line of credit of 258 billion yen and increased its available cash by 150 billion yen
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Re: Sharp Issues Profit Warning
Interesting....., last week we get reports that Sharp USA sold their Headquarter in NJ, only to lease it back. Then I get an email earlier today about a rumored GIANT acquisition in the industry. Now, I get this Sharp financial update with an unknown source claiming that Sharp will lose billions (yen that is). Very interesting indeed.
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Re: Sharp Issues Profit Warning
Japan's Sharp (IW 1000/160) saw its shares plunge in Tokyo on Monday following a report that said the consumer electronics giant would fall back into the red, reversing company forecasts for an annual profit. The firm's shares dropped 8.73% to 230.0 yen by the close of trading. Japan's leading Nikkei business daily said the Osaka-based firm would report a loss that could amount to hundreds of millions of U.S. dollars for the fiscal year through March owing to a slump in its struggling...
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Re: Sharp Issues Profit Warning
Sharp has been down this road before. They have a history of surviving. Remember when IKON dropped Sharp? Everyone thought they were doomed. They are still here today. I think they will overcome this storm.
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Re: Sharp Issues Profit Warning
I do remember when ikon dumped sharp, and sharp was a dominant player them. After Ikon, Sharp not doing so well with copiers
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Re: Sharp Issues Profit Warning
Ricoh doesn't have the money to buy anyone else. Let alone, I doubt they want to go down the acquisition road again after thenIkon fiasco. Samsung is the one who has the cash to buy anyone in the industry. Year before last they had 32 billion in cash on hand at year end they had to spend for tax purposes etc.
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Is It More Profitable to Offer Managed Services a la Carte or Bundled?
How should a managed service provider (MSP) price its services? It might all depend on how a service provider chooses to package them. For example, a new survey of 150 IT providers conducted by remote monitoring and management (RMM) software provider Continuum revealed many MSPs leverage a " hybrid approach " to package and price services to support a variety of customers. read the rest here
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Compass Announces Partnership With Katun
Compass Sales Solutions has announced a new partnership with Katun Corp. This new relationship will allow Katun to partner with Compass's new MPS division to help its dealers assess, propose and close profitable MPS agreements. This will bring an...
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Sharp Issues Profit Warning
(Reuters) - Japan's Sharp Corp warned on Monday it will likely miss this year's earnings target as an intensifying price war with cheaper Asia rivals in display panels and TVs cuts deep into the consumer electronics maker's profit margins. ...
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Sharp swings to first quarterly profit in two years
The following appears on reuters.com (Reuters) – Japan’s Sharp Corp reported its first quarterly net profit in two years, beating estimates, as the weaker yen and revived demand for solar cells and display panels boosted the consumer electronics maker’s turnaround drive. Sharp, a supplier of panels for Apple Inc’s iPhone, said on Thursday it made a net profit of 13.6 billion yen ($139 million) in its fiscal second quarter, its first since the three months ended September 2011. That easily...
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Sharp reports profits for fiscal 3Q16
Sharp has reported net profit of JPY4.2 billion (US$37.35 million) for fiscal third-quarter 2016 (ended December 2016), turning profitable from continued quarterly net losses for more than two years. Sharp posted consolidated revenues of JPY571.5 billion for the quarter and net operating profit of JPY18.8 billion, the highest quarterly level since first-quarter 2015. The financial improvement resulted from Sharp president and CEO Dai Cheng-wu's efforts to restructure the company. Dai was...
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Ricoh Profit down 85%, 3D printing plans on hold?
Japanese electronics company Ricoh ( OTCMKTS:RICOY) have announced their most recent financial results. In numbers released today for the six months ending 30 September 2016 the multinational reports that trading conditions remain unfavorable with an 85.5% decrease in profit compared to the prior period. The company has been hit hard by currency exchange rate movements and explained that the decrease in sales of 11.3% was due a slowdown in there Imaging & Solutions and Industrial...
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Polek & Polek And Innovolt Partner To Deliver More Profitability To Dealers
ATLANTA , June 28, 2017 /PRNewswire/ -- Polek & Polek, a leading distributor of copier, MFP, and printer supplies announces a new partnership with Innovolt, the nation's leader in intelligent power protection and analytics for businesses. Combined with Polek & Polek's long-standing ability to increase profits for dealers, Innovolt's proven solutions are designed to protect sensitive electronic equipment from damaging power disturbances, helping dealers profitably retain and win...
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Sharp Returns to First Quarter Profit on Foxconn's Cost-Cut Drive, Beats Estimates
TOKYO (Reuters) - Japan's Sharp Corp reported its third consecutive quarter of net profit on Friday, staying on track to achieve its first annual profit in four years following a cost-cutting drive under Taiwanese owner Foxconn. With a profit recovery firmly underway, Sharp is preparing to take the offensive to regain lost presence in electronics markets. It is expanding a sales drive of television sets in China and re-entering the Americas TV market with a high-end brand, as it aims to...
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FUJIFILM FINISHES STRONG AT PRINTING UNITED 2019
FUJIFILM FINISHES STRONG AT PRINTING UNITED 2019 Global audience experienced new inkjet innovations Hanover Park, Ill., October 30, 2019 – As a Diamond Sponsor of the inaugural PRINTING United trade show with a dominant presence, Fujifilm ended the three-day event with multiple signed contracts for its innovative solutions. “Fujifilm experienced great success in Dallas,” said Todd Zimmerman, division president, FUJIFILM North America Corporation, Graphic Systems Division, and corporate vice...
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Non-Profit Transforms and Simplifies IT through Outsourced Data Center and Managed Services with US Signal
When equipment leases and service contracts were coming to a close, Christian Brothers Services turned to US Signal for a complete outsourced solution for its entire data center, network and data protection operations. Founded in 1960 and headquartered in Romeoville, Illinois, Christian Brothers Services is a non-profit, Catholic organization that administers cooperative programs in the areas of health, retirement, property/casualty, technology and Catholic school consulting to church...
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Canon cuts guidance as profit drops 56%
TOKYO--Canon Inc. (7751.TO) said Wednesday its second-quarter net profit fell 55.6% to 34.52 billion yen ($319.0 million) from a year earlier, due to weaker sales in digital cameras and office printers. Net profit for the second quarter ended June missed the analyst consensus of Y48.68 billion provided by FactSet. Sales for the imaging system business, which includes cameras, fell 18.5%, while sales for the office equipment business dropped 7.5%. Those declines far outweighed gains made in...
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Ricoh Profit from Last Quarter
I recently read that Ricoh Corp gross profit dropped 5.2% which brought the gross profit to 184 billion yen. That 184 billion yen converts to $1,726,288,000 US dollars. I just find it amazing with all of the concerns about printing that this is an incredible number for one quarter.
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KYOCERA Announces Consolidated Financial Results for Year Ended March 31, 2019
April 25, 2019 02:28 AM Eastern Daylight Time KYOTO, Japan--( BUSINESS WIRE )-- Kyocera Corporation (TOKYO:6971) today announced its consolidated financial results for the fiscal year ended March 31, 2019 (“fiscal year 2019” or “the period”), as summarized below. From the start of this fiscal year, Kyocera Corporation and its consolidated subsidiaries have adopted International Financial Reporting Standards (“IFRS”) in lieu of U.S. Generally Accepted Accounting Principles. Financial figures...
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Toshiba Forecasts Annual Profit Drop vs Rise Expected, Limited Virus Impact
TOKYO — Toshiba Corp forecast on Friday a 15.7% drop in annual operating profit compared with expectations of a small rise in profit, even as a recent portfolio overhaul helps the industrial conglomerate limit the impact of the coronavirus outbreak. It forecast profit of 110 billion yen ($1 billion) for the year through March 2021, down from 130.46 billion yen a year earlier. The outlook compared with the 136.71 billion yen average of 13 analyst estimates compiled by Refinitiv. Since a...
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Hon Hai reports Sharp’s earnings
Hon Hai reports Sharp’s earnings Hon Hai Precision Industry Co. of Taiwan (aka Foxconn) announced that its Sharp division expects a 2.4-fold increase in net profit for the current business year through next March to billion yen ($473 million) - projects sales to rise 3.5% to 2.35 trillion yen o operating profit to increase 55.4% to 82 billion yen - during last quarter, net profit decreased 36.6% to 7.95 billion yen - total sales of all products up 0.4% to 517.29 billion yen o includes...
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Ninestar reports last fiscal year earnings
Ninestar reports last fiscal year earnings Ninestar Corporation of Zhuhai, China, which owns Lexmark, released results for its fiscal year ending on December 31, 2020, and for its first quarter of 2021, which ended on March 31, 2021. - reported full-year revenue of 19.585 billion CNY, down 15.93% - Net profit was 87.94 million CNY, down 88.18% - for its first quarter, Ninestar reported 4.86 billion CNY, down 7.31% o net profit was 215.33 million CNY, up 610.50% - Lexmark printer/MFP division...
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Kyocera reports earnings
Kyocera reports earnings Kyocera, aka Kyoto Ceramic Company, reported net sales down 4.5% to 1,526 billion yen for the year o Operating profit down 29.5% to 70.6 billion yen o Net profit was down 16.3% to 90.2 billion yen - Document Solutions Group (MFPs and printers) division total sales down 12.1% to 316.2 billion yen o Business profit down 16.6% to 28.7 billion yen o Last quarter’s sales revenue down from 92.3 billion yen to 90.1 billion yen Business profit of 10.4 billion, up from 6.9...
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Epson reports its earnings
Epson reports its earnings last fiscal year total revenue down 4.6% to 995.9 billion yen - business profit up 50.9% to 61.6 billion yen - net profit up 299.9% to 30.9 billion yen - Printing Solutions (MFPs and printers) division revenue down 0.1% to 707.7 billion yen o Net profit up 43.5% to 108.5 billion yen
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Toshiba’s TEC division earnings report
Toshiba’s TEC division earnings report Toshiba TEC includes printers and MFPs Net sales down 16.6% YoY for FY2020 to 405.7 billion yen ($3.8 billion) 40.7% drop in operating profit to 8.3 billion yen to $78 million Operating profit margin dropped to 2% Printing Solutions division had net sales down 19.3% to 145.2 billion yen ($1.4 billion) Operating profit was a loss of 5.1 billion yen (-$48 million) Operating profit margin dropped to negative 3.5% In its mid-term plan, states that R&D...
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KYOCERA Announces Consolidated Financial Results for Three Months Ended June 30, 2022
KYOTO, Japan, August 01, 2022 --( BUSINESS WIRE )-- Kyocera Corporation (TOKYO:6971) today announced its consolidated financial results for the three months ended June 30, 2022 (the "first quarter," or "FY23-Q1"), as summarized below. Complete details are available at: https://global.kyocera.com/ir/library/f_results.html Consolidated Results of Operations: Three Months Ended June 30 Unit: Millions (except percentages and per-share amounts) Three Months Ended June 30, 2021 (FY22-Q1) in JPY...
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Toshiba turmoil update
Toshiba turmoil update Reuters News Service is reporting that Toshiba Corp. cut its full-year operating profit outlook after a 75% slump in second-quarter profit “dismal results that heighten the uncertainty surrounding its prospects for a buyout deal” cut its profit forecast for the year ending in March, 2023 by roughly a quarter to 125 billion yen ($885 million) Bloomberg News is reporting that there is a disagreement over whether to keep Toshiba’s management after selling out Causing...
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Kyocera reports its last quarter earnings
Kyocera reports its last quarter earnings Kyocera (aka Kyoto Ceramic Company) reported sales revenue up 7.3% to 514.3 billion yen ($3.9 billion) Operating profit down 12.6% to 37,396 million yen ($285 million) Operating profit ratio down from 8.9% to 7.3% Net profit down 7.3% to 43,197 million yen ($330 million) Document Solutions division revenue up 18.5% to 112,416 million yen ($858 million) Business profit down 8.8% to 8,712 million yen ($66 million) Business profit margin down from 10.1%...
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Ricoh reports last fiscal year earnings
Ricoh reports last fiscal year earnings Net sales up 21.4% to $15.78 billion Operating profit up 96.6% to $583.12 million Net profit up 79% to $402.21 million
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Xerox Releases Third-Quarter Results
Xerox Releases Third-Quarter Results Xerox Delivers Growth in Profitability and Cash Flow; Announces Reinvention to Drive Sustainable Profit Improvement and Revenue Growth Oct 24, 2023 — Earnings/Financial , Corporate Financial Summary Q3 2023 Revenue of $1.65 billion, down 5.7 percent, or 7.4 percent in constant currency. GAAP net income of $49 million, or $0.28 per share, up $432 million or $2.76 per share, year-over-year, respectively. Adjusted net income of $77 million, or $0.46 per...
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Canon Q3 Profit Climbs; Backs FY23 Earnings View, Cuts Sales Forecast
(RTTNews) - Japanese imaging equipment maker Canon Inc. (CAJ) reported Thursday that its third-quarter net income attributable to the company was 62.13 billion Japanese yen or $414.23 million, up 14.8 percent from last year's 54.12 billion yen. On a per share basis, earnings were 62.62 Yen or $0.42, compared to 52.88 yen last year. Operating profit grew 1.5 percent to 82.62 billion Yen or $550.83 million from 81.44 billion yen last year. Net sales for the quarter increased 3 percent to 1.03...
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Kyocera announces last quarter’s earnings
Kyocera announces last quarter’s earnings Total net profit down 1.35% to 507.38 billion yen ($3.46 billion) Operating profit down 30.89% to 25.84 billion yen ($176.68 million) Operating profit percentage down to 2.9% Net income down 21.58% to 33.87 billion yen ($231.84 million) Sales revenue in USA down 4.2% to 109.894 billion yen Document Solutions division revenue up 0.5% to 113.04 billion yen ($772.82 million) Business profit up 6.45% to 9.3 billion yen ($63.57 million)
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Kyocera provide more financial results
Kyocera provide more financial results Document Solutions division total revenue for last quarter was up 8.4% to 126.2 billion yen ($834.1 million) For full year, revenue was up 4% to 452.2 billion yen ($3 billion) In Q4, business profit was 15.3 billion yen ($101 million) Profit margin of 12.1%
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Epson reports last quarter’s earnings
Epson reports last quarter’s earnings Revenue down 4.2% to 321.8 billion yen ($2.17 billion) Business profit down 27.6% to 10.3 billion yen ($69.5 million) Printing Solutions division revenue down 4.1% to 230.2 billion yen ($1.55 billion) Profit down 2.2% to 21.7 billion yen ($146.3 million)