Tagged With "Asahi Shimbun"
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Re: Samsung Says Offer for Sharp’s Photocopier Unit Rejected
Sharp May Sell Copier Operations to Samsung 03/12/2013| 11:06pm US/Eastern TOKYO--Sharp Corp. (>> Sharp Corporation) is considering selling its copier operations to Samsung Electronics Co. (SSNHY), the Sankei Shimbun reported in its Wednesday morning edition. The paper said that Samsung may be interested in using the operations, currently ranked fifth globally, to complement its smartphone and other information systems operations. Last week Samsung said it signed a deal to buy a 3.0%...
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Re: Toshiba shares fall after report trust banks preparing to sue
Rumor has it, Terry Gou (CEO) Foxconn is interested.
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Ricoh hits reset, shifting focus from printouts to data services
As an increasing number of businesses go "paperless," Ricoh Co. is reconfiguring its entire approach to printers that can also be used as copy and fax machines, offering features to handle digitized documents in increasingly sophisticated ways. Speaking to The Asahi Shimbun last month, the president of the major copy machine maker referred to "going paperless as a good opportunity" for the company to offer new value. Ricoh is currently concentrating its resources into the development of a...
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Re: Sharp has Serious Money Problems!
Taipei, Dec. 2 (CNA) Hon Hai Precision Industry Co., the world's largest contract electronics maker, declined Sunday to comment on a Japanese newspaper report that said Sharp has agreed to sell its three overseas TV factories to Hon Hai. The Sankei Shimbun cited anonymous sources that it claimed are familiar with the matter as saying that Sharp has reached a 55 billion yen (US$1.83 billion) deal with Hon Hai to sell its three factories in Mexico, China and Malaysia. According to the report,...
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Re: Sharp has Serious Money Problems!
BrightWire, a business-to-business resource for portfolio managers, is reporting this morning that a report published by Tokyo's daily newspaper Yomiuri Shimbun is stating that Sharp has officially ended small to mid-sized IGZO LCD panel supply to Apple due to low profitability. At this time it's difficult to assess whether their public reasoning is factual or just a face saving measure due to Apple dumping the IGZO display due to production delays.
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Re: Sharp has Serious Money Problems!
Jan. 1st 2012 Embattled Japanese electronics firm Sharp is considering making a public share offering worth more than 100 billion yen ($1.15 billion) early this year, a report said Tuesday. The public offering could take place in the spring with the firm hoping to use the funds to strengthen its mainstay liquid crystal display (LCD) business and improve its creditworthiness, the Yomiuri Shimbun newspaper said. Sharp has started talks with major creditor banks and wants to include the capital...
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Re: Canon President Steps Down as Forecast Misses
The Yomiuri Shimbun Canon Inc. has announced Chairman and Chief Executive Officer Fujio Mitarai will return as president in addition to to his current roles. Current President and Chief Operating Officer Tsuneji Uchida, 70, will become adviser. The unusual decision for Mitarai to return to his role as president comes amid growing uncertainty about the firm's prospects due to the European fiscal crisis and the historic surge of the yen. It is believed Canon aims to improve its business...
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Ricoh Plans To Triple IT
Ricoh Plans To Triple IT Service Sales In Five Years Nozomi Toyama, 06.04.04, 1:10 PM ET Ricoh, a major maker of office equipment, plans to more than triple its sales from information technology and communications services over the next five years to...
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Ricoh Co will start producing
Ricoh Co will start producing core components for copiers such as paper feed rollers and photoconductors in Shanghai in June, a Japanese business daily reported Saturday. The Nihon Keizai Shimbun said Ricoh will build a plant to manufacture such...
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Kyocera aims for 2 trillion yen
Japan's Kyocera aims for 2 trillion yen in salesThursday July 22, 8:25 pm ET TOKYO, July 23 (Reuters) - Japan's Kyocera Corp (Tokyo:6971.T - News), the world's largest maker of the ceramic packages that house microchips, has set a long-term target of...
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Canon To Spend $192M On High-End Copier Plant
Canon To Spend $192M On High-End Copier Plant Kyoko Hasegawa, 03.31.04, 1:47 PM ET 5 Digital Imaging Acquisition Targets Satellite Imaging Seeks A Change In Scenery Best Photo Blogs Poll: How will you use mobile streaming video? Discuss this story ...
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Foxconn Firms $2.7B Credit Line For Sharp Takeover
Foxconn, formally known as Hon Hai Precision Industry Co., has reached an agreement with Sharp Corp.’s banks to extend a 300 billion yen ($2.7 billion) credit line to the troubled Japanese electronics major, Bloomberg reported, citing Japanese newspaper Yomiuri Shimbun, Saturday. The agreement will reportedly allow Sharp to borrow from its lenders Mizuho Financial Group Inc. and Mitsubishi UFJ Financial Group Inc., if it suffers losses from potential liabilities or needs new investments.
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Industry Notes from 11/22/2015
November 22, 2015 Sharp’s financial troubles continue - Financial Times newspaper reports on latest issues - "First it cut wages, but Sharp has a new demand for long-suffering employees; the struggling electronics group has set them targets to buy company goods" - "By end of January, executives are to buy $1622 of Sharp products, middle management $811 and front line staff $405 worth" of Sharp made products - "Sharp is still in a fragile position, with just 181 billion yen of equity...
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Sharp aims to strengthen tie-up with Samsung
By MarketWatch TOKYO--Sharp Corp. aims to expand its business tie-up with Samsung Electronics Co. beyond liquid crystal displays, and is considering seeking an additional capital injection from the South Korean electronics conglomerate, the Yomiuri...
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Sharp to slash 5,000 jobs, shift production focus
THE ASAHI SHIMBUNSharp Corp. will cut 5,000 jobs, slash the number of directors and advisory positions and shift its production focus under a three-year plan to fully recover from the 2008 global financial crisis.Most of the job losses will come...
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Sharp shares soar on asset sales report
Shares in Japan's troubled electronics maker Sharp surged 13.22 percent Tuesday morning on a reported plan for a hefty asset sale, the day after rocketing 17 percent.Shares in the Osaka-based firm jumped 73 yen to 625 by the break after a news report...
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Sharp and Samsung get a little closer
http://ajw.asahi.com/article/e...iness/AJ201306180052Now I wonder if Samsung will use some of their war chest to take a bigger chunk of the market http://www.marketwatch.com/sto...ks-report-2013-06-17TOKYO--Sharp Corp. is considering producing...
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Canon, Oce launch jointly developed printers
August 08, 2012 THE ASAHI SHIMBUNCanon Inc., Canon Marketing Japan Inc. and Oce N.V. announced Aug. 8 the launch in Japan of three new Oce VarioPrint-series monochrome production printing systems: the Oce VarioPrint 135, 120 and 110.Jointly developed...
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Sharp enters crucial stage of rehabilitation
Sharp enters crucial stage of rehabilitation Teruaki Yamamoto / Yomiuri Shimbun Staff Writer Sharp Corp. has entered a crucial stage of its rehabilitation as the company aims to finalize a tie-up with a Taiwan manufacturer and sell some of its assets....
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Canon expands imageRUNNER lineup
THE ASAHI SHIMBUNCanon Inc. on Oct. 1 announced the introduction in Japan of 13 new imageRUNNER ADVANCE multifunction office systems from the C2200, C7200 and C9200 PRO series of color devices, and the 6200 and 8200 PRO series of monochrome...
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Ricoh wins WEC GOLD MEDAL
press releasesRicoh wins WEC GOLD MEDAL for International Corporate Achievement in Sustainable Development Tokyo, January 14, 2003 - Ricoh, a global leader in digital office equipment, has been awarded the 19th annual World Environmental Center...
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The War for Imaging Supremacy Has Begun!
Konica Minolta, H-P join in copier business By Mariko Ando, CBS.MarketWatch.comLast Update: 8:55 AM ET Aug. 27, 2003 TOKYO (CBS.MW) -- Konica Minolta Holdings on Wednesday announced a tie-up with U.S. computer and printer maker Hewlett-Packard to...
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Canon to invest
Canon to invest in emerging fields By Sachi IzumiLast Update: 4:41 AM ET July 2, 2003 TOKYO (CBS.MW) - Japan's Canon said Wednesday it is planning to invest billions of dollars to set up research centers across Japan as it moves into emerging...
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This Week in the Copier/Office Equipment Industry 10 Years Ago Second Week of June 2004
Happy Father's Day! In just two weeks, we'll have run through the first half of the year. How time does fly! I've commented to my wife on many occasions that when your job comes down to monthly and quarterly numbers, it seems that...
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Fuji Xerox develops inconspicuous code embedding for documents
THE ASAHI SHIMBUN Fuji Xerox Co. has developed MISTCODE (Micro-dot Iterated and Superimposed Tag CODE), an inconspicuous code that can be used to add information to printed documents, the company said Oct. 24.MISTCODE is inconspicuous, just like...
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Court finds Ricoh transfer orders for workers invalid
THE ASAHI SHIMBUN The Tokyo District Court ruled in favor of two plaintiffs who sought to have temporary transfer orders by their employer invalidated on grounds they were nothing less than a blatant attempt to coerce them into retiring.Judge Eri...
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Ricoh to shutter or relocate 4 offices in Kanto region
The Yomiuri Shimbun Major copy machine maker Ricoh Co. plans to close or relocate at least four offices in the Kanto region that are under its group umbrella — including its Saitama plant in Yashio, Saitama Prefecture — by spring next year, The Yomiuri Shimbun has learned. Under the plan, about 3,000 workers, or nearly 10 percent of the firm’s employees in Japan, will be transferred. The measures are intended to cut expenses — mainly office rent and maintenance costs — by ¥2 billion to ¥3...
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Sharp reportedly to lay off 1,000 employees after Hon Hai deal
Tokyo, April 28 (CNA) Sharp Corp. is planning to lay off about 1,000 employees as part of its efforts to strengthen its financial structure after the loss-incurring Japanese firm inked an agreement to sell a majority stake to Taiwan's Hon Hai Precision Industry Co. (鴻海) earlier this month, according to a news report. The Nihon Keizai Shimbun (Nikkei) said that although Hon Hai had said it would retain as many of Sharp's employees as possible after the acquisition deal, as the Japanese firm's...
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Canon To Boost Copier
Canon To Boost Copier Line In U.S., Europe Provided By Pinnacor, 05.20.04, 12:22 PM ET Canon plans to expand its lineup of multi-function color copiers in the U.S. and Europe in an attempt to seize the top share in the global market for color-capable...
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China to demand digital secrets-Japanese paper
Article layout: TOKYO, Sept 19 (Reuters) - The Chinese government plans order foreign manufacturers to reveal information about their digital products, a Japanese newspaper reported on Friday.It will introduce rules requiring foreign firms to disclose...
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MLB 2008 Opener in Yomiri, Japan !!!
株式会社リコー(社長執行役員:近藤史朗)は、MLBおよびMLB選手会、社団法人日本野球機構、読売新聞社が主催する「'08リコーMLB開幕戦」を特別協賛いたします。 Ricoh Co., Ltd. (President, Executive Officer: Shirou Kondou), MLB and the MLB Players Association, the Professional Baseball Organization of Japan, the Yomiuri Shimbun...
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Weekend Copier Notes from 11/18/07
WEEKEND MFP INDUSTRY NOTES11-18-07The following is a quick review of copier/MFP industry news from industry publications.- Canon introduced new low end b/w laser MFP, the imageCLASS MF7460, MF7470 and MF7480 offering:o 25ppm top speed b/wo Auto...
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Toshiba shares fall after report trust banks preparing to sue
Shares of Toshiba tumbled as much as 5.8 percent in early trade on Monday after newspaper report that some trust banks are preparing to sue the company for damages. The Asahi Shimbun reported that several trust banks including Mitsubishi UFJ Trust and Banking are set to sue Toshiba after its share price tanked due to a massive accounting scandal that has upended the company. On Friday, Toshiba said it would sell a minority stake in its memory chip business as it urgently seeks funds to...
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Toshiba set to book loss of ¥700 billion
Toshiba Corp., which is undergoing a business restructuring, will book a loss of about ¥700 billion in its consolidated accounts for the April-to-December 2016 period due to a writedown in its U.S. nuclear business, The Yomiuri Shimbun has learned. Due to the massive loss, Toshiba appears likely to have temporarily fallen into insolvency because its debts exceeded its assets . The company will make an announcement on Tuesday. According to sources, Toshiba plans to bolster its own capital by...
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Little progress seen in Toshiba probe
The Yomiuri Shimbun Eighteen months have passed since the Securities and Exchange Surveillance Commission launched an investigation aimed at filing a criminal complaint against three consecutive presidents of Toshiba Corp. over the company’s accounting irregularities. Prosecutors believe it is difficult to pursue the criminal responsibility of the former presidents, but the commission’s investigation has been unusually prolonged. The difference in opinion between the commission and...
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This Week in the Copier Industry 15 Years Ago (Third Week of June 2004)
Each week I try to go back and pick out an interesting thread from many years ago. The one I reread for this week was "Sell Solution - Not Price". Dang it's been fifteen years since that thread. There are many excellent responses from Steve, Scott, Neil, JSWin & Old Glory. What's old becomes new you can view that thread here "Sell Solution Not Price". Enjoy these most excellent threads from 15 years ago this week! Canon U.S.A. and eCopy Honored 6/14/045:19 PM printers as well as Minolta...
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Japanese firms plan exit from China amid U.S. tariffs
The Yomiuri Shimbun A growing number of Japanese companies are relocating their production bases from China to other countries over fears of reduced price competitiveness caused by the expected hike in U.S. tariffs on Chinese goods. The United States has imposed incrementally higher punitive tariffs on imports from China. Should the tariffs expand to cover most Chinese-manufactured products, many goods produced by Japanese firms in China will become more costly and less competitive. The...
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The Week in Copiers Five Years Ago
The Week in Copiers Five Years Ago Third Week of March 2016 What Is Digital Transformation? Digital transformation is the process of using digital technologies to create new — or modify existing — business processes, culture, and customer experiences to meet changing business and market requirements. This re-imagining of business in the digital age is digital transformation (from Sales Force) Enjoy These Awesome Copier Threads from 5 Years Ago This Week! Konica Minolta Acquires Meridian...
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The Week in Copiers Five Years Ago
The Week in Copiers Five Years Ago Last Week of April 2016 Tough week this week along with a tough month. Being under the weather for a full week does not help, but rather than calling out sick I stuck to the plan. In the end the I was not able to eat the bear this month. However May looks to be stacked! Enjoy these awesome copier threads from 5 years ago this week Why I Am Now a Social Selling Believer Art Post · 4/26/1611:12 PM Why I Am Now a Social SellingBeliever by Print Audit Last week...
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This Week in the Copier Industry 5 Years Ago
This Week in the Copier Industry 5 Years Ago First Week of June 2017 We are six months away from creating 20 years of original content for the copier industry. Yes, the change in those twenty years has been awesome and it's exciting to see where are our industry will be in the next twenty years! Enjoy These Copier Threads from Five Years Ago Australian label printer targets further growth with Konica Minolta bizhub Press C71cf Art Post · 6/1/1710:22 PM By Henry Mendelson 31 May 2017 Read...
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This Week in the Copier Industry Ten Years Ago
This Week in the Copier Industry Ten Years Ago Second Week of August 2012 sponsored by On my previous blog I wrote about the many players offered copiers in 1984 and how many of them are around to this day. One thing many may forget is that many of the copiers offered in the eighties was a mix of A3 and A4 devices. Some or one will say that the A4 revolution started 6 years ago, but in reality that revolution started closer to 1980. The manufacturers realized they could capture more clicks...
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This Week in the Copier Industry Ten Years Ago
This Week in the Copier Industry Ten Years Ago First Week of October 2012 sponsored by Since I was prospecting all of last week, I thought I would try something new. hard to believe I didn't think about this twenty some years ago.... Across my google alerts feed, I picked up a press release from NJ Biz. The title of the press release was NJ's best Places to Work 2022. Thus I thought I would help those prospects in my territory celebrate their accomplishment. On Linkedin I posted a thread to...
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Ricoh to sell off divisions?
Ricoh to sell off divisions? Nikkan Kogyo Shimbun Newspaper is reporting that Ricoh’s CFO, Shun Kawaguchi apparently announced that company is set to evaluate Ricoh’s many businesses and determine with it will withdraw from or attempt to sell Company aims to increase its return on investment in 2023 fiscal year, with goal of 8% ROI “The time has come for us to make choices about our business” Shifting from a “multi-function machine to a digital service company”
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This Week in the Copier Industry Ten Years Ago
This Week in the Copier Industry 10 Years Ago Last Week of December 2012 We're down to the last week of the month (at least for me) for some of us, while others will end on the last day of this month. My month ends on the 23rd of each month. At first I was annoyed when that model was implemented many years ago, however I've now grown to love it! I now have two weeks to drive business because that's what our industry have driven for end of the month business. In fact we've conditioned about...
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This Week in the Copier Industry 10 Years Ago
This Week in Copiers Ten Years Ago Last Week of April 2013 Real Copier Sales (Tag Team Prospecting) Here's the reason why. I figured once I gave him the co-terminus monthly lease cost it would be somewhat difficult to figure the purchase price (we all need to make GP). In addition, if the DM came back to me and wanted a pricing for a regular term lease then I knew he was shopping my price. Thus, I could make the adjustments for something more competitive. more here Check These Great Copier...
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This Week in the Copier Industry 10 Years Ago
This Week in Copiers Ten Years Ago Second Week of November 2013 Real Copier Sales Guest Blogger!!!! Harry's back with an awesome blog that takes us old timers back to a simpler time in the industry and all you newbies are probably wishing you had a station wagon to cart a copier around! ..... Oh my, when selling copiers door to door was so simple? Check These Great Copier Threads from Ten Years Ago This Week 10 Ways to Make your Copier & MPS Proposals Standout! Art Post · 11/10/137:23 PM...
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Ricoh exec forced out
Ricoh exec forced out The Asahi Shimbun newspaper of Japan reported that president Kazuhiro Kimura was forced to resign Result of internal investigation that found that he violated code of conduct regarding his treatment of woman he was in relationship with Ricoh announced management changes: Takahiro Irisa is now Senior Corp Officer Tohru Kasai is now Corp Officer and General Manager of Japan Management Division
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RolandDG to be sold and privatised
The decision aims to improve management efficiency and facilitate strategic decision-making. The board of directors of Roland DG has unanimously voted to support the tender offer and recommend it to shareholders. XYZ, the company established by Taiyo Pacific Partners, will conduct the tender offer from March 13th to March 27th, 2024, at a price of USD$38.73* (JPY 5,035) per share, representing a premium of approximately 30% over the closing price on September 9, 2023. The total acquisition...