Tagged With "Yen"

A little of news this week is that the US Dollar is growing stronger vs the Japanese Yen. When this has happened in the past Japanese copier manufacturers have decreased pricing here in the States. When you couple this with the Chinese tariffs that may go into effect this week, it could mean that our industry may not see price increases. Japanese manufacturers might just bite the bullet on the increases in order to keep boxes moving out of the plants. BTW, the dude in the picture, had just a...

Xerox and Fujifilm battle update - Nikkei Asian newspaper interviewed Shigetaka Komori, CEO of Fujifilm; "Fujifilm can grow without the acquisition (of Xerox), which does not mean we will lose our future." o is continuing its attempts to acquire Xerox, but has denied it will make any compromise, even if it fails in the bid. o "We would not go as far as to raise our terms of acquisition, set in January, to realize the deal." o "It will be better if we can buy Xerox", but the acquisition "is...

Ricoh reports last quarter’s earnings - Total revenue up 4.1% to 517 billion yen - Operating profit down 34.7% to 21 billion yen - Profits down 49.1% to 13.6 billion yen - Americas sales down 3.4% o For last 6 months, Office Printing division revenue down 5.4% to 509.4 billion yen • Lower MFP and printer sales, and lower MIF Operating profit down 3.3% to 55.3 billion yen Commercial Printing division revenue up 1.2% to 87.5 billion yen Office Service revenue up 16.9% to 270.5 billion yen...

Epson reports earnings for last 6 months Total revenue up 15.1% to 633.1 billion yen ($4.29 billion) Business profit down 0.4% to 49.5 billion yen

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%...

Ricoh posts earnings For fiscal year just ended, total sales up 5% of 2,348.9 billion yen Gross profit up 10% to 2,348.9 billion yen Operating profit down 21.2% to 62 billion yen Total liabilities of 1,221,048 billion yen Digital Services division operating profit up 7.9 billion yen Digital Products division operating profit down 16.7 billion yen Sales up 20.5% to 95.9 billion yen ($621.32 million) Graphic Communications division operating profit up 5.8 billion yen Sales up 11.6% to 262.1...