Tagged With "FY2022"

Is looking to grow its OEM business (supplying hardware to competitors) to $923 million by 2025 ... as is Toshiba Tec. I am sure Xerox has plenty of offers to supply both A3 and A4 print engines. Maybe consolidation in the print industry does not mean as Sales Organizations but as hardware OEMS.

Ricoh clarifies its commitment to print The Japan Times newspaper published an article entitled; “Is print dead? With shift to digital, office-equipment giant Ricoh votes yes” This article apparently caused quite a storm, as both Ricoh Europe and Ricoh USA had their executives give interviews stating that print is still an essential part of Ricoh Ricoh did state that it is planning on “Office Services” to bring in more revenue and profit than print hardware sales by 2025 Also stated that it...

Epson reports last fiscal year’s earnings Total revenue up 132.9% to 1,128.9 billion yen Business profit up 27.9% to 89.6 billion yen Printing Solutions division (printers and MFPs) revenue up 88.7% to 779.9 billion yen Profit was flat at 106.4 billion yen Unit sales of inkjet printers up 8% to 16.7 million units Will spend 50 billion yen in FY2022 on research & development 71 billion yen to be spend on capital expenditure

Toshiba Tec revises its earnings forecast (Toshiba Tec is division of Toshiba, which has just been sold) Lowered its outlook for net profit for FY2022 by 11.5 billion yen Expects to end the fiscal year with a $103.6 million net loss Expects printer/MFP division net sales of $1.6 billion, up 19.1% Operating profit of $51.8 million