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Tagged With "Billion Valuation"

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Re: Lexmark International Hires UBS to Lead Debt Refinancing Effort

Art Post ·
Holy crap, $1.8 billion in debt!! @Ray Stasiezcko
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Re: Canon Has Agreed To Purchase Toshiba’s Medical Unit After Toshiba Scandal

Czech ·
There's big money in medical. Do you think Canon will try to go after Toshiba Business Solutions?
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Foxconn to build US$9 billion chip plant in China with local govt

Art Post ·
Taiwan's Foxconn and its Japanese electronics unit Sharp Corp are in the final stages of talks to build an advanced chip plant in Guangdong, China, with a local government, the Nikkei business daily reported. TOKYO: Taiwan's Foxconn , Apple Inc's iPhone assembler, is in the final stages of talks with the local government of the Chinese city of Zhuhai to build a chip plant there with a total investment of about US$9 billion, the Nikkei business daily reported on Friday. The total investment...
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Canon reports large decline in sales/profits

Art Post ·
- reported results for its first quarter of 2020 - net sales decreased by 9.5% to 782.3 billion yen o down 9.6% in Americas - operating profit decreased by 18.7% to 32.9 billion yen - net income decreased by 30% to 21.9 billion yen - Office Imaging business sales down 9.4% to 397.6 billion yen o sales of office MFP/copiers down 9.1% to 143,700 billion yen  color MFP units down 13%  b/w MFP units down 14%  Laser printer units down 27% o PPS/Wide format group sales down 5.3% o laser printer...
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Sharp’s quarterly smartphone stumble seen paring annual outlook

Art Post ·
Sharp Corp.’s expected first-quarter loss may deepen skepticism that demand for smartphone displays will fuel a recovery strong enough to meet its full-year profit target. The company on Friday will probably post an operating loss of ¥19.4 billion for the three months ended June 30, according to the average of five analysts’ estimates compiled by Bloomberg. The shortfall will make it difficult for Sharp, which supplies LCD panels to Apple Inc. among other clients, to reach its ¥80 billion...
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A Hedge Fund Calls for $4 Billion Payout From Japan's Kyocera

Art Post ·
A Hong Kong hedge fund stepped up its pressure on Kyocera Corp., calling on the Japanese electronics maker to pay back more than $4 billion to investors.   Kyocera should sell its 1.02 trillion yen ($8.3 billion) stake in phone carrier KDDI...
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Canon Has Agreed To Purchase Toshiba’s Medical Unit After Toshiba Scandal

Art Post ·
Canon Inc. has agreed to pay roughly 665.5 billion yen ($5.9 billion) to purchase Toshiba’s medical equipment unit. Toshiba continues to sell off units to focus on its core business in the wake of a massive accounting scandal last year. According to the terms of the deal, Canon will acquire 100 percent of Toshiba Medical System’s common stock. The acquisition gives Canon control of a company that develops and sells technical services for medical equipment, including diagnostic X-ray systems,...
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Smart Process Application Market 2015 - Global Forecasts to 2020 for the $43 Billion Market with EMC, OpenText, Appian, SAP, KANA, Lexmark, Salesforce.com & Kofax Dominating

Art Post ·
DUBLIN , June 12, 2015 /PRNewswire/ -- Research and Markets ( http://www.researchandmarkets.com/research/grv4gl/smart_process ) has announced the addition of the "Smart Process Application Market by Solution, by Service, by Deployment Type, by...
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Managed Services Market Worth $193.34 Billion by 2019

Art Post ·
DALLAS , January 7, 2015 /PRNewswire/ --   According to a new market report, " Managed Services Market by Managed Data Center, Managed Network, Managed Information, Managed Mobility, Managed Infrastructure, Managed Communications, Managed...
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Fujifilm's Komori says health care can double to $10bn business

Art Post ·
TOKYO -- Fujifilm Holdings aims to roughly double sales in its health care business to crack 1 trillion yen ($9.24 billion) in the next several years, seeking to build a new reliable income driver as its mainstay copier business stagnates. The Tokyo-based company wants to win more orders to develop biopharmaceuticals on a contract basis while also focusing on medical equipment and information systems for hospitals, Chairman and CEO Shigetaka Komori said in an interview with Nikkei. The...
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Lexmark International Hires UBS to Lead Debt Refinancing Effort

Art Post ·
Lexmark International Inc. has hired UBS Group AG to lead an effort to refinance its $1.8 billion debt stack, according to people familiar with the matter. The Lexington, Ky-based printing technology company, which is owned by Chinese read the rest here
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Canon reports first ever quarterly loss, cuts dividend

Art Post ·
TOKYO (Reuters) - Japan's Canon Inc said on Tuesday it suffered the first quarterly net loss since it started quarterly disclosures in 2001, as the coronavirus outbreak took a toll on demand for office printers and cameras. The camera and printer manufacturer also said it would halve dividend payouts for January-June to save cash amid the severe business environment, in what would be the first dividend cut in 33 years. The net loss in April-June came to 8.8 billion yen ($83.4 million)...
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Production print growth report

Art Post ·
Production print growth report Published by Smithers Pira Research - Offset litho print will grow from $183.7 billion in 2014 to $192.6 billion in 2024 - Digital print sector to grow from $103.1 billion to $180.9 billion o Inkjet printing drives all the forecast growth o Toner based devices plateau in this period
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HP reports last quarter’s earnings

Art Post ·
HP reports last quarter’s earnings Total net revenue up 7% to $15.3 billion - Total net earnings up 51% to $1.1 billion - Printer/MFP division o consumer units were down 8%  consumer net revenue up 15% o commercial units were up 29%  commercial net revenue up 46% o total hardware shipments were down 4% o supplies revenue was up 20% o net revenue up 24% to $4.9 billion o 17.6% operating margin - HP Inc. CEO and President Enrique Lores explained that supply-chain constraints affected both...
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Open Source Services Market worth $50.0 billion by 2026

Art Post ·
CHICAGO , Sept. 20, 2021 /PRNewswire/ -- According to a new market research report " Open Source Services Market with COVID-19 Impact, by Service Type (Professional Services and Managed Services), Vertical (Manufacturing, BFSI, Telecommunications, Healthcare and Life Sciences, IT & ITeS ), and Region - Global Forecast to 2026", published by MarketsandMarkets™, the global Open Source Services Market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 18.2% during the...
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Large format printer market growth

Art Post ·
Large format printer market growth Research published by MarketsandMarkets Large format color inkjet printer market to reach $11.4 billion by 2026 Current market is $8.8 billion in 2021 CAGR (cumulative annual growth rate) of 5.4%
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Canon announces fiscal year end earning

Art Post ·
Canon announces fiscal year end earning Net sales up 11.2% to $30.5 billion - Operating profit up 155% to $2.4 billion - Net income up 157.7% to $1.3 billion - Net sales flat for 4th quarter - Printing Business Unit sales up 7.4% to 1.928.8 billion yen o Income before taxes up 53.1% to 233 billion yen o Production printing sales up 15% to 289.2 billion yen
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The photocopier salesman accused of stealing half a billion dollars

Art Post ·
Special thanx to Monte for sending me this link
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Re: The photocopier salesman accused of stealing half a billion dollars

Jason H ·
Dang, thats crazy!
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Re: The photocopier salesman accused of stealing half a billion dollars

SalesServiceGuy ·
Postman Copy Machines https://www.youtube.com/watch?v=AuZX3WE4mgg .... my favorite copier salesman villian!
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Re: The photocopier salesman accused of stealing half a billion dollars

Art Post ·
Ty, forgot I made this, thanx for the memories
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Ricoh reports last fiscal year earnings -

Art Post ·
Ricoh reports last fiscal year earnings Sales up 4.5% to 1,758.5 billion yen ($13.52 billion) Gross profit up 8.8% to 622.6 billion yen ($4.79 billion) Operating profit of 40 billion yen ($307.7 million) Digital Services division (office printing and services) had operating profit of 16.2 billion yen ($124.5 million) Net sales up 3.7% to 1,428,192 million yen Operating profit margin of 1.1% Digital Products division (MFPs, printers, duplicators, wide format, fax machines, scanners, digital...
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Fujifilm reports last fiscal year earnings

Art Post ·
Fujifilm reports last fiscal year earnings reported a profit of 211.180 billion yen or 526.11 yen per share pre-tax income was at 260.446 billion yen versus 235.870 billion yen of previous fiscal. operating earnings also moved up to 229.702 billion yen ($1.76 billion), up 15.2% total revenue of 2.525 trillion yen ($19.39 billion) up 15.2%. net income was 211.1 billion yen ($1.62 billion), up 16.5% Business Innovation division (printers, MFPs and PPS) reported net sales of 763.5 billion yen...
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HP reported last quarter’s earnings

Art Post ·
HP reported last quarter’s earnings For quarter that ended on 4/30/2022 Net revenue up 3.9% to $16.5 billion Net earnings down from $1.2 billion to $1 billion Printing Group division net revenue down 7% to $5 billion Operating profit up to $958 million Operating margin of 19.3% Supplies revenue down 6% Commercial revenue down 4% Consumer revenue down 12% Total hardware units down 23% “double digit” growth for ink tank color inkjet devices 48% of total printer shipments
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Toshiba Surges on Report of Bids at $22 Billion Valuation

Art Post ·
(Bloomberg) -- Toshiba Corp. shares jumped as much as 6.5% on Thursday after Reuters reported bidders are considering offering up to 7,000 yen per share to take the company private, which would value the deal at about $22 billion. Toshiba has been soliciting acquisition offers -- and other restructuring proposals -- as it seeks to end years of mismanagement and mollify activist investors. Ten offers are on the table, including eight to take the company private. The range of pricing and...
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Canon Inc. Shares Slump After Disappointing Third-Quarter Results

Art Post ·
By Kosaku Narioka Canon Inc. shares fell sharply Thursday morning after the Japanese electronics maker posted disappointing third-quarter results and cut its full-year net profit forecast. The shares were recently 6.2% lower at 3,137 yen after falling as much as 7.5% earlier. The Topix subindex for electronics makers was recently 0.1% higher and the Nikkei Stock Average was down 0.1%. Canon said Wednesday after market close that net profit rose 9.7% from a year earlier to Y54.12 billion...
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Xerox reports on last quarter’s earnings

Art Post ·
Xerox reports on last quarter’s earnings Total revenue down 0.4% year over year to $1.75 billion Operating margin down to 3.7% Net loss of $383 million Research and development now 4.2% of revenue Hardware and accessory revenue of $390 million A4 sales up 0.8% to $74 million A3 sales up 7.2% to $246 million PPS sales down 4.4% to $65 million A4 color MFP installs up 28% A3 b/w MFP installs down 28% A3 color MFP installs up 10% A3 b/w MFP installs down 21% PPS color installs up 1% PPS b/w...
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Canon reports on last quarter’s earnings

Art Post ·
Canon reports on last quarter’s earnings Net sales up 19.5% to 996.1 billion yen ($6.75 billion) Gross profit up 16.3% to 451 billion yen Operating profit up 38.7% to 81.4 billion yen Net income up 9.7% to 54.1 billion yen Printing division net sales up 20.1% to 551.5 billion yen ($3.76 billion) Operating profit down 32.7% to 40.6 billion yen Office device revenue up 31.6% to 229.5 billion yen MFP units up 35% MFP revenue of 150,600 million yen ($1 billion) Prosumer device revenue up 6.2% to...
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Kyocera reports on last quarter’s earnings

Art Post ·
Kyocera reports on last quarter’s earnings Total revenue up 19.23% year over year to 520.2 billion yen ($3.52 billion) - Operating profit down 18.6% to 35.1 billion yen ($238 million) Profit down 21% to 25.6 billion yen ($173.62 million) Document Solutions division (printers, MFPs, etc.) revenue for past 6 months up 17.6% to 206 billion yen ($1.39 billion) Business profit down 15.8% to 13.26 billion yen ($89.92 million) Announced it is expanding a plant in Vietnam to 108,871 square meters so...
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Canon reports on last quarter’s earnings

Art Post ·
Canon reports on last quarter’s earnings For quarter ended on 12/31/2022 Net sales from all divisions up 21.1% to 1,157.2 billion yen ($8.91 billion) Operating profit up 29.2% to 97.344 billion yen ($749.6 million) Net income up 41.9% to 84.843 billion yen ($653.39 million) Printing Division net sales up 22.6% to 638,129 million yen ($4.8 billion (includes printers, MFPs, laser, inkjet, scanners, calculators, PPS and wide format) Operating profit up 8.6% to 52,571 million yen ($400 million)...
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Managed print services market growth

Art Post ·
Managed print services market growth Research published by Market Research Community Market size valued at $36.7 billion in 2021 CAGR (cumulative annual growth rate) of 8.9% to 2030 Will reach $79.05 billion
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