Sharp bucks the trend and holds revenues

Sharp bucks the trend and holds revenues

Against a background of revenue decline among printer OEMs, the Sharp Q1 revenues were up slightly by 0.4%, but profits slumped. The company has released its consolidated financial results for the first quarter of fiscal year 2020. For the first quarter fiscal year...
Ricoh sees falling sales due to COVID-19

Ricoh sees falling sales due to COVID-19

The company has released its consolidated financial results for the first quarter FY2020, recording a year-on-year decrease in sales of 26.2%. Ricoh announced its first quarter results, recording ¥352.3 billion ($3.33 billion/ €2.82 billion) in sales overall, a...
Brother’s revenue and profits hit by COVID-19

Brother’s revenue and profits hit by COVID-19

The company has released its consolidated financial results for the first quarter which ended 30 June 2020. Brother recorded sales revenue of ¥133.2 billion ($1.26 billion/ €1.07 billion), down 16.4% year-on-year. Overall business segment profit was down 51.1% at ¥8.6...
Xerox wants to raise $800 million

Xerox wants to raise $800 million

Xerox wants to raise $800 million (€626million) to pay down debt maturing this year and for general corporate purposes. Xerox Holdings Corporation (Xerox) announced that it intends to commence an offering of $400 million (€339 million) aggregate principal amount of...