Toshiba makes it back to black

Toshiba makes it back to black

The formerly floundering OEM has experienced an upturn in its fortunes, making it back into the black and avoiding being delisted from Tokyo’s Stock Exchange. As ABS-CBN reports, Toshiba “bounced back into black after a disastrous year”, and a result will avoid the...
Canon India aims to keep growing

Canon India aims to keep growing

The OEM’s Indian division has announced that it is aiming for annual sales reaching R35 billion ($553.1 million/€430.8 million) by its 2020 FY statement of results, and is expecting a continued double-digit growth in the B2B and B2B segments over the years to come....
Ricoh shares transferred to Nisshinbo

Ricoh shares transferred to Nisshinbo

The OEM has announced the conclusion of the transferral of 80 percent of the outstanding shares of its subsidiary to Nisshinbo Holdings Inc. The shares were transferred from Ricoh’s consolidated subsidiary, Ricoh Electronic Devices Co., Ltd. Ricoh stated that it would...
CSG experiences a financial shortfall

CSG experiences a financial shortfall

The provider of managed print solutions has reported a significant drop in profits for the six months concluding 2017. According to ARN, the company “has reported a net profit after tax declined 136 percent to a $3 million loss (€1.9 million), with underlying net...