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...
Epson also sees revenue decline

Epson also sees revenue decline

The OEM has announced its consolidated operating results for the quarter ended 30 June and disclosed its forecast for the year ending March 2021. For the three months ended 30 June 2020, Epson recorded revenue of ¥193.217 billion ($1.8 billion/ €1.56 billion), a...
OKI sees sluggish sales

OKI sees sluggish sales

The OEM announced its financial results for the first quarter of the full year ending 31 March 2021. OKI recorded a decrease of ¥26.2 billion ($250.46 million/ €211.25 million) in net sales for the quarter ending 30 June to ¥81.4 billion ($778.38 million/ €656.31...
Ricoh sees falling sales due to COVID-19

Konica Minolta results affected by global lockdowns

The company has announced its consolidated financial results for the three-month period ended 30 June 2020. Konica Minolta said its revenue was affected by the lockdown in Europe and the US, Office and Professional Print, which account for a little under 70% of its...