Sharp profits surge despite sales fall

Sharp profits surge despite sales fall

Electronics giant posts eightfold rise in operating profit amid restructuring drive. Sharp Corporation reported a sharp increase in operating profit despite a decline in overall revenue, as cost-cutting measures and restructuring efforts bore fruit. The Japanese...
Epson profits hit by weak ink sales

Epson profits hit by weak ink sales

Printer sales hold up, but declining ink revenues and price erosion weigh on profits. Seiko Epson Corporation reported a 23.3% decline in business profit for its third quarter, as falling ink revenues and printer price erosion overshadowed strong sales of...
Sharp rebounds amid profitability challenges

Sharp rebounds amid profitability challenges

Sharp Corporation returns to profit despite sectoral weaknesses and foreign exchange impact. Sharp Corporation reported a modest but symbolic return to profitability in the first half of fiscal 2024, marking a positive shift for the Japanese tech giant following...
Brother: Strong revenue growth amid profit pressures

Brother: Strong revenue growth amid profit pressures

Despite revenue gains, operating and comprehensive profits Brother struggles against rising costs and currency impact. The Japanese electronics firm reported a 6.9% rise in revenue, achieving ¥427.2 billion ($2.85 billion/ €2.70 billion), for the first half of its...
Sharp profits surge despite sales fall

Toshiba Tec sees profit surge amid strategic shift

Increased business transfer income drives Toshiba Tec’s net profit growth in first half. Toshiba Tec Corporation recorded a marked increase in profit for the first half of FY2024, with net earnings leaping to ¥26.6 billion ($176 million/ €163 million), compared to...