Brother’s Q2 2022 Profits Shrinks as Consumables Sales Decrease and Costs Rise

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On November 9, Brother Industries, Ltd. reported financial results for the second quarter and first half of fiscal 2022. Q2 basically looked similar to Q1 but worse. Revenue grew by double digits year-over-year in the quarter but at a lower rate than in Q1. If not for the yen’s depreciation—the yen recently hit a 32-year

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