In what appears to be yet another indication that the aftermarket industry continues to wrestle with overcapacity for toner and ink, Malaysia-based Jadi Imaging Holdings Bhd has entered into an agreement to sell its money-losing toner manufacturing subsidiary Jadi Imaging Technologies (Suzhou) Co Ltd (Jadi Suzhou) in the city of Suzhou in China’s Jiangsu Province.
Supplies Wholesalers recently unveiled an interesting new partnership with Amazon. Fulfilled by Supplies Wholesalers (FBSW) is a program designed to help Supplies Wholesalers’ dealer and reseller customers sell on Amazon and leverage Supplies Wholesalers’ proven capabilities for order fulfillment and distribution. We recently had a chance to hear more about the program from Bruce Gonyea,
On August 9, Fujifilm Holdings announced its financial results for the first quarter of the fiscal year that will end on March 31, 2019. Fiscal 2017, the year that ended on March 31, 2018, was a tumultuous one for Fujifilm (see “Fujifilm Announces Year-End Results Under Cloud Cast by Termination of Xerox/Fuji Xerox Merger Plans”).
On August 9, Brother Industries, Ltd. reported its financial results for the first quarter of fiscal 2018, which ended on June 30, 2018. On the surface, it appeared to be another good quarter for the company following a strong fiscal 2017 (see “Brother Posts Revenue and Profit Growth in FY 2017, Exceeds Guidance”). Revenue and
On August 8, Toshiba Tec reported its first-quarter financial results. The three-month period ended on June 30, 2018. The quarter follows a strong fiscal year that closed on March 31, 2018 (see “Toshiba Tec Reports Revenue Growth Plus Record Net Profit in FY 2017”). In the year ended in March, Toshiba Tec was able to
Ninestar Corporation is slated to announce its first-half 2018 results on August 31. Leading up to this announcement, the company has issued new guidance about its results and information about how the trade war between the United States and China will impact its business. Ninestar has also issued statements shedding more light into past performance
On August 1, HP announced that it has reached an agreement to buy UK-based Apogee Corporation, Europe’s largest independent office-equipment dealer. Apogee is valued at £380 million ($498.8 million), according to HP’s press release. Apogee will operate as an independent subsidiary of HP under the terms of the deal.The acquisition is expected to close by
On August 1, Konica Minolta announced its financial results for the first quarter of the fiscal year ending on March 31, 2019. Konica Minolta had a good fiscal 2017 in which it posted growth in revenue, operating profit, and net profit (see “Konica Minolta Posts Revenue and Profit Increases in FY 2017”). It was a
On July 27, Ricoh announced its financial results for the first quarter of the fiscal year ending on March 31, 2019. Ricoh’s first quarter follows its least profitable year ever. In the year ended in March 2018, revenue was up slightly but the firm posted the second net loss in company history and its biggest
On July 27, OKI Electric Industry Co., Ltd. reported its financial results for the first quarter of the fiscal year ending on March 31, 2019. Overall, it was a better start to the year for OKI than we saw in the past couple of years. In the first quarter ended on June 30, 2016, OKI