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
Japanese conglomerate Toshiba Corporation reported this week that the company is back in the black after four years, and newly installed CEO Nobuki Kurumatani told reporters May 15, “At last, we can stand at the starting line.” Mr. Kurumatani, a former banker, took over as chief executive officer of Toshiba in April (see “Toshiba Hires
On April 27, Ricoh announced its financial results for the year that ended on March 31, 2018. We suspect it is a year that Ricoh is glad to put behind it. Just looking at the numbers, if we had to summarize the fiscal year just ended, we’d borrow the title from Judith Viorst’s children’s book
On February 1, Ricoh announced its financial results for the third quarter and first nine months of the fiscal year that will end on March 31, 2018. Both revenue and profits increased at Ricoh for both the third quarter and the first three quarters of the year, which marks a welcome change. The company also
Xerox will be saying goodbye to the 30-story tower in Rochester, NY, that once served as its headquarters. On January 26, the Rochester Democrat and Chronicle reported that Xerox has negotiated an early termination of its lease on the Rochester location and that all of Xerox’s employees at Xerox Square, Rochester, will be relocated to
In between detangling operations since its 2015 split, disrupting global manufacturing with 3D printing, and devouring Samsung’s printer business, HP stays busy in another arena: real estate. In 2015, Hewlett-Packard split into two companies: Hewlett Packard Enterprise (HPE) and HP Inc. (see “The Great Divide: HP Splits in Two”). After the split, HPE has focused
Just as it promised last month when it announced the creation of a new Channel Partners Division and its Gold Line of new-built compatible cartridges (see “LD Products to Court Dealers and Resellers with New-Build Cartridges”), online aftermarket cartridge retailer LD Products has launched a new partner website targeting copier dealers, managed print providers, and
OKI Data Americas recently made an impression on the fashion industry by teaming up with Impressions magazine to produce an edgy design for a garment used in the August cover feature on fleece fashion wear. The project showcased OKI’s Pro8432WT digital textile printer that uses lower temperatures to transfer color images onto delicate fabrics. The news
On October 30, Ricoh announced its financial results for the period ended on September 30, which marks the second quarter and first half of the fiscal year that will end on March 31, 2018. The year ended on March 2017 was a challenging one for the company, which has sparked a leadership change and various
Hewlett Packard Enterprise (HPE) has a big presence in Singapore with multiple operations, but the company plans to vacate most of the nearly 192,000 square feet of office space it occupies in at least one location later this year, according to the Straits Times. HPE was formed in 2015 when Hewlett-Packard split into two separate
