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Fujifilm reports 8% revenue increase for full year ending March 31, 2025 Earnings reports News 

Fujifilm reports 8% revenue increase for full year ending March 31, 2025

GaryPageau , 0 comment
  FUJIFILM Holdings Corp. announced financial results for the full fiscal year ended March 31, 2025. For the fiscal year, revenue increased by 7.9% year-over-year to JPY3,195.8 billion. This growth was primarily supported by robust performance in the Electronics and Imaging businesses and the favorable impact of exchange rates. Operating income rose 19.3% year-over-year to JPY330.2 billion, driven by revenue... Read More
Xerox reports improved earnings on lower sales for 2019 Earnings reports 

Xerox reports improved earnings on lower sales for 2019

GaryPageau , , , 1 Comment
Xerox Holdings Corp. announced full-year 2019 revenue dropped 6.7 percent to $9.07 billion, but saved $640 million under the “Project Own It” cost-savings plan, which contributed to improved earnings and cash flow. “We are delivering on our three-year plan. We grew earnings per share, increased cash flow and expanded adjusted operating margin for the full year, and we improved our... Read More
Xerox sells stake in Fuji Xerox to Fujifilm for $2.3 billion Acquisitions News Opinion 

Xerox sells stake in Fuji Xerox to Fujifilm for $2.3 billion

GaryPageau , , 1 Comment
Xerox Holdings Corp., Norwalk, Conn., announced it entered into an agreement with Fujifilm Holdings Corp. and assorted subsidiaries to sell to Fujifilm its 25% state in Fuji Xerox Co. Ltd., putting an end to one of the most rancorous corporate divorces in recent memory.  The company also sold Xerox’s 51% stake in Xerox International Partners (XIP), an OEM joint venture... Read More
Fujifilm not giving up on Xerox deal, but won’t sweeten it, either News 

Fujifilm not giving up on Xerox deal, but won’t sweeten it, either

GaryPageau ,
In an interview with the Nikkei Asian Review, Fujifilm Holdings‘ Chairman Shigetaka Komori conceded the nearly year-long campaign to acquire a 51-percent stake in Xerox Corp. through the purchase of the Fuji Xerox joint venture. Soon after, activist investors Carl Icahn and Darwin Deason not only opposed the merger but lead a boardroom coup resulting in the replacement of Xerox’s... Read More