Copier Industry Update April 29th, 2019 (with comments from Art)

Canon reports last quarter’s earnings - Net sales down 10% to 864,466 million yen ($7.8 billion) - Operating profit down 47.6% to 40,426 million yen ($364 million) - Office Business division (MFPs, printers, PPS) total sales down 3.9% to 425.6 billion yen o Income before taxes down 13.5% to 46.7 billion yen o MFP sales down 3.3% to 158.1 million yen o b/w units up 1% o color units up 6% o PPS sales up 2.5% to 105.5 million yen Kyocera reports last fiscal year’s earnings - Total revenue for...

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