The Recycler
  • G&G Feb 24 Masthead Banner
  • Katun web banner December 2022 NEW
  • Biuromax Masthead web banner March 2024

Epson releases full-year 2022 results

April 28, 2023

The company has published its full-year 2022 results and fourth quarter results, posting revenue growth of 19.1%.

Revenue was ¥335.9 billion ($2.5 billion/ €2.25 billion), up 19.1% up year-on-year and business profit was up 13.3% year-on-year at ¥14.3 billion ($105.12 million/ €95.65 million).

The printing solutions business segment revenue was ¥240.1 billion ($1.76 billion/ €1.61 billion), up 20.6% year-on-year. Epson explained that in office and home printing, revenue increased but profit decreased.

Inkjet printer unit sales grew by 10% year-on-year, with high-capacity ink tank printers leading the way as supply constraints eased.

Ink revenue increased by 6%. Although ink cartridge sales declined as at-home print demand returned to normal, increased sales of high-capacity ink bottles and foreign exchange effects pushed total ink revenue higher.

Office shared inkjet printer revenue grew sharply due to the easing of supply constraints, an increase in ink sales as office printing recovered, and the launch of new products, Epson added.

For fiscal year 2023, Epson forecasts revenue and business profit growth. Office and home inkjet printer and commercial and industrial inkjet printer unit sales are expected to grow due to easing of supply constraints, while a decrease in selling prices is reflected as the balance between supply and demand change. Logistics costs are expected to fall due to revision of ocean freight rates.

Categories : City News

Tags : Epson Financials Growth Inkjet Sales

  • Static Control June 2022 Big & Bold Ad
  • Biuromax March 2024 Banner
  • GM Technology Web Ad March 2024
  • Cartridge Web April 2024 Web Banner
  • TN Core April 2024 Web Banner
  • IR Italiana Web ad January 2021
  • Apex Web Banner April 2024
  • Ink Tank April 2024 Web Ads
  • G&G Big & Bold Web banner January 2024
  • Mito Web advert July 2023
  • Zhono Web ad March 2024
  • ITP Web ad January 2021
  • CET Web ad December 2023
  • HYB Web banner Jan 2024
  • PCL April 2024 Web Banner
  • Altkin Web ad March 2024
  • Denner Feb 2024 Web Ad
  • Altkin Web ad March 2024
  • Zhono Web ad March 2024
  • PCL April 2024 Web Banner
  • CET Web ad December 2023
  • HYB Web banner Jan 2024
  • ITP Web ad January 2021
  • Denner Feb 2024 Web Ad
  • Zhono Web ad March 2024
  • Denner Feb 2024 Web Ad
  • CET Web ad December 2023
  • HYB Web banner Jan 2024
  • Altkin Web ad March 2024
  • ITP Web ad January 2021
  • PCL April 2024 Web Banner

The Recycler, Wittas House, Two Rivers, Station Lane, Witney, OX28 4BH, United Kingdom | Tel: +44 (0) 1993 899800 | Fax : +44 (0) 1993 226899
©2006-2023 The Recycler - Terms & Conditions - Privacy Policy including cookie use

Web design Dorset | Websites by Mark

The Recycler Subscribe Web ad January 2021
The Recycler Subscribe Web ad January 2021