Tamron Co. posted a net profit of 708 million yen, up 58.1 percent year-on-year, in its first quarter ended March 31, on total sales of 12.27 billion yen, up 9.9 percent. Its imaging business unit handling photographic lenses posted an operating profit of 1.22 billion yen, on total sales of 8.0 billion yen. Sales of lenses under the Tamron brand, as well as brands of its OEM … [Read more...]
Sigma Donates Over 537 Million Yen to Quake Victims
Michihiro Yamaki, Chairman and CEO of Sigma Corp. handed over the token donation of about 537 million yen (US$6.55 million) to Mr. Genichi Igarashi, Mayor of Bandai-machi, which is where the company’s Aizu plant is located. The money was collected from Sigma’s headquarters at home and subsidiary firms abroad to be offered to the victims of the recent tragedy, and the … [Read more...]
Samsung Signs Beckham as Olympic Games Ambassador
Samsung Electronics Co. Ltd., the Worldwide Olympic Partner for wireless communications equipment, announced an exclusive agreement with footballer David Beckham, assigning him the role of Samsung’s global brand ambassador for the London 2012 Olympic Games. Beckham will play a key part in raising awareness of the company’s sponsorship as the worldwide Olympic partner. … [Read more...]
Updates on Annual Results and Group Reorganization from Panasonic
Panasonic Corporation, Japan announced sales amounting to 8.7 trillion Yen (Euro 72 billion) for the fiscal year that ended March 31, 2011a plus of 17 percent compared to the previous year. According to Panasonic, the growth was mainly due to the inclusion of Sanyo Electric Co. Ltd.’s sales, and its subsidiaries in the company’s consolidated financial results from January … [Read more...]
Canon’s January-March Operation Profit Downsized
Canon Inc. has reported a group operating profit of around 80 billion yen (US$976 million) for the Jan-March quarter, which is an 8 percent drop year-on-year, in the wake of the disaster of March 2011. The tragedy damaged eight of Canon’s manufacturing bases in Japan. The shortage of components brought production to a standstill in a camera factory located in the Kyusyu … [Read more...]