Product category:
Printing Presses and Machinery (New and Used, Service and Repair)
News Release from: Komori UK
Edited by the Printingtalk Editorial
Team on 24 November 2004
Half-Year Komori Results Show Big Boost
Komori Corporation has posted an upbeat set of half-year figures for worldwide sales leading up to September 2004.
Komori Corporation has posted an upbeat set of half-year figures for worldwide sales leading up to September 2004 Sales are up to 53,608 million Yen against 46,614 million Yen for the same period last year
This article was originally published on Printingtalk on 4 Jul 2008 at 8.00am (UK)
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Net profit has increased from 1,791 million Yen to 3,092 million Yen for the same period.
Sales for the full year have been upgraded to an anticipated 112,000 million Yen against 103,442 million Yen for the previous year.
Net profit is anticipated to rise to 4,700 million Yen for the year to March 2005.
Satoshi Mochida, managing director of Komori Corporation commented: "These results reflect a strong performance worldwide, with an increase in overseas orders especially of our new Lithrone LS40 B1 range, and is a representation of our investment in core products and manufacturing facilities.
The next phase at the new 185,000 squre-metre factory at Tsukuba, which specialises in the manufacturing of B1 Lithrone presses, has commenced in order to provide us with additional production capacity to meet this increased demand." In China, Komori reports sales in excess of 900 Lithone L40 units in the past year, whilst in the Japanese domestic market, it reports over 30 web systems sales for the year to September 2004.
Launched at Drupa, the SPICA, a four-colour two-over-two convertible perfector, is also exceeding sales expectations.
In the US, Komori said it has been quick to benefit from the general economic upturn, reflected in a strong presence at Graphexpo, Chicago, where the company announced a series of key orders for Lithrone LS40 long perfectors, it reported.
Europe has seen an increase in presses sold and also reports higher level of sales for Komori perfecting presses.
In the UK, Komori chief executive of Martin Rickards reported sales to be ahead of forecast. Request free introductory details about products from Komori UK ...
"Having had the opportunity to showcase our latest technology at Drupa 2004, we are experiencing strong sales and have been particularly delighted with the success of our new LS40 series with recent installations at Harrison Packaging, Sherwood Press, Integrated Packaging and Cardiff printer, Zenith Media.".
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