Hardcopy Vendor Financials, 4Q23: Declining Yen Disguises Weak Quarter

Description

This IDC Market Perspective contains excerpts from public financial disclosures by leading hardcopy vendors and details the impact of inflation, economic uncertainty, and supply chain issues on performance and forecasts."The fourth quarter of 2023 was another challenging quarter for print vendors, as businesses and consumers continued to exercise caution when considering print infrastructure spending during this period of economic and geopolitical uncertainty. The weakening yen disguised a relatively poor fourth quarter, and it will provide an even stronger tailwind for the first quarter of 2024, but underlying demand is expected to remain soft into the second half of 2024." - Geoffrey Wilbur, research manager, Imaging, Printing, and Document Solutions at IDC

Product Code: US50780124

Executive Snapshot

New Market Developments and Dynamics

Financials by Vendor
- Brother
  - Highlights
    - Sales by Business Unit
    - Sales by Region
  - Key Takeaways and Outlook
    - Printing and Solutions Business Unit
    - Domino Business Unit
    - Supply Chain/Inventory Notes
- Canon
  - Highlights
    - Sales by Business Unit
    - Sales by Region
  - Key Takeaways and Outlook
    - Printing Business Unit
    - Supply Chain/Inventory Notes
- Epson
  - Highlights
    - Sales by Business Unit
  - Key Takeaways and Outlook
    - Office and Home Printing Business Category
    - Commercial and Industrial Printing Business Category
    - Inventory Notes
- HP Inc.
  - Highlights
    - Sales by Business Unit
    - Sales by Regions
  - Key Takeaways and Outlook
    - Printing
    - Inventory Notes
- Konica Minolta
  - Highlights
    - Sales by Business Unit
  - Key Takeaways and Outlook
    - Digital Workplace Business Unit
    - Professional Print Business Unit
    - Inventory Notes
- Kyocera
  - Highlights
    - Sales by Business Unit
    - Sales by Region
  - Key Takeaways and Outlook
    - Document Solutions Group
    - Inventory Notes
- Ricoh
  - Highlights
    - Sales by Business Unit
    - Sales by Region
  - Key Takeaways and Outlook
    - Digital Services
    - Digital Products
    - Graphic Communications
    - Inventory Notes
- Sharp
  - Highlights
    - Sales by Business Unit
  - Key Takeaways and Outlook
    - Smart Office Business Unit
    - Inventory Notes
- Xerox
  - Highlights
    - Sales by Business Unit
    - Sales by Region
  - Key Takeaways and Outlook
    - Inventory Notes