In the Latest Issue of The MFP Report
Covering Industry Developments in December 2022
- Headline News: "Disparity Among Hardcopy Vendor Stocks Grew in 2022" - It's no big surprise that the performance of printer company shares was generally poor in 2022, but a key takeaway is also the most obvious. There's a huge disparity in stock performance over the past one, two, three and four years among the companies that produce nearly all of the world’s printers.
- The Editorial: "It’s Time to Thin the Herd" - Product marketing has gone bonkers in slicing and dicing every “brand” into umpteen nearly indistinguishable products. The days when stalwart brands existed in just a few necessary permutations are long gone. And the hardcopy business is far from immune to this dynamic. We’ve gone from a single Xerox 914 copier, one original HP LaserJet printer, and Canon’s seminal Bubble Jet printer to a world with hundreds of different, often barely differentiable devices.
- In Other News: "Kyocera Forecasts Its Document Revenue Will Grow 43% by FY29" - Kyocera at the 2022 IR Day said its goal over the next six years is to grow Document Solutions revenue 43% and increase business profit 150%. That would represent a major surge from the previous six years when Document Solutions revenue grew 30% and business profit increased 29%. ... "Confusion Abounds as Printers Get Blamed for Arizona Election Mess" - Printers seldom make national news, and it can be unfortunate for the industry when they do. In part. that's because the resulting news coverage often misrepresents how printers work. Such has been the case since the crazy November 8 general election in Arizona.
- And Even More News - Konica Minolta provides a cursory US update. ... Xerox signs a 3D leading deal. ... Fujifilm promotes its DX skills in TV ads. ... Konica Minolta will resell Brother products in India. ... Kyocera goes carbon neutral in the UK. ... Ricoh is evaluating businesses to exit. ... Ricoh invests in Cybozu. ... Simpress is the other big HP-owned dealer. ... A couple of big deals on Visioneer's Rabbit MFP. ... Brother launches SheetCutter AIO in Europe and Asia. ... Pantum and Brother each update an aging MFP. ... Canon adds Maxify ink tank AIOs and updates mono imageCLASS MFPs. ... Brother is still selling a pair of laser fax MFPs. ... RISO releases its latest and fastest inkjet printers in the US. ... Fujifilm updates printers and touts "AAA" security. ... Plus more!