Hardcopy Vendor Financials, 4Q23: Declining Yen Disguises Weak Quarter
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
Please Note: Extended description available upon request.
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