Kyocera, a leading Japanese manufacturer of electronic components, plans to eliminate 10% of its consolidated revenue—valued at around JPY200 billion (US$1.27 billion)—by the end of fiscal year 2025 (April 2025 to March 2026). This decision comes as the company deals with reduced profitability in some of their “sectors.”

Company President Hideo Tanimoto told Nikkei Asia that Kyocera aims to exit non-core, lower-performing businesses during the fiscal year. Specific assets haven’t been named, but the divestment is expected to occur in phases and could include factory assets in the sale process.

Click here to read the Nikkei Asia article

Kyocera to divest US$1.27 billion in non-core business amid 3-year profit decline (digitimes.com)

No  information has been announced on which groups will be sold over the next year. More on this story as it unfolds.

SOURCE Industry Analysts Inc.

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