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JAPAN'S FUJI XEROX POSTS 12% FALL IN GROUP OP PROFIT FOR FY2000.
TOKYO, April 2 Asia Pulse - Fuji Xerox Co. reported Friday a 12% drop in consolidated operating profit to 32.76 billion yen (US$259 million) for the year ended December, weighed down by rising marketing and administrative costs.
The ratio of marketing and administrative costs to sales rose 1.7 percentage points, resulting from some 9 billion yen in expenses for an early retirement package and other structural reforms. Group sales climbed 3%, thanks to robust color copier sales to Xerox Corp. of the ...
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