The Recycler Issue 331

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ASIA Ninestar, Financials, Business
Ninestar reviews achievements in 2019
In one of its latest infographics, Ninestar highlights 2019 full year results and achievements for the group.
Revenue for the fiscal year 2019 was
¥23.296 billion ($3.298 billion/ €3.015
billion), an increase of 6.25% year-onyear
with net profit attributable to
shareholders of ¥744 million ($105,346
million/ €96,29 million), a drop of
21.71% year-on-year.
Ninestar said that revenues from
compatible printing consumables
reached ¥3.724 billion ($527,298
million/ €482,086 million). The
company added: “The consumable
business continued to prosper. Under
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the fierce global competition in the
consumables industry, Ninestar,
a leading company in the global
market segment known by its patent
technology, product quality and market
share advantages, had much higher
growth rate of sales in consumables
than the industry average.”
In 2019, Lexmark’s printer sales
increased 8% year-on-year, which
Ninestar said was amongst the highest
rate in the global market. The company
recorded operating income of ¥17.96
billion ($2.543 billion/ €2.324 billion)
for the period, an increase year-on-year
of 4.6%. Pantum recorded a 48% yearon-year
increase with global shipments
reaching 1.15 million units. Pantum’s
key markets include India, China and
Russia which according to Ninestar
continued to see a rapid growth.
For the Q1 2020 Ninestar recorded
revenues of ¥5.24 billion ($742,015
million/ €678,340 million), a 2.17%
increase year-on-year. For the first
quarter in 2020 Ninestar’s integrated
circuit business which includes Apex
and Static recorded revenues of ¥1.297
billion ($183,636 million/ €167,902
million). Ninestar added: “Apex has
maintained its competitiveness in
first-to-market products and released
a number of new product line.
Meanwhile, in response to frequent
firmware upgrades of OEM in 2019,
Apex has preceded others with effective
product solutions.”
By the end of 2019 the company had
a total of 18,491 employees worldwide
and had acquired 4,498 authorised
patents, including 3,206 invention
patents, 978 utility patents, 314 design
patents, and 87 software copyrights and
integrated circuit layout designs.
Looking forward to plans in 2020,
Ninestar said that it is looking to carry
out efficient prevention and actively
respond to firmware upgrades from the
OEMs. Ninestar plans to release four
new MCU products in 2020, focusing
on medical equipment, household
appliances, motor control, mobile
phone peripherals, sharing economy
and IoT, etc.
For its consumables business, Ninestar
said it will further the integration across
its businesses within this segment, but
also mentions there will need to be cost
reductions. The company is looking to
adopt a multi-brand strategy and cover
as many market segments as possible.
For Lexmark and Pantum, Ninestar is
looking to realise continuous growth of
printer sales and supplies sales. ■
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Issue 331
June 2020
21