From the Nikkei Asian Review:
TOKYO -- Canon probably saw its group operating profit roughly double on the year in the January-March quarter to about 80 billion yen ($733 million), thanks to successful acquisitions and strong overseas sales of cameras and printers.Read the entire article on the Nikkei Asian Review.Sales apparently grew 20% to just over 950 billion yen. Official quarterly results are due out Wednesday.
Toshiba Medical Systems, which Canon bought last year for 665.5 billion yen, is believed to be responsible for about 70% of the profit boost. Past acquisitions, including commercial printer and surveillance camera makers in Europe, probably also posted strong results.