Canon Releases 1Q 2018 Financial Results

Canon has released its financial results for Q1 of 2018.

Financial Information Pack – 1Q 2018 (.zip)

In the Imaging System – Cameras section of the presentation material, Canon notes:

• 1Q: Unit sales were limited to a slight decline despite one-off factor
• Full year: Increase market share through sales expansion of new products, including mirrorless models
• Improve product mix, and new product composition to raise profitability

On the same page Canon displays a picture of the EOS M50 with the label "New Mirrorless Model - M50." It will be interesting to see what Canon has up its sleeve in regards to mirrorless cameras which may further impact its market share in 2018.