Canon Posts FY 2018 Financial Results

• Decline in camera and vacuum deposition equipment sales due to change in market conditions
• Improved gross profit ratio through product mix and cost reduction
• Strived to improve expense efficiency through concerted group-wide efforts
• Compared to last year: Achieved growth in both operating profit and net income
• Compared to previous projection: Exceeded planned profit level through comprehensive expense management and despite lower than expected sales

Canon is forecasting a 5.0% decrease in Net Income for 2019 (across all businesses) due to the impact of exchange rates. Canon's goals for the imaging system (Cameras) segment for 2019 are:

Strengthen presence in mirrorless camera market

• Expand lineup of products with the EOS R system at its core
• Accelerate development of new products

Improve Profitability

• Raise proportion of full-frame models
• Expand sales of lenses that have high profitability
• Expand scope of production automation

• Results (PDF, 0.64MB)
• Presentation Material (PDF, 1.26MB)
• Speech Summary (PDF, 0.28MB)
• Supplementary Data (PDF, 0.50MB)

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