Canon Releases 2Q 2019 Financial Results

Canon has released its 2Q 2019 financial results and you can download the presentation material here. Looking through the material, we can see that sales in Canon's Imaging Systems are down compared to last year and its previous projection.

Canon 2Q Financial Results Screenshot

Regarding the data, Canon notes:
"In Imaging System, we expect sales and profit of interchangeable lens cameras to decline, due to the continued impact of mainly entry class DSLR market contraction. However, in the area of mirrorless cameras, where we are focusing our energy, the effects of expanding our lineup will continue to lead to sales growth."
Canon has been impressing us with its mirrorless system releases, so continued growth in that segment is certainly a reasonable assumption.

Posted: 7/24/2019 5:46:12 AM ET   Posted By: Sean
Posted to: Canon News    Category: Canon Financial Results
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