Canon Releases Q1 2013 Financial Results

Canon has released Q1 2013 Financial results. The presentation material PDF provides a graphical summary.

From Reuters:

Canon raises profit outlook as weak yen swells earnings
Canon Inc raised its full-year operating profit forecast by $300 million as a weakening yen triggered by Japan's latest deflation-fighting policies inflates its overseas earnings, despite smartphones sapping compact camera sales.

Canon sees lower compact camera sales in 2013, expects weaker yen
Japan's Canon Inc said on Wednesday it expected to sell 14.5 million compact cameras in the current business year that ends in December, down from its previous forecast of 17 million units, but it expected a weaker yen versus the dollar.

Posted: 4/24/2013 6:43:23 AM ET   Posted By: Sean
Posted to: Canon News    Category: Canon Financial Results
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