Japan Disaster Update from Canon

(Reuters) - Japanese camera and copier maker Canon Inc (7751.T) expects its quake-hit supply chain to recover more quickly than originally estimated, giving a roughly 50 billion yen ($600 million) boost to its annual sales, the company's chief executive said.

In an interview with Reuters, Canon CEO Fujio Mitarai said "We now forecast (production) to return to normal by the end of June." Read the full story.

Posted: 5/20/2011 6:04:21 AM CT   Posted By: Bryan
Posted to: Canon News    
Share on Facebook! Share on Twitter! Share on Pinterest! Email this page to a friend!
comments powered by Disqus
Help  |  TOU  |  © 2022 Rectangular Media, LLC  |  Bryan CarnathanPowered by Christ!