Canon Revised business results Downward sales of digital cameras October 28, 16:22
Canon has been selling for a year since December, as digital camera sales have declined due to the slowdown in the global economy such as China, and the exchange rate has been revised in the direction of yen appreciation since October. The earnings forecast has been revised downward.
This is the third downward revision of Canon's earnings forecast, and we expect sales to be 3,625.0 billion yen, 8% lower than the previous year's results, and operating profit will be 188.0 billion yen, 45% lower.