Canon Jan.-Mar. Earnings 30% down 30% profit on April 23, 17:16 on April 23
Canon's three-month settlement of accounts up to the last month was 30% lower than the same period last year due to factors such as the spread of the new coronavirus. The outlook for the year is "undecided" because it is difficult to predict due to the spread of infection.
As for the financial results for the three months until last month announced by Canon, sales and profits declined to 72.3 billion yen, which was 9.5% less than the same period of the previous year, and 21.9 billion yen, which was 30% less than the final profit.
Sales of multi-function peripherals for offices decreased due to stagnant corporate activities due to tightened outing regulations around the world due to the spread of new coronavirus infections, and sales of digital cameras decreased mainly due to sluggish consumption. The reason is.
Regarding the business outlook for the past year, Canon expects an increase in sales and profits, such as final profit of 160 billion yen, but it is difficult to reasonably forecast while the spread of infection continues. We have decided to discontinue the publication of such figures and make it “undecided”.
Toshizo Tanaka said in a telephone conference that "consumption and investment will be restrained worldwide due to city blockades, etc., and the economy will enter into a more serious recession in the future. We will get over it. " In order to prevent the spread of the new coronavirus infection, the company's head office in Tokyo is closed in principle, which affects the business.