Oct 26, 2016

Canon revises down full-year earnings forecast due to higher yen

Canon Inc. on Wednesday revised downward its full-year group earnings forecast for this year, citing the persistent higher yen and sluggish sales in emerging economies. In the year ending Dec. 31, the maker of printers, photocopiers and cameras expects a group net profit of ...

Sep 5, 2016

Toshiba, Canon to start commercial drone services

Toshiba Corp. and Canon Inc. are starting separate drone-based services for corporate clients. Toshiba said Monday it will partner with auto parts manufacturer Alpine Electronics Inc. to commercialize a system by March 2018 to inspect remote infrastructure such as power cables and steel towers. ...

Jul 27, 2015

Canon profit tumbles 20.5% on weak camera demand

Canon Inc. said Monday that its net profit fell 20.5 percent in the first six months of the year as smartphones increasingly take a bite out of demand for digital cameras. The photography and office equipment giant reported a ¥102.13 billion ($830 million) profit ...

Jul 24, 2013

Camera sales fall spurs Canon to cut earnings outlook for 2013

Canon Inc. on Wednesday revised downward its full-year earnings outlook for the business year through December, citing flagging sales of digital cameras in China and Europe as well as the negative impact of the eurozone economic slowdown. The maker of printers, photocopiers and cameras ...