• SHARE

Canon Inc. said Monday its net profit rose 12 percent to a record 384.1 billion yen in 2005, thanks to strong sales of digital cameras and color laser printers.

The company also announced that Senior Managing Director Tsuneji Uchida will be promoted to vice president with an eye to eventually replacing President Fujio Mitarai, who is scheduled to take the helm of the Japan Business Federation (Nippon Keidanren), the country’s largest business lobby, in May.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW