Canon Inc. said Thursday its net profit dropped 30.0 percent in the first quarter through March as it withdrew its full-year earnings outlook due to economic uncertainty caused by the coronavirus pandemic.
The digital camera and office equipment-maker said its net profit in the first three months fell to ¥21.91 billion ($203 million), on sales of ¥782.31 billion, down 9.5 percent from a year earlier.
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