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Canon Inc (7751.T)

7751.T on Tokyo Stock Exchange

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Wed, Jan 30 2019

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Canon expects first drop in operating profit since 2016 on slower China

TOKYO Japan's Canon Inc expects its annual operating profit to drop for the first time in three years, as a Chinese economic slowdown and a stronger yen hit sales of cameras and panel-making equipment.

Canon expects first drop in operating profit since 2016 on slower China

TOKYO Japan's Canon Inc expects its annual operating profit to drop for the first time in three years, as a Chinese economic slowdown and a stronger yen hit sales of cameras and panel-making equipment.

UPDATE 1-Canon expects first drop in operating profit since 2016 on slower China

* Forecasts a 5.2 percent y/y drop in annual operating profit

Canon sees 5.2 pct dip in 2019 profit on China economic slowdown

TOKYO, Jan 30 Japan's Canon Inc said on Wednesday it expected operating profit to drop 5.2 percent in 2019 as a Chinese economic slowdown hit demand for cameras and panel-making equipment.

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