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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.

Nikkei edges lower as weak sentiment lingers; Canon tumbles

TOKYO, Oct 26 Japan's Nikkei edged lower on Friday morning despite a rebound on Wall Street, as worries about earnings of domestic firms kept investors risk averse after Canon disappointed the market by lowering its annual profit forecast.

Canon cuts full-year outlook on lean demand for cameras, chip equipment

TOKYO Japan's Canon Inc on Thursday lowered its full-year earnings outlook for the second time this year, citing lower sales of single-lens reflex (SLR) cameras and lean demand for semiconductor-producing equipment.

Canon cuts full-year outlook on lean demand for cameras, chip equipment

TOKYO Japan's Canon Inc on Thursday lowered its full-year earnings outlook for the second time this year, citing lower sales of single-lens reflex (SLR) cameras and lean demand for semiconductor-producing equipment.

UPDATE 1-Canon cuts FY outlook on lean demand for cameras, chip equipment

* Cuts annual profit outlook to 335.5 bln yen from 378.5 bln yen (Adds background, CFO comment)

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