Canon’s 2012 Financial Results

Canon released the financial results for 2012 (pdf file here). A graphical summary can be viewed here (pdf).

Quoting Reuters (source: The Digital Picture)

Japan’s Canon reports Q4 operating profit down 17.9 percent

TOKYO – Japan’s Canon Inc posted a 17.9 percent drop in quarterly operating profit on Wednesday, hurt by a strong yen and weaker demand for compact cameras as consumers switched to smartphones.

Canon says sales in China down more than 30 percent in 2012

TOKYO – Canon Inc said on Wednesday that its sales in China fell more than 30 percent in the year to December 2012, more than it had expected, due to a slowdown in that country and a territorial dispute between Tokyo and Beijing.

Canon forecasts 7.1 pct drop in 2013 compact camera sales

TOKYO, Jan 30 – Japan’s Canon Inc said on Wednesday it expected to sell 17 million compact cameras in the current business year ending in December, versus 18.3 million in 2012.

 

[via The Digital Picture]