1ST-Q. SALES BOOST AT CANON

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1ST-Q. SALES BOOST AT CANON

 user 2005-04-28 at 10:40:00 am Views: 56
  • #9167
    Sales boost at Canon

    April 2005 – Tokyo (JPN): Canon has
    reported Q1 net sales of ¥843.4 billion ($7.882 billion), a year-on-year
    increase of 5.7 per cent.

    Net income came in at ¥93.1 billion, a y-o-y
    increase of 10.4 per cent.

    Senior managing director and group executive
    for finance and accounting at Canon, Toshizo Tanaka, said: “The increase in net
    sales was due to strong sales of colour copying machines and colour laser beam
    printers as demand for office colour has increased, and stable sales of digital
    cameras.

    “Although a difficult environment is expected in the second
    quarter and for the full year, we expect to exceed our sales and profit results
    of last year and achieve our sixth consecutive year of sales and profit growth,”
    he added.