Canon second-quarter net profit fell 20% compared to the $685.7 million

Canon second-quarter net profit fell 20% to $685.7 million compared to the world’s largest digital camera maker Canon Monday issued a the company in fiscal year 2012 the second quarter earnings. Results shows, because 3 · 11 Japanese earthquake and tsunami Canon spare parts supply, Canon impact the second quarter net profit dropped 20% year-on-year. But Canon also said, by revenue increases and Japanese earthquake of the company’s performance than expected the impact of promoting this fiscal year, the company’s net profit will reach about 260 billion yen ($3.3 billion), 18% higher than previously expected.

 

As of June 30 in the second quarter net profit, Canon for about 53.86 billion yen ($685.7 million), compared with the 67.64 billion yen slipped 20%. Canon second quarter operating profits for the 78.41 billion yen, compared with the 113.44 billion yen dropped 31%; Canon JiYing accept for the second fortune 836.57 billion yen, compared with a 14% decline of 970.36 billion yen.

 

Canon said in a statement on Monday, the company this fiscal year could reach the net profit of 260 billion yen ($3.3 billion), 18% higher than earlier 220 billion yen. Canon also raised the company of this fiscal year sales, operating profits and professional SLR cameras sales expectations. Canon, the company annual revenue is expected to could reach 3.78 trillion yen, higher than previously expected the 3.73 trillion yen; Operating profits will reach 380 billion yen, higher than previously expected the 335 billion yen.

 

Canon in a statement at the same time also cut Japan earthquake to the company revenue of the impact of the expected. Canon current Japan is expected to earthquake to the company revenue brought 197.4 billion yen, lower than the influence of a prior estimate of 314.4 billion yen.

 

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