https://www.canonnews.com:443/Home/rss/category/1633/canon-financial-newsRSS documenthttps://www.canonnews.com/canon-records-a-high-net-sales-for-fiscal-2025 Canon Inc.'s financial performance for the fiscal year 2025, which ended on December 31, 2025, recorded a record high net sales for the second year in a row. Consolidated net sales for the year were 4,624.7 billion yen, an increase of 2.5% over FY2024 net sales, which were 4,509.8 billion yen, after adjusting for impairment. The company saw robust demand for its products, even with challenges such as U.S. tariffs, which had a 31.3 billion yen impact on its operating profit. Its operating ...]]>Sun, 01 Feb 2026 03:12:00 GMThttps://www.canonnews.com/canon-records-a-high-net-sales-for-fiscal-2025https://www.canonnews.com/canon-2q-2022-financials-10 Canon released its financials today, and it paints a good picture of the company’s post-COVID-19 recovery. Supply shortages still give an uneven view of the company and what its strategic direction is going forward, as there is still so much triage happening as supplies remain hard to come by. Echo’ed throughout the report is the fact that Shanghai’s COVID lockdown bothered Canon more than we knew as they struggled with supply shortages.  Here’s hoping that China relaxes it’s zero-covid ...]]>Wed, 27 Jul 2022 02:23:00 GMThttps://www.canonnews.com/canon-2q-2022-financials-10https://www.canonnews.com/canon-takes-aim-at-1-in-mirrorless-8 Canon issued its corporate strategy conference and it contained some interesting points that relate to Canon's own cameras and imaging systems. What has gained the most notice is that they expect to have the same lens growth per year as they have in 2020-21 until 2026 (Around 8 new lenses per year).  Canon when the EF mount was first announced released a dizzying amount of new lenses, so Canon doing this for the RF mount isn't a real surprise.  That surprisingly to some, doesn't really ...]]>Tue, 08 Mar 2022 21:32:00 GMThttps://www.canonnews.com/canon-takes-aim-at-1-in-mirrorless-8https://www.canonnews.com/canon-financials-for-third-quarter-2021-5 Canon released their finiancils for the third quarter of 2021 and while the commentary throughout Canon's divisions speak of supply shortages, Canon's profit and projected profit is quite strong. Overall company wise, Canon is expecting a 141% growth in operating profit for 2021 with a net sales growth of 14% looking at 2020 versus 2021.  This quarter compared to a year ago, Canon had a 200% profit growth and a 10% net sales growth.  Impressive results. As for imaging, it is very ...]]>Thu, 28 Oct 2021 06:51:00 GMThttps://www.canonnews.com/canon-financials-for-third-quarter-2021-5https://www.canonnews.com/canon-releases-financial-results-for-the-2nd-quarter-2021-9 Canon today posted their 2nd quarter financials and the results were encouraging overall for the company with sales and profits rebounding from 2020's COVID-related struggles.  As a result, Canon is increasing its financial projections for the remainder of the year - but not by much.  As they note, they are still a little concerned with the rise in cases in some parts of the world, as COVID continues to sweep through hotspots in the world. For imaging, they are increasing their sales ...]]>Wed, 28 Jul 2021 14:48:00 GMThttps://www.canonnews.com/canon-releases-financial-results-for-the-2nd-quarter-2021-9https://www.canonnews.com/canons-2021-q1-financials-show-positive-results-38 It's difficult to find much in the way of negative news in Canon's financials this quarter.  As the world continues its recovery from the COVID-19 pandemic, Canon has seen sales growth throughout every segment. Canon curiously decided to restructure its divisions.  The big changes were that no longer does imaging contain inkjet printers.  Imaging now contains only cameras that we care about and network cameras.  To be honest, the way they changed it makes a lot of sense. As ...]]>Mon, 26 Apr 2021 23:45:00 GMThttps://www.canonnews.com/canons-2021-q1-financials-show-positive-results-38https://www.canonnews.com/canon-releases-their-2020-financials-43 Canon released their financials for 2020, and as to be expected, with COVID-19 disrupting most of the economies around the globe, sales have slumped when compared to 2019.   Canon made great lengths in their presentation to highlight that they beat their 4Q projections, however, overall, for the calendar year, Canon suffered a 12% loss in net sales and a 33% loss in net income. I totally get Canon highlighting optimism.  2020 was a year unlike any other, since, well, the great pandemic ...]]>Thu, 28 Jan 2021 14:19:00 GMThttps://www.canonnews.com/canon-releases-their-2020-financials-43https://www.canonnews.com/canon-releases-their-third-quarter-financials-41 Well we all know this year has been hard, but how did Canon fare this quarter? Their overall company sales were of course down, with so much of the world suffering through near-catastrophic economic disruptions because of COVID-19. However surprisingly Imaging did quite well this quarter with a 167% increase in profit from Q3 2019 to Q3 2020 and only a net loss of 2% in sales.  What helped imaging is the fact that more people were working from home and needed devices like printers and print ...]]>Mon, 26 Oct 2020 15:48:00 GMThttps://www.canonnews.com/canon-releases-their-third-quarter-financials-41https://www.canonnews.com/canon-posts-their-latest-financial-results-107 Canon just posted their first-quarter financial results, and as you may expect COVID-19 is front and center in their summarization of the quarter.  What is sure to be a common theme for all of the Japanese manufacturers, Canon faced severe supply chain issues and increased difficulty in selling products to a world distracted by the virus. As far as cameras Canon faced a contraction of 28% in terms of raw units, and a sales loss of 24.8%.  With that, we can see that even though Canon is ...]]>Fri, 24 Apr 2020 00:01:00 GMThttps://www.canonnews.com/canon-posts-their-latest-financial-results-107https://www.canonnews.com/canon-3q-2019-financial-results-poor-results-but-encouraging-details-79 Canon released their third-quarter details, and this is certainly a quarter where if you just look at the numbers, it looks like Canon's camera business is struggling, however, it's the details and what Canon says about what is happening coming up that gives some optimism that Canon has navigated a really rough year with results to switching from the EF mount to the RF mount. First, the numbers, as you can see from the above chart, Canon is down a shocking 22% in sales for 2019 actual as ...]]>Mon, 28 Oct 2019 11:11:00 GMThttps://www.canonnews.com/canon-3q-2019-financial-results-poor-results-but-encouraging-details-79