Canon has released its results for the second quarter 2013. If the firm has seen many indicators of progress a year annual forecasts have been revised downwards. 
After a very difficult first quarter, the Japanese Canon reported results up to a year in the second quarter (. pdf). The Japanese manufacturer has increased its sales by 7.5% to $ 9.8 billion. From the point of view of profits, the increase is more straightforward to 15.6% ($ 671.7 million). Same trend for operational, with a 6.2% higher than that obtained last year to $ 993.4 million.
The quarter earnings, Canon particular advantage of the sharp depreciation of the yen relative to the dollar and euro. The conversion of income from abroad has indeed mechanically swell its coffers. The Japanese realized in fact more than 80% of its sales outside of Japanese territory.
We can say that the monetary policy conducted by Japan to gain competitiveness was welcome. Because the camera market is not really a dazzling display health, especially in the case of digital compact cameras, increasing competition from smartphones. Reflex sales remain up however, provides Canon does not provide for much more details. In its entirety, the photo division still grew by 4.4%. The trend is much better on the side of the office division (scanners, printers, etc.), which rebounded by 14.6% year on year in the second quarter. Still, the forecasts have been widely revised decline for all of 2013, 10.3% in terms of profits, sales 3.3% and 15.5% for operating profit. An ad that was assented to the Tokyo Stock Exchange, with a fall of as nearly 7.6% as we write. For the office, especially printers, product sales multifunction increase moderately. Canon anticipates a sharper contrast increase in sales of laser printers compared to the year 2012. These inkjet should see their sales decline over the period.
No comments:
Post a Comment