Thursday, October 24, 2013

Canon lowered its annual forecast, less good for sales ... - Romandie.com

Canon lowered its annual forecast, sales worse cameras

Tokyo (awp / afp) – The Japanese technology group Canon Image lowered Thursday for the second time on its annual forecast, mainly due to lower demand cameras

“The market for digital compact models is expected to contract in both rich and emerging countries, even if the boxes interchangeable lens grows well in Japan, it is lagging abroad,” said the group also blames a few flourishing economic situation in Europe.

For calendar year 2013, Canon expects more than a net profit of 240 billion yen (1.87 billion euros at the exchange rate used by the group), against 260 billion previously considered . He had already reduced its estimates at the end of the first half. However, the new figure announced Thursday amounts to a further increase of 6.9% compared to the net profit of 2012.

Its annual operating profit is not expected to 360 billion yen ($ 380 billion against previously expected), all on a turnover expected to 3.75 trillion yen, against 3.850 billion before 3980 and even more earlier in the year.

After the first 9 months of the year, the group, also known for its office equipment, has reported a net profit increased slightly by 1.7% year on year to 166.23 billion yen (1.3 billion euros) for a turnover rose by 6.7% to 2.69668 trillion yen (21.5 billion euros). Its operating profit for its share fell 1% to 243.73 billion yen (1.94 billion euros).

addition to the difficulties in the market for cameras, competition from smartphones, Canon has not received the expected extent of the market or SLR cameras without a mirror. Outside Japan, the demand does not increase as much as expected.

sales of inkjet printers also suffer from a slowdown in the growth of emerging nations, according to Canon.

latter rejoices in contrast to the color fastness laser models and orders of equipment for the semiconductor industry and screens, thanks to the good health of the market of smartphones and tablets.

afp / rp

(AWP / 24.10.2013 8:56)

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