Topic: Canon Inc.

Canon raises 2010 outlook on digicams, printers

TOKYO (Reuters) - Japan's Canon Inc raised its annual outlook closer to market expectations on Monday after robust demand for digital cameras and printers powered up its quarterly profit by more than fourfold. The result marked Canon's second straight quarter of year-on-year ...

Olympus eyes 20 percent share in high-end digicam

TOKYO (Reuters) - Japanese group Olympus Corp is aiming for its small, lightweight models to have 20 percent of the high-end digital camera market in three years, up from 5 percent now, its president said. The camera and endoscope maker is also ...

Canon sees profit rebound after tough 2009

Japanese high-tech giant Canon Inc. said Wednesday net profit more than halved in 2009, but it expects to recoup some lost ground this year on the back of strong demand for its digital cameras. Canon is enjoying strong demand for its single-lens ...

Canon seeks printer power with $1.1 billion Oce bid

TOKYO/AMSTERDAM (Reuters) - Japan's Canon <7751.T> plans to buy Dutch copier and printer maker Oce <OCEN.AS> for 730 million euros ($1.1 billion), in a challenge to rivals Ricoh <7752.T> and Xerox <XRX.N> in the hunt for growth. Canon, the copier and digital ...

Canon to bid for Dutch printer maker Oce

Japanese high-tech giant Canon Inc. announced Monday a friendly takeover bid worth 730 million euros (1.1 billion dollars) for Oce, the Dutch manufacturer of office printers and copiers. Canon will offer 8.60 euros in cash for each Oce share, aiming to take ...

Japan's Canon suffers profit slump

Japanese high-tech giant Canon Inc. said Tuesday that its profits more than halved in the three months to September from a year earlier because of poor sales of electronics and a strong yen. The camera and office equipment maker logged a net ...

Canon's profits plunge in first-half

Japan's Canon Inc. said Tuesday its net profit tumbled 84.5 percent in the first half of 2009 from a year earlier, hit by sluggish sales of compact digital cameras and other electronics. The yen's strength against other currencies also ate into profits ...

Canon's profits plunge 84.5 pct in first-half

Japan's Canon Inc. said Tuesday its net profit tumbled 84.5 percent in the first half of 2009 from a year earlier, hit by sluggish sales of compact digital cameras and other electronics. The yen's strength against other currencies also ate into profits ...

Canon profit tumbles, nudges forecast higher

TOKYO (Reuters) - Japan's Canon Inc posted a 72 percent fall in quarterly profit, hit by sluggish demand for office copiers, but nudged its full-year forecast higher on a firmer than expected yen and more aggressive cost cuts. Canon has benefited from ...

Canon revives new plant as camera sales hold firm

TOKYO (Reuters) - Japan's Canon Inc, the world's largest digital camera maker, revived on Friday plans to build a $180 million factory as demand holds firm for its high-end single-lens reflex cameras, lifting its shares 1.6 percent. Canon, which competes with Nikon ...
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