Canon Fourth Quarter Profits Down 91 Percent

ZUMA Press Inc - 1106 days ago
Canon Fourth Quarter Profits Down 91 Percent
epa01616259 Japanese businessman walks past Canon cameras in an empty electronics store in downtown Tokyo, Japan, 28 January, 2009. Canon Inc. reports a 91 percent drop in its fourth-quarter net profit. Canon generates about 80 percent of its total revenue from overseas, and has suffered strongly from unfavorable currency fluctuations. The company provided a gloomy outlook for its electronics business for 2009 amid the global economic slump. EPA/EVERETT KENNEDY BROWN