Canon 2006 net profit hits record on brisk sales of digicams/printers |
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Published
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Mon, 29 Jan 2007 08:00
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TOKYO (XFN-ASIA) - Canon Inc made a record-breaking net profit for last year, amid the popularity of its digital cameras and printers, the company said.The company posted a net profit of 455.32 bln yen for last year, against 384.1 bln yen in 2005.Its operating profit rose 21.3 pct to a record 707.03 bln yen as revenue increased 10.7 pct to a record 4.16 trln yen.In October, the maker of digital cameras had projected net profit of 440 bln yen, pretax profit of 700 bln yen and operating profit of 691 bln yen on revenue of 4.14 trln yen.Canon said it had sold 21.1 mln digital cameras last year, 25 pct more than in 2005.The company forecasts another record-breaking year this year, projecting net profit of 495 bln yen and operating profit of 765 bln yen on revenue of 4.45 trln yen.(1 usd = 121.77 yen)Yasuhiko.Seki@xfn.com
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Japan's Canon to make SED TVs alone, buy Toshiba stake in venture - report 