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Canon Releases Second Quarter 2025 Financial Results
The-Digital-Picture_comCanon has added second quarter financial results to the Investor Relations page.
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Results
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Presentation Material and Speech Summary
Quotes and Info From the Presentation Material.
"Our markets remained stable, basically in line with expectations. However, our performance was significantly impacted by yen’s appreciation compared to same period last year."
"New products drove continued growth in camera sales."
"Second quarter net sales slightly down, but 2% increase on local currency basis. On same basis, net sales at record high for 1H 2025."
"Profits, thanks to increased sales and effects from last year’s review of sales structure, increased by around 20% in both 2Q/1H of year on local currency basis, evidencing the continuation of momentum for improving profitability."
"Solid market environment expected, but incorporated impact of postponed investment due to additional U.S. tariffs and heightened geopolitical tension into plan."
"Decrease in gross profit due to lower sales will be offset through expense reduction. However, lowered projection for operating profit by 6 billion yen and net income by 3 billion yen."
"Aiming for sales and profit growth as well as operating profit ratio of 10%"
"As for impact of additional U.S. tariffs, assumed tariff rate will remain at 10% until year-end."
"Raising dividend by 5 yen to 160 yen for full year, returning to pre-COVID level of 2019. Completed 200 billion yen in share buybacks."
The Imaging group's 2025 financial projection is +7.9% net sales and +4.6% operating profit.
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