Canon says strong yen to pare annual oper profit by $588 mln

TOKYO Thu Oct 25, 2012 2:27am EDT

TOKYO Oct 25 (Reuters) - Canon Inc said a stronger than expected yen that is crimping earnings from overseas will likely trim operating profit in the year ending Dec. 31 by 46.9 billion yen ($588 million).

Canon's chief financial officer, made the forecast during a briefing on Thursday after the company released its earnings results for the quarter ended Sept 30.