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

Thu Oct 25, 2012 2:28am 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.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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