News: Canon Inc (7751.T)

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Thu, Jul 24 2014

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Canon profit climbs as strong office equipment business masks camera downturn

TOKYO - Japan's Canon Inc said second-quarter operating profit jumped 12 percent to its highest for any quarter in nearly three years, as strong earnings in overseas office equipment offset continuing weakness in its camera business.

UPDATE 1-Canon profit climbs as strong office equipment business masks camera downturn

TOKYO, July 23 - Japan's Canon Inc said second-quarter operating profit jumped 12 percent to its highest for any quarter in nearly three years, as strong earnings in overseas office equipment offset continuing weakness in its camera business.

TABLE-Canon -6-MTH group results (SEC)

Jul 24 - Canon Inc CONSOLIDATED FINANCIAL HIGHLIGHTS (in billions of yen unless specified) 6 months ended 6 months ended Year to Jun 30, 2014 Jun 30, 2013 Dec 31, 2014 LATEST YEAR-AGO COMPANY RESULTS RESULT FORECAST Sales 1.80 trln 1.78 trln 3.78 trln (+0.6 p

Nikkei falls for 5th day, hit by Portugal bank fallout

* Nikkei has fallen 1.7 pct for the week * Canon soars on strong profit report By Ayai Tomisawa TOKYO, July 11 - Japan's Nikkei share average dropped for a fifth day to a fresh 1 1/2-week low on Friday morning as concerns about the financial health of Portugal's top listed bank turned investors risk-averse. The Nikkei shed 0.3 percent to 15,164.68 in mid-morning trade after falling to as low as 15,101.49, the lowest since June 30. For the week, the index has declined 1

Canon says to buy back up to 50 billion yen of own shares

TOKYO - Canon Inc said on Thursday it would buy back up to 1.5 percent of its outstanding shares for a maximum of 50 billion yen ($492 million) to improve capital efficiency.

Canon says to buy back up to 50 bln yen of own shares

TOKYO, May 8 - Canon Inc said on Thursday it would buy back up to 1.5 percent of its outstanding shares for a maximum of 50 billion yen ($492 million) to improve capital efficiency.

Intellectual Ventures settles lawsuit against investor Xilinx

SAN JOSE, Calif., May 2 - Patent owner Intellectual Ventures has settled a lawsuit against one of its own investors, chipmaker Xilinx, a case that had been closely followed by advocates seeking to change the U.S. patent system.

UPDATE 1-Canon nudges up 2014 profit forecast as office equipment sales grow; Q1 profit up 51 pct

* Operating profit jumps as sales of colour copiers and printers grow

Canon nudges up profit forecast on higher office equipment sales

TOKYO - Canon Inc raised its full-year operating profit target by a slight 1.4 percent after strong sales of office copiers and printers in the first quarter.

Canon nudges up profit forecast on higher office equipment sales

TOKYO, April 24 - Canon Inc raised its full-year operating profit target by a slight 1.4 percent after strong sales of office copiers and printers in the first quarter.

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