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News: Canon Inc (7751.T)

7751.T on Tokyo Stock Exchange

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Tue, Apr 26 2016

UPDATE 1-Canon says Q1 profit hit by weak printer, camera sales; cuts FY outlook

* Firm trying to diversify away from consumer cameras (Adds segment breakdown, context)

How Toshiba got paid before a sale closed in a maneuver skirting antitrust rules

TOKYO Toshiba Corp, in a hurry to raise cash before closing its books for the business year that ended at the end of last month, was able to structure the sale of its medical equipment business to Canon Inc in an unorthodox way so that it could book the 665.5 billion yen ($5.95 billion) proceeds before the deal had been approved by regulators.

How Toshiba got paid before a sale closed in a maneuver skirting antitrust rules

TOKYO, April 25 Toshiba Corp, in a hurry to raise cash before closing its books for the business year that ended at the end of last month, was able to structure the sale of its medical equipment business to Canon Inc in an unorthodox way so that it could book the 665.5 billion yen ($5.95 billion) proceeds before the deal had been approved by regulators.

BRIEF-Clavister receives further orders from Canon IT Solutions

* Says Canon IT solutions makes further inroads into Japanese IT security market with Clavister solutions

Canon agrees to buy Toshiba's medical equipment unit for $5.9 billion

TOKYO Canon Inc has agreed to buy Toshiba Corp's medical equipment unit for 665.5 billion yen ($5.9 billion), the companies said on Thursday.

UPDATE 1-Canon agrees to buy Toshiba's medical equipment unit for $5.9 bln

* Toshiba says deal could yield $5.3-bln profit in current fiscal

Canon agrees to buy Toshiba's medical equipment unit for $5.9 bln

TOKYO, March 17 Canon Inc has agreed to buy Toshiba Corp's medical equipment unit for 665.5 billion yen ($5.9 billion), the companies said on Thursday.

Toshiba, banking on medical unit sale, drops plans for more loans-sources

TOKYO Toshiba Corp is set to drop plans to seek about $1.8 billion in additional loans as its planned sale of a medical unit will likely provide it with enough funds for the time being, sources familiar with the situation said on Tuesday.

Toshiba, banking on medical unit sale, drops plans for more loans-sources

TOKYO, March 15 Toshiba Corp is set to drop plans to seek about $1.8 billion in additional loans as its planned sale of a medical unit will likely provide it with enough funds for the time being, sources familiar with the situation said on Tuesday.

Toshiba to announce business plan on Friday

TOKYO, March 15 Japan's Toshiba Corp said it would unveil its business strategy for next fiscal year on Friday in an announcement expected to include plans to sell its medical equipment unit to Canon Inc and boost its finances after a $1.3 billion accounting scandal.

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