Canon Inc (CAJ.N)
22 Mar 2017
* Says the co plans to sell its 65-percent-owned unit Toshiba Medical Finance to Canon Inc, with selling price at 3.14 billion yen
TOKYO Japanese camera and printer maker Canon Inc forecast full-year operating profit to climb 11.4 percent, its first rise in three years, bolstered by earnings from a medical equipment unit it bought from Toshiba Corp last year.
TOKYO Japan's Canon Inc said would be difficult to invest in Toshiba Corp's memory chip business, dousing hopes that the struggling conglomerate could count on its business partner for help as it scrambles for funds to offset a multi-billion dollar writedown.
* Canon says needs to prioritise investment for its own growth
TOKYO, Jan 31 Investing in Toshiba Corp's chips business would be a difficult proposition for Canon Inc as it needs to prioritise investment for its own growth, the camera and printer maker's chief financial officer said Tuesday.
* Q4 operating profit slumps by a quarter on yen strength (Recasts on profit outlook for 2017)
TOKYO, Jan 31 Japan's Canon Inc, the world's biggest maker of cameras and printers, said on Tuesday fourth-quarter operating profit fell 25.1 percent, after the yen strengthened following Britain's vote in June to leave the European Union.
* Canon's group operating profit is seen topping 250 billion yen ($2.17 billion) for the fiscal year ending December 2017 - nikkei
Jan 20 The following bids, mergers, acquisitions and disposals were reported by 2030 GMT on Friday:
TOKYO Japan's Canon Inc is considering investing in Toshiba Corp's chip business, Kyodo news agency reported on Friday.
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