Japanese camera and printer maker Canon Inc. (CAJ) reported Monday that its second-quarter net income attributable to the company declined 15.7% to 68.20 billion yen or $558.98 million from last year's 80.85 billion yen.
Earnings per share were 62.44 yen or $0.51, down 14% from 72.61 yen last year.
Income before income taxes for the quarter dropped 11.7% to 103.24 billion yen or $846.19 million.
Net sales were 974.41 billion yen or $7.99 billion, up 5.1% from 926.80 billion yen.
Looking ahead, Canon projects full-year consolidated net sales in 2015 of 3.93 trillion yen, a year-on-year increase of 5.4%, Operating profit of 380.0 billion yen, a year-on-year increase of 4.5%, and net income attributable of 245.0 billion yen, a year-on-year decrease of 3.8%.
The company previously expected consolidated net sales of 3.86 trillion yen and attributable profit of 255 billion yen.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.