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Canon Q1 Profit More Than Doubles, Lifts FY21 Outlook, Declares Dividend; Stock Up

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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Japan's Canon Inc. (CAJ) reported Monday that its first-quarter attributable net profit was 44.45 billion Japanese yen or $400.49 million, 103 percent higher than last year's 21.91 billion yen.

Earnings per share were 42.50 yen or $0.38, compared to 20.68 yen last year.

Operating profit was 70.56 billion yen or $635.71 million, up 114.6 percent from 32.88 billion yen a year ago.

First-quarter net sales grew 7.7 percent to 842.65 billion yen or $7.59 billion from prior year's $782.31 billion yen.

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