Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Canon Inc. Reports Results Q1 2004
Apr 27, 2004
 Printable format
 Email this Article
 Search

Imaging technology and business appliance company Canon U.S.A., Inc. (Lake Success, NY, U.S.), a subsidiary of Japan-based Canon, Inc., has announced the parent company's first-quarter 2004 consolidated net sales of 798.1 billion yen (U.S. $7.5 million), which represents a year-over-year increase of 9.1 percent from the first quarter of fiscal year 2003.

Canon reported first quarter net income of 84.3 billion yen ($795 million), or 95.50 yen ($0.90) per share, which represents a year-over-year increase of 17.1 percent.

"We exceeded our projections and results, for the same period last year, in both net sales and profits," Toshizo Tanaka, senior managing director and group executive for Finance and Accounting Headquarters, Canon Inc., said. "The increase in net sales was due to continued strong sales of digital cameras and color network multifunction devices as well as increased unit sales of IC steppers.

"Operating profit and net income increased more than 10 percent compared with the same period of the previous year, despite the strong yen environment," he continued. "This was mainly due to effects of increased sales volume and our efforts to realize cost reduction through the reinforcement of collaboration between development and production, and to reduce SG&A expenses. As a result, on a quarterly basis, operating profit and net income reached record high levels."

Back to Daily News

 

Daily News

...........................................................

Jul 24, 2014: Remodeling Spending to Be Slower, But Still Strong, in Early 2015

Jul 23, 2014: Whirlpool North America Reports Record Operating Profits

Jul 23, 2014: Japan Destroyed 3.6 Million KG Fluorocarbons from Commercial Refrigerators and AC

Jul 22, 2014: Lennox International Reports Record Profit in Second Quarter

Jul 22, 2014: Whirlpool Launches Hybrid Heat Pump Dryer

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows