FILE PHOTO: Canon cameras with lenses are pictured at the stand of Japanese camera maker Canon on the press day of the world’s largest fair for imaging in Cologne September 17, 2012. REUTERS/Ina Fassbender/File Photo
January 30, 2018
TOKYO (Reuters) – Japan’s Canon Inc said on Tuesday it expects operating profit to climb 27 percent in 2018, marking its second consecutive year of profit gains as its efforts to diversify away from copiers and cameras pay off.
Canon forecast operating profit to rise to 420 billion yen ($3.9 billion) from 331.48 billion yen a year earlier, above a consensus estimate of 376.19 billion yen from 20 analysts polled by Thomson Reuters I/B/E/S.
(This story has been corrected to say outlook above analysts’ estimate, not below)
(Reporting by Makiko Yamazaki; Editing by Edwina Gibbs)
