Sales boost at Canon


Canon has reported Q1 net sales of ¥843.4 billion ($7.882 billion), a year-on-year increase of 5.7 per cent. Net income came in at ¥93.1 billion, a year-on-year increase of 10.4 per cent.

Group executive for finance and accounting, Toshizo Tanaka, said: "Although a difficult environment is expected in Q2, we expect to exceed our sales and profit results of last year."