Canon earnings hit all-time high, raises full-year outlook


  • Business
  • Thursday, 01 May 2003

TOKYO: Canon Inc, the most profitable manufacturer in Japan’s high-tech sector, reported record first-quarter earnings yesterday and raised its full-year targets, buoyed by cost cuts and strong sales of its laser printers and digital cameras. 

The result contrasted sharply with earnings disappointments in recent days from other Japanese high-tech leaders such as Sony Corp. 

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