Shulou(Shulou.com)11/24 Report--

CTOnews.com, October 30 (Xinhua)-- Canon recently released its financial report for the third quarter of 2023. In the third quarter of 2023, Canon's turnover increased 2.9% year-on-year to 1.025247 trillion yen (CTOnews.com Note: currently about 50.237 billion yuan), while net profit increased by 14.8%.

In the printing business, turnover in the second quarter rose 2.8% from a year earlier to 570.4 billion yen (currently about 27.95 billion yuan).

In the field of image business, in terms of interchangeable mirror digital cameras, Canon said that sales of new products such as EOS R6 Mark Ⅱ released last year and EOS R50 and EOS R100 released in the first half of this year are growing. Sales of RF lenses are solid. In terms of webcam, the large market demand and diversified applications support this product line to achieve income increase. Overall, turnover in this sector rose 8.7% year-on-year to 220.7 billion yen (currently about 10.814 billion yuan) in the quarter.

In the medical business, turnover in the quarter rose 5.0% from a year earlier to 132.4 billion yen (currently about 6.488 billion yuan).

In the business areas of industrial equipment and other products, the related demand for semiconductor exposure equipment, mainly in the field of power equipment, continued to be strong, and the number of sales increased significantly compared with the same period last year. However, affected by fluctuations in the market for FPD exposure equipment, turnover in the sector fell 9.4% year-on-year to 78.8 billion yen (currently about 3.861 billion yuan).

Canon said it expects global geopolitical risks and continuing inflation to lead to downside risks from global monetary tightening in the second half of 2023. On the other hand, the unemployment rate and income situation in the United States and Japan will improve, so the world economy as a whole will show a trend of recovery.

In terms of replaceable mirror digital cameras, there will be a large-scale promotion season in the fourth quarter, and Canon expects the overall market to continue to rise.

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