Canon has reported for the last quarter of 2016 and the year as a whole

Canon has published a report, which contains data for the fourth quarter of 2016 and the year in General.

Key quarterly figures were less than a year ago. More specifically, income declined 7.4%, while operating margin is 25.1%. However, more interesting are the figures for the year as a whole.

For 2016 Canon has received an income 29,323 billion. This is 10.5% more than was received in 2015. Operating profit for the year amounted to approximately 1,973 billion dollars, which is 35.6% more than in 2015, and net profit after tax for the year grew by 31.6% to 1,299 billion.

If we consider the work of individual areas, income units Office Business Unit for the year decreased by 14.4%, operating profit was 41.7%. The drafters of the report noted a steady demand for office color MFPs while reducing sales of monochrome models.

The income of the unit Imaging System Business Unit, which produces cameras for the year decreased 13.3%, operating profit was 21.3%. While sales of cameras with interchangeable lenses have increased, but sales of compact cameras and inkjet photo printers continued to decline.

Unit Industry and Others Business Unit, which produces lithographic equipment for the semiconductor industry, was able to increase its income by 11.4%.

The value of all assets Canon as of the end of the year amounted to 44,298 billion, which is 16.1% more than a year ago.

Source: Canon



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