Canon Inc. Announces Consolidated Financial Results for Fourth Quarter and Full Year Ended December 31, 2018; provides consolidated earnings guidance for the year ending December 31, 2019
January 30, 2019 at 04:52 pm IST
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Canon Inc. announced consolidated financial results for fourth quarter and full year ended December 31, 2018. For the quarter, the company reported net sales of JPY 1,058,340 million against JPY 1,120,291 million a year ago. Operating profit was JPY 99,578 million against JPY 76,588 million a year ago. Net income was JPY 75,758 million against JPY 59,741 million a year ago.
For the year, the company reported net sales of JPY 3,951,937 million against JPY 4,080,015 million a year ago. Operating profit was JPY 342,952 million against JPY 321,605 million a year ago. Net income was JPY 266,742 million against JPY 255,860 million a year ago. Net income attributable to the company shareholders per basic share was JPY 234.09 against JPY 222.88 a year ago. Net income attributable to the company shareholders per diluted share was JPY 234.08 against JPY 222.88 a year ago.
The company provided consolidated earnings guidance for the year ending December 31, 2019. For the year, the company expects net sale to be JPY 3,900,000 million, operating profit to be JPY 325,000 million, net income attributable to the company to be JPY 240,000 million, net income attributable to the company shareholders per basic share to be JPY 222.27 and net income attributable to the company shareholders per diluted share to be JPY 222.26.
Canon Inc. specializes in the manufacturing and marketing of consumer printing materials and electronic equipment. Net sales break down by family of products as follows:
- printers (54.8%): laser printers, color printers, etc.;
- imaging equipment (19.4%): digital cameras, digital camcorders, inkjet printers, scanners, broadcasting materials, etc.;
- medical equipment (12.4%);
- other (13.4%): mask aligners by projection, industrial equipment, etc.
At the end of 2022, the group had 42 industrial sites located mainly in Japan (29).
Net sales are distributed geographically as follows: Japan (21.5%), Asia and Oceania (21.8%), Americas (31.1%) and Europe (25.6%).
Canon Inc. Announces Consolidated Financial Results for Fourth Quarter and Full Year Ended December 31, 2018; provides consolidated earnings guidance for the year ending December 31, 2019
CANON INC. 
