Canon Marketing Japan Inc. Investor Relations

Financial Highlights

Results for 2Q of FY2022 (from January 1 to June 30, 2022)

During the period from January to June of the fiscal year under review, the Japanese economy continued to show signs of picking up as the severe impact of COVID-19 was mitigated. Consumer spending, particularly service consumption in the travel and restaurant industries, recovered. Corporate capital spending showed signs of recovery, reflecting improvements in overseas economies and the normalization of domestic economic and social activities. In particular, appetite for IT investment in manufacturing and financial businesses is high and remains strong. Meanwhile, some companies are showing weakness due to supply constraints such as semiconductor shortages and disruptions in supply chains, as well as the increase of raw material prices attributable to the affairs of Ukraine, among other factors.

In these situations, the Group recorded net sales of 289,873 million yen (up 5.4% year on year), reflecting rises in sales from SI services and security-related products and services against the backdrop of active corporate IT investment, and higher sales of semiconductor manufacturing-related equipment in particular on the back of aggressive investment by domestic semiconductor manufacturers.
Looking at profit, operating income was 27,832 million yen (up 35.2% year on year), ordinary income was 28,414 million yen (up 32.0% year on year), and net income attributable to owners of parent was 19,372 million yen (up 28.7% year on year), mainly reflecting an increase in the weighting of high value-added products and services, particularly in the IT Solutions business of the Enterprise segment.

Full-year forecasts for the fiscal year ending December 31,2022

The Group has revised its net sales, operating income, ordinary income, and Net income attributable to owners of parent forecasts for FY2022, taking into consideration a number of factors including the solid sales of EOS R System mirrorless cameras and interchangeable lenses in the Consumers segment, high value- added IT solutions in the Enterprise segment and Area segment, and industrial equipment in the Professional segment in the first six months.

Net sales 590.0 billion yen (up 6.9% year on year)
Operating Income 46.0 billion yen (up 15.9% year on year)
Ordinary Income 47.0 billion yen (up 14.4% year on year)
Net income attributable to owners of parent 32.0 billion yen (up 8.8% year on year)

About the earnings forecasts and future prospects on this website

The earnings forecasts and future prospects on this website reflect the Company's assumptions based on information available at the time of announcement. Please note that they may differ significantly from the actual results due to changes in many different factors.