Canon Marketing Japan Inc. Investor RelationsFinancial InformationFinancial Highlights

Results for FY2018 (from January 1 to June 30, 2018)

Sales

Looking back on the six-month period from January to June, the Japanese economy remained on a modest recovery path, due mainly to improvements in corporate capital investment, although the recovery in personal consumption stalled in the face of continued stagnant consumer spending and other factors.
The Canon Marketing Japan Group actively focused on areas such as expanding sales of new products and proposing IT and other solutions. However, sales of products such as digital SLR cameras and inkjet printers remained weak and, as a result, net sales were 300,523 million yen (decreased 1.0% compared to the same period a year earlier).

Income

Income fell mainly due to lower sales of products with high profit margins. Details are as shown below.

Operating Income
9,664 million yen (down 11.8% year on year)
Ordinary Income
10,996 million yen (down 7.0% year on year)
Profit attributable to owners of parent
7,436 million yen (down 11.2% year on year)

Full-year forecasts for the fiscal year ending December 31, 2018

Looking ahead to the third quarter onwards of the fiscal year ending December 31, 2018, the Japanese economy is expected to remain on a moderate recovery path amid continued improvement in the employment and income situation. However, the situation will remain unclear given effects on the domestic economy from uncertainties in the global economy and the situation overseas, including trade friction.

Under these circumstances, the Canon Marketing Japan Group will actively propose solutions to customers based on its IT solutions. Moreover, it will expand sales of consumer products by boosting demand through the introduction of new products.

However, Upon revising our forecast annual business performance based on progress up to the second quarter, in addition to a greater than expected slump in the Consumers Segment market, progress in parts of the Professional Segment were slower than initially planned, and we have determined that it will be difficult to make up for this decline over the full year. As a result of these developments, the Canon Marketing Japan Group will revise the earnings forecasts it announced on April 24, 2018.

Net Income
62,500 million yen (down 1% year on year)
Ordinary Income
2,850 million yen (down 6% year on year)
Ordinary Income
3,000 million yen (down 5% year on year)
Profit attributable to owners of parent
2,020 million yen (down 2% 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.