Canon Marketing Japan Inc. Investor RelationsFinancial InformationFinancial Highlights

Results for 1Q 2019 (from January 1 to March 31, 2019)

Looking back on the Japanese economy during the first three months of the fiscal year under review, although business sentiment centering on the manufacturing industry worsened, corporate capital investment continued the growth seen last year, led by investment in IT. Meanwhile, consumer sentiment remained weak given ongoing uncertainty over the future.

In this economic environment, IT Solutions grew for small and medium enterprises as well as for large companies, although net sales of digital SLR cameras and industrial equipment decreased. As a result, net sales grew slightly to 150.930 billion yen (up 0.1% year on year).
On the profit side, thanks to an increase in gross profit resulting from net sales growth in IT Solutions and cost cutting, operating income came to 7.016 billion yen (up 88.8% year on year), ordinary income was 7.251 billion yen (up 76.8% year on year), and profit attributable to owners of parent was 4.780 billion yen (up 89.0% year on year).

Full-year forecasts for the fiscal year ending December 31, 2019

Looking ahead to the fiscal year ending December 31, 2019, the Japanese economy is expected to remain on a moderate recovery path, although there are some weak spots. However, the situation will remain uncertain, given the effects on the domestic economy of trade issues, overseas uncertainties in terms of the economy and fluctuations in financial and capital markets, as well as the anticipated consumption tax hike.

In this environment, there is no change to the Canon Marketing Japan Group’s consolidated earnings forecasts for the fiscal year ending December 31, 2019, which were announced on January 29.

Net Income
622,000 million yen (up 0.1% year on year)
Operating Income
29,500 million yen (up 1.9% year on year)
Ordinary Income
30,700 million yen (up 0.6% year on year)
Profit attributable to owners of parent
20,900 million yen (up 0.4% 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.