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Canon Inc. (CAJ) reported fourth quarter net income attributable to company of 53.59 billion yen, an increase of 64.3 percent year-on-year. Fourth quarter net sales were 945.73 billion yen, a decline of 0.8 percent.


RTTNews | Jan 28, 2021 01:43AM EST

01:42 Thursday, January 28, 2021 (RTTNews.com) - Canon Inc. (CAJ) reported fourth quarter net income attributable to company of 53.59 billion yen, an increase of 64.3 percent year-on-year. Fourth quarter net sales were 945.73 billion yen, a decline of 0.8 percent.

For fiscal year, net income attributable to Canon Inc. was 83.32 billion yen, down 33.3 percent. Earnings per share was 79.35 yen compared to 116.77 yen. Net sales were 3.16 trillion yen, a decline of 12.1 percent.

For fiscal 2021, Canon projects full-year consolidated net sales of 3.40 trillion yen, and net income attributable to company of 115.0 billion yen, a year-on-year increaseof 38.0%.

Read the original article on RTTNews ( https://www.rttnews.com/3164133/canon-q4-net-income-rises-issues-fy21-outlook-quick-facts.aspx)

For comments and feedback: contact editorial@rttnews.com

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