Lowered its earnings forecasts, Canon yen

major precision equipment maker Canon was progressing better than expected appreciation of the yen and declining demand in the emerging economic slowdown for the long term and Office printers revised downward forecast for the whole group in December this year.

60 billion ¥ 250 billion ¥ 3600000000000 ¥ shown its operating income less, according to forecasts this year December quarter announced 26

Canon group as a whole, net sales compared to forecasts announced in January this year to 300 billion yen each issued a downward revision.
Canon initially, compared to the previous year, revenue and profit growth to be expected, but this fix, lower revenue and profit Outlook. Result
this is a further appreciation of the Yen exchange rate for the year $1 = 111 yen and expects about 10 Yen Yen from the previous year and prolonged economic slowdown in emerging countries such as China, sluggish demand for low-priced Office laser printer and digital camera etc.
also has to reflect the Canon has decided to acquire from rehabilitating the "Toshiba", "Toshiba medical systems ' subsidiaries,"yet, when subsidiary because of the ongoing process"and has a subsidiary if the forecasts.

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