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Japan's canon inc sales drop again to adjust revenue targets - LED Tunnel Light by ewrt wrtgnfh





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Japan's canon inc sales drop again to adjust revenue targets - LED Tunnel Light by
Article Posted: 06/30/2011
Article Views: 64
Articles Written: 1452
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Japan's canon inc sales drop again to adjust revenue targets - LED Tunnel Light


 
Business,Business News,Business Opportunities
Recently, media sources said, Japan's Canon Inc. by the global economic downturn, the 2008 profit may fall 12%, therefore, conducted a global strategic adjustment of Canon, is one of China as global strategic focus.

This, Canon (China) Co., Ltd. Public Relations Manager Xu Qian to the "China Times" reporter said that after the Japanese high-level verification, no global strategy to identify and adjust, "the overall development strategy has not changed."

She also emphasized that China attaches great importance to the region is Canon's market, but has not reached the same status as the U.S. market. At present, Canon sales in China of about 3% of total revenue, Europe and the United States total about 60%. Sales fell 1.9%

It is understood that the strategic adjustment of Canon guess cause the source of Japan's "Sankei Shimbun", according to the report by the U.S. financial crisis, Canon lowered profit expectations for 2008 profit fell nearly 12%. Xu Qian said

introduced, in fact, Canon has not made such a forecast, "a grim world, Canon also be adjusted, but not to the strategic level." Canon, the world situation, what kind of impact will, she refused comment.

Canon announced profits down in first quarter earnings report, finance reported, as the global economic slowdown, the yen appreciation of the impact of the end of the years sustained sales and profit growth. A quarter of digital camera sales fell 1.6% year on year, operating profit dropped 24.5%, and from 4.72 trillion yen sales target adjusted to 4.57 trillion yen from 520 billion yen net profit adjusted to 500 000 000 000 Day element.

And Canon's second-quarter earnings to adjust again, the sales target from 4.57 trillion yen from 4.59 trillion yen to mention, a slight increase of 20 billion yen. Relative to the original 4.72 trillion yen, down 130 billion yen. In addition, the second quarter, overall sales of 1.105 trillion yen, down 1.9% year on year last year.

Canon in the second quarter earnings forecast that "the future business environment will become more severe." Meanwhile, although the United States and Europe slowing demand for office equipment, Canon optimistic about the expected end of the year will be entering a recovery phase. Meanwhile, the Canon focus of China, Russia, the emerging markets of Asia. In the second quarter, including China, the Asia-Pacific growth rate of 6.4%.

"Canon in the second quarter callback action, in fact, was the U.S. subprime mortgage crisis in the rapid recovery of optimism. But three quarters of view, the crisis deepened, not weakened." Liu Buchen, Chinese appliance expert told reporters, Canon 80% of revenue depend on the international market, the U.S. market continues to slump, sales of the Canon enormous pressure this year. He predicted that Canon might again reduce the annual revenue.

Liu Buchen, also believes that lowering expectations is the Canon and the common actions of other global enterprises.

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