Canon Marketing Japan Inc. [8060.T]
TOKYO, Apr 22 (Pulse News Wire) – Canon Marketing Japan Inc. (8060.T) reported robust first-quarter results, marking a record high for operating profit, ordinary profit, and net income.
Revenue reached ¥221 billion, up 4.3% from -¥200 million last year, while operating profit surged 54% to ¥186 billion. The company maintained its annual outlook, aiming for six consecutive quarters of revenue and profit growth. In detail, the enterprise segment led the performance with sales increasing to ¥697 billion, driven by strong IT solutions demand. Consumer products saw modest gains despite declines in IT products, achieving ¥321 billion in sales.
Meanwhile, professional services recorded a slight rise to ¥138 billion amid mixed trends across product lines. Looking ahead, Canon Marketing Japan expects continued growth but faces challenges in some segments. The company forecasts overall revenue of ¥600 billion for the fiscal year, maintaining its previous guidance. However, it anticipates reduced profitability due to increased marketing expenses in certain areas.
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