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Canon Electronics Inc. ( (JP:7739) ) has issued an update.
Canon Electronics Inc. reported its consolidated financial results for the first quarter ending March 31, 2025, showing an increase in net sales by 8.1% to ¥24,278 million. However, the profit attributable to owners of the parent decreased by 19.1% to ¥1,579 million, indicating challenges in maintaining profitability despite increased sales. The company maintained a stable financial position with a capital adequacy ratio of 85.7%. The forecast for the fiscal year ending December 31, 2025, indicates a modest growth in net sales and profits, reflecting cautious optimism in the face of an uncertain business environment.
More about Canon Electronics Inc.
Canon Electronics Inc. is a company listed on the Tokyo Stock Exchange, primarily operating in the electronics industry. The company is known for its development and manufacturing of electronic products, with a focus on innovation and market expansion.
YTD Price Performance: -7.89%
Average Trading Volume: 78,498
Technical Sentiment Signal: Sell
Current Market Cap: Yen90.1B
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