Canon's Year end report

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GeraldW
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Canon's Year end report
9 months ago

Canon Rumors has an article on this.  Overall, the company looks very sound.  They have something over $7.5 billion in cash or cash equivalents as an operating reserve.

Overall, sales and profits are up a little over 2012.

For us photography folk, it's sobering that their Imaging Products division is only 37.9% of the corporate total.  They don't say what part of that is consumer cameras, and what part are professional and video.  But it's safe to say that consumer cameras are a lot less than 37.9%.  It's still a lot of money, some $13.8 billion, and a significant part of the corporate income; but it's the tail of the dog not the body.

They don't talk a lot about the breakdown of the camera business (not one single word about mirrorless); but do say that DSLR's continue to do well, as do some segments of the fixed lens camera business, mainly in superzooms like the SX50HS and SX510 that are mentioned specifically, and upscale fixed lens models (I'd assume G1X, G15/16, and the S series).  They do acknowledge that smartphones are eating away the low end - they are quite specific about that.

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Jerry

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