Tonernews.com, September 15, 2006. USA
Canon to top net profit estimates
September 2006 — Tokyo (JPN): Canon expects to report a 16 percent rise in annual net profit to ¥445 billion yen ($3.78 billion), according to the Japanese business paper, Nihon Keizai. The company will beat consensus estimates of ¥439.1 billion by ¥5 billion. The expected rise is attributed to an increase in sales driven by demand for multi-function copiers.