Canon lowered its forecast for current-year pre-tax profit from its previous forecast and reduced its full-year outlook. Although it secured higher profit year on year in 3Q, its outlook for the second half was lowered.
On 27 October, Canon announced its results and cut its full-year pre-tax profit forecast for the fiscal year ending December 2026 from ¥492.0 billion to ¥483.0 billion, a downward revision of 1.8%. Accordingly, its second-half forecast was changed from ¥239.9 billion to ¥230.9 billion, a 3.8% reduction, and the expected full-year profit growth rate was reduced from 2.1% to 0.2%.
Meanwhile, actual results for the latest 3Q period, July–September, showed pre-tax profit of ¥106.3 billion, up 15.8% year on year, while the operating margin on sales improved from 8.0% to 8.4%. The earnings report presents figures based on U.S. GAAP.
The earnings forecast revision was announced together with the second-half plan for the current fiscal year, showing the differences between the previous and revised plans. Second-half sales were changed from ¥2,491,458 million to ¥2,525,458 million, and revised figures including earnings per share were also reviewed.