Canon cut its consolidated earnings forecast for the fiscal year ending December 2026 by ¥34 billion from its previous announcement to ¥4.766 trillion. Production delays in the medical equipment business and PCB shortages are weighing on revenue.
Canon announced that it had cut its consolidated revenue forecast for the fiscal year ending December 2026 by ¥34 billion from its previous announcement to ¥4.766 trillion. Although it is maintaining 0.先計 growth from the previous fiscal year, the outlook was revised downward due to multiple factors.
The impact of production delays in the medical equipment business has expanded from approximately ¥45 billion to approximately ¥90 billion in terms of revenue. Senior Managing Executive Officer Minoru Asada (浅田稔) explained that, in addition to problems updating the production system, difficulties procuring components due to AI demand had also had an impact.
By business segment for the full year, downward revisions were made in segments other than the medical equipment business, while the printing business, which includes multifunction printers and commercial printing equipment, was revised upward. The expansion of the product lineup may have contributed.
Overall, production is expected to return to normal from the April-June 2027 quarter onward. Although PCB shortages and higher raw material costs are expected to ease, the timing of the recovery is expected to vary depending on future supply and demand trends.