Canon takes a financial hit after the disaster in Japan

By PR admin | Published: April 26, 2011

Canon profit droped 2% in Q1 of 2011 as a result of the disaster in Japan. Both profit and camera sales forecasts were cut for 2011. Canon's supply chain is severely disrupted and is "months away from being fixed". Canon is the first major photography company to report its financial results after the earthquake in Japan. Expect similar report form other camera manufacturers.

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