
Nikkei (translated) reports that Canon revised upward their earnings forecast for the fiscal year ending December 2020 due to strong cameras sales in China:
We already knew that Olympus Imaging’s cumulative operating losses during the last twelve years totaled ¥103bn. That’s $1.2bn. Last week Olympus published their consolidated financial results for the second quarter of FY2021 (July – September 2020). Included in this reporting is the forecast of the FY2021 loss from the soon to be divested Imaging Business, now considered […]