Canon Marketing Japan Q1 sales rise, profit declines

Canon Marketing Japan (TSE:8060) announced its first-quarter results for the fiscal year ending December 2025, reporting a 6.4% year-on-year increase in revenue to JPY 167.32 billion. While sales were boosted by strong performances in IT solutions and consumer segments, operating profit decreased by 4.6% to JPY 13.17 billion, and net profit attributable to the parent company fell by 7.5% to JPY 8.81 billion. The company attributes the profit decline to increased selling, general and administrative expenses, including amortization costs associated with the acquisition of PrimaGest Co., Ltd. Canon Marketing Japan maintains its full-year forecast, projecting sales of JPY 680 billion and net profit of JPY 39.5 billion. A year-end dividend of JPY 150 per share is expected.