Canon reports record Q1 sales, revises full-year outlook

Canon (TSE:7751) announced record first-quarter sales of JPY1,058.4B, a 7.1% increase year-over-year, driven by robust demand in mirrorless cameras, laser printers, and network cameras, although the company subsequently reviewed its full-year business performance forecast. Printing Business Unit sales increased 5.3% to JPY611.0B, Medical Business Unit sales grew 2.3% to JPY137.3B, and Imaging Business Unit sales surged 20.8% to JPY212.1B.