Canon Electronics reports Q3 profit decline despite sales growth

Canon Electronics Inc. reported consolidated net sales of JPY 77,199 million for the nine months ended September 30, 2025, a 6.0% increase year-on-year. Despite this, operating profit decreased by 13.8% to JPY 7,107 million, and ordinary profit fell 10.7% to JPY 6,247 million. Profit attributable to owners of parent also declined by 13.1% to JPY 4,903 million, with basic earnings per share at JPY 119.88. Total assets increased to JPY 144,151 million as of September 30, 2025, up from JPY 141,891 million at December 31, 2024, while net assets rose to JPY 122,955 million.

The company's full-year forecast for 2025 remains unchanged, projecting net sales of JPY 105,000 million, operating profit of JPY 11,000 million, ordinary profit of JPY 10,500 million, and profit attributable to owners of parent of JPY 7,800 million. The dividend forecast includes JPY 35.00 per share for the second quarter-end. Changes in accounting policies due to revisions in accounting standards were noted.