Canon Q2 Results See Boost from Yen’s Depreciation but Firm Cuts Forecast for 2013

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On July 24, Canon reported its second-quarter 2013 financial results.While net sales, operating profit, and net income all grew, this was largely the result of the yen’s depreciation. The yen reached a particularly weak point against the dollar and the euro right in the midst of the firm’s fiscal Q2, and the yen’s depreciation boosts

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