Canon to Make More Products in Japan, Company Expected to Miss Forecasts for Full Year

By AI staff on January 9, 2014 News Briefings

According to a January 9 Reuters interview with Canon CEO Fujio Mitarai, Canon is planning on moving more manufacturing capacity to Japan.The Reuters report indicates that Canon expects the yen to further depreciate, so the company will increase the percentage of products in manufactures in Japan from 42 percent to 50 percent over the next

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