Canon Posts Double-Digit Sales and Profit Growth in Q1 2023 but Printing Profits Prove Elusive


On April 26, Canon Inc. reported its financial results for the first quarter of fiscal 2023. The company’s growth streak continued, marking a strong start to the year following the company’s upbeat performance in FY 2022 (see “Canon Sees Sales and Profits Grow in Q4 and FY 2022”). In Q1 2023, Canon’s net sales, operating

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