Canon Group releases 2021 financial report

According to Canon's official news, today, Canon Group released its 2021 annual financial report. According to the financial report, Canon Group's turnover in 2021 will increase by 11.2% year-on-year to 3,513.357 billion yen, and its net profit will increase by 157.7%, showing strong growth.

In terms of interchangeable-lens digital cameras, the sales of full-frame micro-cameras EOS R5 and EOS R6 continued to be strong, and the overall sales were flat during the same period last year. At the same time, sales of RF lenses continued to grow significantly due to the strengthening of the product line. In terms of network cameras, although the epidemic has brought a certain impact, in addition to the original security and disaster monitoring needs, there has been an increase in diversified market needs such as monitoring crowd density, thus achieving increased revenue. This segment recorded a strong growth of 20.7% in revenue for the year compared to the same period last year to 653.5 billion yen .

In the medical business field, although the supply of semiconductor components and the continuous expansion of the epidemic have affected sales activities and product installation and delivery in some regions, hospital outpatient services and testing have basically returned to normal, so sales are good. In Japan, Canon has seized the business opportunity of government-supported medical institutions, and the market demand in North America has gradually recovered, so the sales of CT equipment and ultrasonic diagnostic equipment have also achieved growth. This segment's turnover for the year increased by 10.2% compared to the same period last year to 480.4 billion yen.

Canon said that in terms of interchangeable-lens digital cameras, due to the increased market demand for high-quality image performance, sales are expected to increase compared to last year.

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