{"id":20887,"date":"2017-01-31T10:50:02","date_gmt":"2017-01-31T10:50:02","guid":{"rendered":"http:\/\/www.biphoo.com\/bipnews\/?p=20887"},"modified":"2017-01-31T10:50:02","modified_gmt":"2017-01-31T10:50:02","slug":"canon-sees-first-profit-gain-three-years-medical-unit-acquisition","status":"publish","type":"post","link":"https:\/\/www.biphoo.com\/bipnews\/technology\/canon-sees-first-profit-gain-three-years-medical-unit-acquisition.html","title":{"rendered":"Canon sees first profit gain in three years after medical unit acquisition"},"content":{"rendered":"<div align=\"Justify\">\n<h2><span style=\"font-size: 18pt;\"><strong><span style=\"font-family: Arial, Helvetica, sans-serif; color: #000000;\">Canon sees first profit gain in three years after medical unit acquisition<\/span><\/strong><\/span><\/h2>\n<p><span style=\"font-size: 14pt; font-family: Arial, Helvetica, sans-serif; color: #000000;\"><strong>Canon sees first profit gain in three years after medical unit acquisition:-<\/strong> Japanese camera and printer maker Canon Inc forecast full-year operating profit to climb 11.4 percent, its first rise in three years, bolstered by earnings from a medical equipment unit it bought from Toshiba Corp last year.<\/span><\/p>\n<p><span style=\"font-size: 14pt; font-family: Arial, Helvetica, sans-serif; color: #000000;\">The $5.8 billion acquisition of the unit, which makes X-ray scanners and eye examination machines, is part of Canon&#8217;s strategy to diversify as demand for its cameras, printers and copier machines wanes amid the spread of smartphones and paperless media.<\/span><\/p>\n<p><span style=\"font-size: 14pt; font-family: Arial, Helvetica, sans-serif; color: #000000;\">The company forecast operating profit to rise to 255 billion yen ($2.3 billion) this year from 228.9 billion in the previous twelve months &#8211; in line with an average analyst estimate of 254 billion yen from 19 analysts surveyed by Thomson Reuters I\/B\/E\/S.<\/span><\/p>\n<p><span style=\"font-size: 14pt; font-family: Arial, Helvetica, sans-serif; color: #000000;\">Fourth-quarter operating profit fell 25.1 percent to 80.2 billion yen from a year earlier, hurt after the yen strengthened following Britain&#8217;s vote in June to leave the European Union.<\/span><\/p>\n<p><span style=\"font-size: 14pt; font-family: Arial, Helvetica, sans-serif; color: #000000;\">That was below a consensus estimate of 88.5 billion yen from four analysts.<\/span><\/p>\n<p><span style=\"font-size: 8pt; font-family: Arial, Helvetica, sans-serif; color: #000000;\">Source:-\u00a0http:\/\/www.reuters.com\/article\/us-canon-results-idUSKBN15F0FR<\/span><\/div>\n<div class=\"fb-background-color\">\n\t\t\t  <div \n\t\t\t  \tclass = \"fb-comments\" \n\t\t\t  \tdata-href = \"https:\/\/www.biphoo.com\/bipnews\/technology\/canon-sees-first-profit-gain-three-years-medical-unit-acquisition.html\"\n\t\t\t  \tdata-numposts = \"10\"\n\t\t\t  \tdata-lazy = \"true\"\n\t\t\t\tdata-colorscheme = \"light\"\n\t\t\t\tdata-order-by = \"social\"\n\t\t\t\tdata-mobile=true>\n\t\t\t  <\/div><\/div>\n\t\t  <style>\n\t\t    .fb-background-color {\n\t\t\t\tbackground: #ffffff !important;\n\t\t\t}\n\t\t\t.fb_iframe_widget_fluid_desktop iframe {\n\t\t\t    width: 630px !important;\n\t\t\t}\n\t\t  <\/style>\n\t\t  ","protected":false},"excerpt":{"rendered":"<p>Canon sees first profit gain in three years after medical unit acquisition Canon sees first profit gain in three years after medical unit acquisition:- Japanese camera and printer maker Canon Inc forecast full-year operating profit to climb 11.4 percent, its first rise in three years, bolstered by earnings from a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":20888,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[11574,12820,11572,11573],"class_list":["post-20887","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-breaking-usa-tech-news","tag-canon-sees-first-profit-gain-in-three-years-after-medical-unit-acquisition","tag-latest-technology-news-usa","tag-tech-news-today"],"_links":{"self":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/20887","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/comments?post=20887"}],"version-history":[{"count":0,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/20887\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media\/20888"}],"wp:attachment":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media?parent=20887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/categories?post=20887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/tags?post=20887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}