Affected by Trump's tariffs, Canon cut its profit forecast for this year and lowered its sales target for semiconductor lithography equipment. Its stock price plummeted after hearing the news today. According to the quotation from Yahoo Finance,...
Affected by Trump's tariffs, Canon cut its profit forecast for this year and lowered its sales target for semiconductor lithography equipment. Its stock price plummeted after hearing the news today.
According to the quotation from Yahoo Finance, as of 9:25 a.m. Taipei time on the 28th, Canon fell 4.32% to 4,451 yen.
Canon A press release announcing financial results after the Japanese stock market closed on the 27th pointed out that due to the depreciation of the yen and the increase in sales of digital cameras and other products, the consolidated revenue target for this year (January to December 2025) has been revised upward from the original estimate of 4.6 trillion yen to 4.616 billion yen (an annual increase of 2. .4%), but due to the impact of the U.S. Trump administration’s tariff policies, the consolidated profit target was revised down from 460 billion yen to 451 billion yen (an annual increase of 1.4%), and the consolidated net profit target was also revised down from 330 billion yen to 325.5 billion yen (an annual increase of 0.1%).
According to Japanese media reports, Canon's general manager Minoru Asada said at an online press conference on the 27th that "the impact of tariffs is not only in the United States, but also overlaps with geopolitical risks and extends to other regions such as Europe."
Canon has lowered its semiconductor lithography equipment sales target for this year from the original estimate of 255 units to 241 units, which will increase by 3% from the previous year (233 units).
Canon has maintained its global sales target for digital cameras this year at the original estimate of 3 million units, which will increase by 6% annually (2.84 million units in 2024).
Canon also announced its financial report for the last quarter (July-September 2025): consolidated revenue increased by 2.3% year-on-year to 1,104.3 billion yen, consolidated operating profit decreased by 10.3% to 88 billion yen, and consolidated net profit decreased by 7.4% to 63.7 billion yen.
(Source: Canon)
Canon’s semiconductor lithography equipment sales in the last quarter were 54 units, an increase of 5 units from the same period last year (49 units); digital camera sales increased by 1% to 730,000 units.
