- Canon’s operating income forecast for the fiscal year is 519.00 billion yen, surpassing the estimate of 493.59 billion yen.
- The company expects a net income of 364.00 billion yen, which is higher than the estimated 341.75 billion yen.
- Projected net sales for Canon are 4.74 trillion yen, exceeding the estimate of 4.61 trillion yen.
- Canon anticipates a dividend of 160.00 yen, slightly below the estimated 163.33 yen.
- In the fourth quarter, Canon reported an operating loss of 16.88 billion yen, whereas a profit of 150.62 billion yen was expected.
- The net loss for the fourth quarter came in at 58.54 billion yen, with an initial estimate of a 104.55 billion yen profit.
- Canon’s net sales for the fourth quarter were 1.27 trillion yen, just under the estimated 1.29 trillion yen.
- For the year 2024, Canon’s R&D expenses reached 337.35 billion yen, slightly above the expected 335.33 billion yen.
- Analyst ratings for Canon include 5 buys, 10 holds, and 0 sells.
A look at Canon Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Canon Inc. is positioned for a positive long-term outlook based on the Smartkarma Smart Scores. With solid scores across various factors such as Dividend and Growth, the company appears to be in a strong position for sustained performance. Canon’s focus on innovation and resilience in the market further adds to its attractiveness for investors.
As a professional and consumer imaging solutions company with a wide range of products including cameras, camcorders, and computer peripherals, Canon Inc. showcases a diverse portfolio that contributes to its favorable Momentum score. Overall, the company’s balanced scores indicate a promising future, making it a potential candidate for long-term investment strategies.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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