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Canon gains on Japanese stock market

Wednesday 25 April, 2007

In news which may be of interest to users of Canon laser toner cartridges and printers, such as the Canon Pixma MP600 and the Canon LaserShot LBP-5000, shares in Canon have performed well on Japan's stock market during trading today.

Despite an overall decrease on Japan's Nikkei 225 index of nearly one per cent during trading this morning (April 25th), shares in Canon rose by 1.2 per cent following an announcement yesterday that quarterly operating profits have risen by 22 per cent.

"Canon's earnings were good so I think we can have good expectations for makers of digital cameras," said Hideyuki Suzuki, an investment information manager at SBI Securities.

"There have been positives," he added.

The rise in profits for Canon has been attributed to increases in demand for products such as digital cameras, copiers and laser printers, which may be of interest to users of Canon printer cartridges and Epson printer cartridges.

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