Canon Reports Stabilized Printing Business in FY2025

Canon reported fiscal 2025 results showing a second consecutive year of record revenue, as a stabilization in its printing business and growth in commercial printing helped offset continued weakness in office equipment demand and pressure from U.S. tariffs.

For the year ended December 2025, Canon generated net sales of JPY 4.62 trillion (USD 30.0 billion), representing a 2.5% increase from the prior year. Operating profit rose 2.4% to JPY 455.4 billion (USD 3.0 billion), with the operating margin holding broadly steady.

The Printing Group recorded full-year revenue of JPY 2.49 trillion (USD 16.2 billion) down 1.1% year on year. The company said customers continued to delay capital spending on office and laser printing equipment amid economic uncertainty, particularly in Europe and parts of Asia. However, this decline was partially offset by steady demand in commercial printing and growing adoption of Canon’s new imageFORCE series of office multifunction devices, which the company positioned as a key driver for future upgrades.

Canon noted that hardware volumes in office printing remained under pressure, while consumables demand was comparatively resilient, supported by its installed base. Management also highlighted cost controls and pricing measures as helping to cushion the impact of tariffs and logistics costs on printing profitability.

In the fourth quarter, total company revenue increased 3.8% to JPY 1.32 trillion (USD 8.6 billion), with printing performance improving sequentially as commercial printing shipments picked up toward the end of the year.

Looking ahead, Canon forecast fiscal 2026 net sales of JPY 4.765 trillion (USD 31.0 billion) and operating profit of JPY 479.0 billion (USD 3.1 billion). For the printing business, the company said it expects a gradual recovery in office demand alongside continued expansion in commercial printing, while remaining cautious about global economic conditions and trade-related costs.

Source: RTMWorld

Covered By: Imaging Solution / Canon

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