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(Update) Canon Suffers 1st Quarterly Loss amid Pandemic

(Update) Canon Suffers 1st Quarterly Loss amid Pandemic

   Tokyo, July 28 (Jiji Press)--Canon Inc. <7751> on Tuesday reported a group net loss of 8.8 billion yen for April-June due to the fallout from the coronavirus pandemic, suffering the first red figure on a quarterly basis since it started earnings disclosure in 2001.
   The April-June loss came against a profit of 34.5 billion yen in the same period a year before, reflecting sluggish sales of office equipment and other products amid the pandemic.

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