[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-204552-105":53,"doc-detail-204552-en":126},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":119,"head_meta":121,"extra_data":123,"updated_unix":125},105,"en","canon-2021-q3-business-performance-update-third-quarter-outlook","Canon 2021 Q3 Business Performance Update - Third-Quarter Outlook","","Third-quarter results review outlines how rising COVID-19 cases driven by the Delta variant affected supply chains, semiconductor part shortages, and production stoppages under Southeast Asia lockdowns. It reports firm product demand but sales missing targets, offset by pricing adjustments and an improved product mix that kept profits near plan. Segment performance covers Printing, Imaging, Medical, and Industrial & Others, plus currency impacts, cost and expense movements. Guidance for Q4 and full-year net sales, operating profit, and net income reflects recovery efforts and ongoing parts procurement actions.",{"@graph":63,"@context":118},[64,80,101],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":11,"@type":70,"position":76},"https://docshare.wps.com/template/presentations/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/canon-2021-q3-business-performance-update-third-quarter-outlook/204552/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/canon-2021-q3-business-performance-update-third-quarter-outlook/204552.png","ImageObject",442,249,{"name":88,"@type":89},"Alex Sinclair","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-10-21","2026-09-05",true,{"@type":98,"interactionType":99,"userInteractionCount":30},"InteractionCounter",{"@type":100},"ViewAction",{"@type":102,"mainEntity":103},"FAQPage",[104,110,114],{"name":105,"@type":106,"acceptedAnswer":107},"What were the main causes of sales underperformance in the quarter?","Question",{"text":108,"@type":109},"Global supply constraints, especially semiconductor and parts shortages, plus stalled production due to strict lockdown measures in Southeast Asia, reduced supply despite generally firm demand.","Answer",{"name":111,"@type":106,"acceptedAnswer":112},"How did the company manage profitability despite supply disruptions?",{"text":113,"@type":109},"Management adjusted pricing, worked to improve product mix, and improved gross profit ratio, enabling profits to remain near target even without reaching the sales plan.",{"name":115,"@type":106,"acceptedAnswer":116},"What guidance assumptions and projections were provided for the fourth quarter and full year?",{"text":117,"@type":109},"The document assumes exchange rates of 112 yen per USD and 130 yen per euro, expects operating profit to reflect higher parts procurement costs, and projects full-year net sales of 3.6 trillion yen and net income of 201 billion yen.","https://schema.org",{"og:url":78,"og:type":120,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":122,"canonical":78},"index,follow",{"doc_id":124,"site_id":56},204552,1790999649,{"code":4,"msg":5,"data":127},{"doc_id":124,"user_id":128,"nickname":88,"user_avatar":129,"doc_module":9,"category_id":8,"category_name":11,"doc_title":59,"doc_description":61,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":30,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":135,"language":136,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":137,"faqs":138,"seo_title":139,"seo_description":61,"update_tm":140,"read_time":141},1099523882182,"https://ap-avatar.wpscdn.com/davatar_6f874abed73319feea01a86fa6f0fab8","Looking at the state of global affairs in the third quarter, we see that the number of new COVID-19 cases was on the rise again due to global spread of the Delta variant. However, as more and more people become vaccinated and economic activity returned to normal in many countries, we did not see any major change in corporate capital investment or consumer spending. From a supply standpoint, our supply chain was seriously impacted by the shortage of semiconductors and other parts, and production activities were stalled due to strict lockdown measures in Southeast Asia.  \nFor Canon as well, actual demand for products around the world was generally firm, but the supply side was inevitably affected by a shortage of parts and a decline in the utilization rate of manufacturing subsidiaries due to COVID-19 . As a result, we did not reach our sales plan. However, profits were almost on target as we judged the situation and made adjustments to pricing as well as strived to improve product mix.  \nCompared with the previous year, sales increased by 9.8% to 833.3 billion yen, as all four business units posted positive growth. As a result of the improvement in our gross profit ratio, mainly due to the reasons highlighted earlier, operating profit improved significantly to 58.7 billion yen, more than 3 times higher than the previous year, and net income was 49.3 billion yen, close to 3 times higher than the previous year. In summary, significant improvement in our business performance enabled us to achieve our fourth consecutive quarter of year-on-year sales and profit growth.  \nAs for Printing, due to suspended production in Southeast Asia, our hardware sales were generally lower than expected. As for the demand for hardware, it continues to steadily recover as an increasing number of people gradually return to the office. As for print volume, which is basically recovering, sales of consumables that were not impacted by supply shortages were in line with our plan. As a result, overall profitability remained at a high level that was in line with the first half.  \nAs for Imaging, the EOS R5 and EOS R6, which are highly competitive products, have maintained strong sales and have become the driving force behind business results, even one year after their launch. Amid challenging conditions surrounding parts procurement, we focused on the production and supply of high-end products and lenses, which enabled us to secure a double-digit profit ratio.  \nAs for Medical, though sales were below our plan due to the significant impact of supply shortage, sales and profits increased compared with the previous year thanks to sales increase, particularly in Japan.  \nIn Industrial & Others, demand for semiconductor lithography equipment continued to be strong, and the installation of FPD lithography equipment and OLED vacuum deposition equipment progressed steadily. As a result, we posted a significant increase in sales. However, profit decreased due to a concentrated level of upfront investment in the third quarter to create new businesses.  \nAs for exchange rates, the overall impact was positive as the yen depreciated against both the U. S. dollar and euro.  \nAs for sales volume, although printing hardware revenue declined, service and consumable sales increased significantly, contributing to increased profit.  \nAs for cost reduction, costs actually increased due to tight demand for parts such as semiconductors and resin materials.  \nAs for expenses, due to a recovery in sales from last year, expenses that correlate closely with sales as well as those related to development, particularly those of new businesses, increased.  \nOur exchange rate assumptions for the fourth quarter are 112 yen to the U. S. dollar and 130 yen to the euro.  \nThough the world economy continues to recover, the IMF, earlier this month, slightly loweredits economic outlook, which remained at a high level, to reflect prolonged confusion in the supply chain, caused by COVID-19 cases ","cbCaidFA9XPt5kPO","https://ap.wps.com/l/cbCaidFA9XPt5kPO","pdf",4149948,27,"English","# Third-Quarter Economic and Supply Overview\n## COVID-19 and Supply Chain Constraints\n# Company Results and Profit Drivers\n## Sales vs. Plan and Pricing/Product Mix\n# Segment Highlights\n## Printing\n## Imaging\n## Medical\n## Industrial & Others\n# Currency, Costs, and Expenses\n## Exchange Rate Effects\n## Cost Reduction and Expense Changes\n# Outlook and Projections\n## Q4 Assumptions and Full-Year Guidance\n## Operating Profit and Income Expectations","[{\"question\":\"What were the main causes of sales underperformance in the quarter?\",\"answer\":\"Global supply constraints, especially semiconductor and parts shortages, plus stalled production due to strict lockdown measures in Southeast Asia, reduced supply despite generally firm demand.\"},{\"question\":\"How did the company manage profitability despite supply disruptions?\",\"answer\":\"Management adjusted pricing, worked to improve product mix, and improved gross profit ratio, enabling profits to remain near target even without reaching the sales plan.\"},{\"question\":\"What guidance assumptions and projections were provided for the fourth quarter and full year?\",\"answer\":\"The document assumes exchange rates of 112 yen per USD and 130 yen per euro, expects operating profit to reflect higher parts procurement costs, and projects full-year net sales of 3.6 trillion yen and net income of 201 billion yen.\"}]","Canon 2021 Q3 Business Performance Update - Third-Quarter Outlook | PDF",1788574083,9]