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    7751   JP3242800005

CANON INC.

(7751)
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Canon : Temporary suspension of operations at Canon Inc. headquarters and certain offices

04/06/2020 | 06:18am EST

TOKYO, April 6, 2020-The novel coronavirus (COVID-19) continues to rapidly spread throughout Tokyo and other large urban areas. Amid this situation, our highest priorities are to protect the health of our employees and their families, neighboring families and businesses, as well as customers and business partners, and to help prevent the spread of the novel coronavirus. Therefore, Canon Inc. announces that the following offices will temporarily suspend operations from Tuesday, April 7 through Friday, April 17.

■ Offices to be closed

・Company Headquarters: 30-2, Shimomaruko 3-chome, Ohta-ku, Tokyo 146-8501, Japan
・Kawasaki Office: 70-1 Yanagicho, Saiwai-ku, Kawasaki, Kanagawa 212-8602, Japan
・Kosugi Office: 9-1, Imaikami-cho, Nakahara-ku, Kawasaki, Kanagawa 211-8501, Japan
・Tamagawa Office: 16-1, Shimonoge 3-chome, Takatsu-ku, Kawasaki, Kanagawa 213-8512, Japan
・Yako office: 451, Tsukagoshi 3-chome, Saiwai-ku, Kawasaki, Kanagawa 212-8530, Japan

This temporary suspension of operations has been enacted for reasons of health and safety, and to help prevent the spread of the novel coronavirus. There have been no infections among employees at any of the above offices.

We sincerely apologize for any difficulties caused to our customers and business partners as a result of this decision, and greatly appreciate your understanding.

We will continue to respond to the changing situation, maintaining as our highest priorities the protection the health of our employees and their families, neighboring families and businesses, customers and business partners, and to help prevent the spread of the novel coronavirus. We will review and revise our response as the situation evolves.

Disclaimer

Canon Inc. published this content on 06 April 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 April 2020 10:17:04 UTC


ę Publicnow 2020
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Financials
Sales 2021 3 563 B 31 543 M 31 543 M
Net income 2021 204 B 1 806 M 1 806 M
Net cash 2021 86 225 M 763 M 763 M
P/E ratio 2021 13,0x
Yield 2021 3,82%
Capitalization 2 658 B 23 531 M 23 530 M
EV / Sales 2021 0,72x
EV / Sales 2022 0,68x
Nbr of Employees 181 897
Free-Float 76,0%
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Technical analysis trends CANON INC.
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Mean consensus HOLD
Number of Analysts 16
Last Close Price 2 541,50 JPY
Average target price 2 891,33 JPY
Spread / Average Target 13,8%
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Managers and Directors
Fujio Mitarai Chairman, President & Chief Executive Officer
Toshizo Tanaka CFO, Representative Director & Vice President
Toshio Homma Representative Director & Chief Technology Officer
Yoichi Iwabuchi GM-Information & Communication Systems
Shunsuke Inoue General Manager-Research & Development
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