Canon Inc (CAJFF) Q2 2026 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Canon Inc..

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.251 -- 00:00:05.633 Hello, everyone. I am Hatsumi Hirokawa. 00:00:05.633 -- 00:00:12.616 Thank you very much for joining the results presentation meeting, despite your busy schedules. 00:00:12.737 -- 00:00:18.899 Now we will explain the results for the second quarter of 2026 and the forecasts. 00:00:18.899 -- 00:00:22.961 We will proceed according to the order of this agenda. 00:00:22.961 -- 00:00:28.538 On the third page, I will review the key points of the second quarter results. 00:00:28.538 -- 00:00:33.640 In the second quarter, sales rose and income declined year on year, but 00:00:33.640 -- 00:00:38.742 operating income was around the same level as the second quarter of the previous year, 00:00:38.742 -- 00:00:43.823 when we set a record high. Both sales and income were largely in line with 00:00:43.823 -- 00:00:46.338 our internal forecasts. 00:00:46.338 -- 00:00:51.381 Additionally, despite a reactionary fall from PC replacement demand due to 00:00:51.381 -- 00:00:56.584 the end of support for Windows 10, we managed to remain on an upward trend, 00:00:56.584 -- 00:01:02.668 with sales up 10% year on year in SI solutions and 8% in service outsourcing, 00:01:02.668 -- 00:01:07.758 while total sales in IT solutions rose 3% year on year. 00:01:07.758 -- 00:01:12.781 In light of this progress, we have upwardly revised our full year forecasts for 00:01:12.781 -- 00:01:18.285 operating income by 3.0 billion yen, ordinary income by 3.3 00:01:18.285 -- 00:01:23.188 billion yen, and net income by 2.0 billion yen. 00:01:23.188 -- 00:01:27.971 We will aim for year-on-year increases in sales and income coupled with new record highs 00:01:27.971 -- 00:01:33.135 for the sixth consecutive year. Next, I would like to highlight a key 00:01:33.135 -- 00:01:39.68...