CANON INC.
FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
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For the month of |
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August |
, 2007 |
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CANON INC.
(Translation of registrants name into English)
30-2, Shimomaruko 3-Chome, Ohta-ku, Tokyo 146-8501, Japan
(Address of principal executive offices)
[Indicate by check mark whether the registrant files or will file annual reports under cover
Form 20-F or Form 40-F.
[Indicate by check mark whether the registrant by furnishing the information contained in this
Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under
the Securities Exchange Act of 1934.
[If Yes is marked, indicate below the file number assigned to the registrant in connection
with Rule 12g3-2(b):82-________
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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CANON INC. |
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(Registrant) |
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Date August 29, 2007 |
By |
/s/ Hiroshi Kawashimo |
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(Signature)* |
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Hiroshi Kawashimo Deputy Senior General Manager Global Finance Center Canon Inc. |
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*Print the name and title of the signing officer under his signature.
The following materials are included.
1. |
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Notice Regarding Revised Financial Forecast for Subsidiary Argo 21 Corporation |
August 28, 2007
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Canon Inc.
Chairman & CEO: Fujio Mitarai
Securities code: 7751
[First Section of Tokyo and other Stock Exchanges]
Inquiries:
Masahiro
Osawa
Managing Director & Group Executive,
Finance & Accounting Headquarters
+81-3-3758-2111
Canon
Marketing Japan Inc.
President & CEO: Haruo Murase
Securities code: 8060
[First Section of Tokyo Stock Exchanges]
Inquiries:
Yoshiyuki
Matsusaka
Senior General Manager
Communications Headquarters
+81-3-6719-9093 |
Notice Regarding Revised Financial Forecast for Subsidiary Argo 21 Corporation
Canon Inc. and its subsidiary Canon Marketing Japan, Inc. announced today that Argo 21
Corporation (Securities code: 4692, listed on the first section of the Tokyo Stock Exchange), a
subsidiary, has revised its non-consolidated financial forecast for fiscal year 2008 (April 1, 2007
to March 31, 2007) for the interim and full year, announced on July 20, 2007, as follows in the
attached notice.
There is no change to the consolidated financial forecasts for Canon Inc. and Canon Marketing Japan
Inc., due to this revision.
This notice contains forward-looking statements with respect to future
results, performance and achievements that are subject to risk and
uncertainties and reflect managements views and assumptions formed by
available information. All statements other than statements of historical fact
are statements that could be considered forward-looking statements. When used
in this document, words such as anticipate, believe, estimate, expect,
intend, may, plan, project or should and similar expressions, as they
relate to Canon, are intended to identify forward-looking statements. Many
factors could cause the actual results, performance or achievements of Canon to
be materially different from any future results, performance or achievements
that may be expressed or implied by such forward-looking statements, including,
among others, changes in general economic and business conditions, changes in
currency exchange rates and interest rates, introduction of competing products
by other companies, lack of acceptance of new products or services by Canons
targeted customers, inability to meet efficiency and cost-reduction objectives,
changes in business strategy and various other factors, both referenced and not
referenced in this notice. A detailed description of these and other risk
factors is included in Canons annual report on Form 20-F, which is on file
with the United States Securities and Exchange Commission. Should one or more
of these risks or uncertainties materialize, or should underlying assumptions
prove incorrect, actual results may vary materially from those described
herein. Canon does not intend or assume any obligation to update these
forward-looking statements.
August 28, 2007
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Argo 21 Corporation
President & CEO: Kiyochika Ota
Securities code: 4692
[First Section of Tokyo Stock Exchanges]
Inquiries:
Kazuo
Nemoto
Director
+81-3-5548-4863 |
Notice Regarding Revised Interim and Full Year Financial Forecast for Fiscal Year 2008
(April 1, 2007 to March 31, 2007)
Argo 21 Corporation (the Company) has revised its non-consolidated financial forecast for
fiscal year 2008 (April 1, 2007 to March 31, 2007) for the interim and full year, announced on July
20, 2007, as follows.
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Revised Non-Consolidated Financial Forecast for Interim Period (April 1, 2007 to September 30, 2007) |
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(Units: millions of yen, %) |
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Net Sales |
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Operating income |
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Ordinary income |
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Net income |
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Previous forecast (A) |
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10,200 |
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560 |
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700 |
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390 |
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Current forecast (B) |
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10,200 |
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560 |
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700 |
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3,320 |
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Change in amount (B-A) |
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2,930 |
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Change (%) |
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751.3% |
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(For reference) Results for interim period ending September 30, 2006 |
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9,074 |
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251 |
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395 |
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451 |
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Reasons for Revision to Non-Consolidated Financial Forecast for Interim Period |
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The Company raised its non-consolidated financial forecast for interim period net income by
2,930 million yen to 3,320 million yen, due to factors such as, a gain on sales of stock in an
affiliate and taxation on deemed dividends, reflecting completion of the sale under
subscription to a tender offer launched by Argo |
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Graphic Inc. (Securities code: 7595, Headquarters: Chuo-ku, Tokyo, President & CEO: Yoshimaro
Fujisawa) to purchase its own shares. |
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Taking into consideration differences in the book value of this investment on a
non-consolidated and consolidated basis, and determining that the amount of impact on
consolidated net income was not significant, there is now revision to the consolidated
financial forecast of the Company for the interim period, announced on July 20, 2007. |
3. |
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Non-Consolidated Financial Forecast for the Fiscal Year
(April 1, 2007 to March 31, 2008) |
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(Units: millions of yen, %) |
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Net Sales |
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Operating income |
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Ordinary income |
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Net income |
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Previous forecast (A) |
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21,800 |
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1,560 |
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1,700 |
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850 |
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Current forecast (B) |
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21,800 |
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1,560 |
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1,700 |
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3,780 |
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Change in amount (B-A) |
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2,930 |
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Change (%) |
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344.7% |
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(For reference) Previous years results |
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19,302 |
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1,222 |
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1,366 |
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764 |
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4. |
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Reasons for Revision to Non-Consolidated Financial Forecast for the Fiscal Year |
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The Company revised its non-consolidated financial forecast for the fiscal year by the same
amount, to reflect the revised amount for interim period, mentioned above. |
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The Company did not revise its consolidated financial forecast for the fiscal year, announced
on July 20, 2007, for the same reason as for the interim period. |
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Note:
The forecasts provided above are based on information that was available as of the date of this
announcement. Accordingly, actual results may differ from these forecasts due to various future
factors. |