Sunday, January 11, 2009

Canon had slow holiday sales, sees rough 2009 | Reuters

Canon had slow holiday sales, sees rough 2009 | Reuters: "SEOUL (Reuters) - The chairman of Canon Inc (7751.T), the world's largest digital camera maker, said on Sunday the company's year-end holiday sales were 'disappointing' and expected a difficult 2009 as an economic downturn hits consumer demand.
'We had very big influence from the deteriorated economic situation. Unfortunately we are not an exception,' Chairman Fujio Mitarai told Reuters on the sideline of a business meeting in Seoul.
'(Holiday sale) was disappointing but this is happening all over the world.' he said on the sidelines of a meeting hosted by South Korean business associations."

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