4. Canon (CAJ), through its subsidiaries, manufactures and sells network digital multifunction devices, plain paper copying machines, laser printers, inkjet printers, and cameras under the Canon brand in the Americas, Europe and Asia.
During fourth quarter of 2010, net revenue and operating profit increased 12% and 13.5%, respectively, on a constant currency basis. Performance improved for full-year 2010 with net revenue and operating profit increasing 15.5% and 25%, respectively.
Going forward, the company intends to expand its market share by reinforcing sales capabilities. For 2011, the company expects sales to grow at 10% and net profit at 20%, respectively.The proportion of debt in terms of total assets declined in the last few years. In 2006, the debt/total assets proportion was 0.7% compared to 0.3% in 2010. Financial ratios like return-on-equity and return-on-assets stood at 9.2% and 6.3%, respectively, double that seen in 2009.
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