Canon Inc. reported a 6% increase in net profit in Q4, rising to ¥68.1 billion ($577.8 million) from ¥64.2 billion ($544.7 million) a year earlier on turnover that was flat at ¥1 trillion ($8.5 billion). For the year, Canon’s net profit was 10.5% higher year on year at ¥254.8 billion ($2.1 billion) from ¥230.5 billion ($1.9 billion) in the previous year, while turnover was flat at ¥3.7 trillion ($31.4 billion).
