Canon publicly discusses the US tariffs: "we will raise prices"

Image: Canon "We will raise prices and are in the process of estimating the timing and amount of the increase," said Canon, when asked about the impact of tariffs in the US. The response came to questions from analysts at the company's Q1 financials announcement, with it becoming the first major manufacturer to publically discuss the impact with its investors. The company reduced its sales forecast for its camera business by ¥25.2BN ($177.4M) to ¥1,011BN ($7.1BN, a reduction of 2.4%), for the ...