Canon Canon EOS R3 is mentionedįurthermore, the report emphasizes Canon’s business goal of its forthcoming EOS R3. Imaging systemsįor interchangeable-lens digital cameras, unit sales were above those of the same period of the previous year due to strong sales of the EOS R5 and EOS R6 full-frame mirrorless cameras. According to Canon: “For the full year, reflecting the situation surrounding sales in the first quarter, we not only raised our projection for camera unit sales by 100 thousand to 2.9 million but also raised our projection for revenue”.Įxplore the Imaging segment for the deck below: Canon financial report for 1Q 2021. This, and the establishment of efficient online sales activities nurtured through COVID-19 is leading to an improvement in profitability. Additionally, according to the 1Q 2021 report, the synergy effect of having competitive camera bodies and expanding the Canon lineup of RF lenses, which command high margins, led to an increase in average selling prices. In the first quarter, revenue was significantly higher than last year, as sales remained strong, driven by the EOS R5 and EOS R6 which were launched in the second half of last year”. Also, Canon adds that: “We still expect the 2021 camera market to be up slightly or 5.8 million units. Even amid COVIDĬanon states that: “Even amid continued restrictions on people’s movement, demand for cameras remains solid, supported by the need for the high-quality visual expression”. As Canon states: “For interchangeable-lens digital cameras, unit sales were above those of the same period of the previous year due to strong sales of the EOS R5 and EOS R6 full-frame mirrorless cameras”. Canon’s financial report for 1Q 2021, shows a more than 34% increase in camera sales Sales of EOS R5 and R6 are boomingĬanon’s financial report for 1Q 2021, shows a more than 34% increase in camera sales. Thus, Canon declares to further raising market share in the full-frame category. The company’s financial report shows a significant increase in profit due to strong sales of the EOS R5 and EOS R6 full-frame mirrorless cameras. Canon presents excellent results for 1Q 2021.
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