Olympus net profit rises on solid sales of medical products

Article Abstract:

Olympus Optical Co. posted a net profit for the fiscal year ending March 31, 2001. The company posted 11.79 billion yen (108.41 million euros) in net profits for the year, compared to 1.86 billion yen in 2000.

Olympus Optical Company Ltd.

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Canon boosts pretax profit 2.2% on strong sales in U.S., Europe

Article Abstract:

Canon Inc. announced a 2.2% improvement in its parent pretax profits for the 1998 year. The company benefitted from its strong sales in the US and Europe. The sales offset Canon's weakness in the Asian region. However, the company is predicting that it will see a major decline in its pretax profits in the 1999 year. Fluctuations in currency and growing competitiveness in the US and European markets are expected to hurt Canon's performance.

Comment:

Announces 2.2% improvement in its parent pretax profits for the 1998 year

Canon Inc.

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Nikon posts loss in year, but sees profits ahead

Article Abstract:

Nikon Corp. reported a 9.87 billion yen ($80.4 million) net loss for the year ending in March 1999. However, the company did predict that it would see a profit for the 1999 year. Nikon is expecting to see an improvement in its semiconductor production equipment business. Analysts are expecting sluggish capital spending by semiconductor manufacturers around the world. This would make Nikon's return to profitability more difficult.

Comment:

Reports 9.87 billion yen ($80.4 million) net loss for year ending March 1999

Nikon Corp.

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