Economic Calendar

Sunday, January 11, 2009

Canon’s Mitarai Calls Holiday Sales, Outlook Weak, Reuters Says

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By Patrick Rial

Jan. 11 (Bloomberg) -- Canon Inc.’s 2008 holiday sales were “disappointing” and the world’s largest maker of digital cameras expects 2009 to be its “worst year,” Chairman Fujio Mitarai said, according to a Reuters report.

“This year must be the worst” for camera sales and the economy, Mitarai said, speaking in Seoul, South Korea, according to the report. Mitarai is also chairman of Keidanren, Japan’s largest business lobby.

To contact the reporter on this story: Patrick Rial in Tokyo at prial@bloomberg.net.




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