From Nikkei Asian Review:

$1.8bn set aside for 2018 on brisk earnings

TOKYO — Canon will pay back more interest-bearing debt this year to improve its financial standing following the 2016 acquisition of a medical equipment business from Toshiba.

Repayment will double from 2017 levels to around 200 billion yen ($1.79 billion) in light of strong earnings last year, with an aim of whittling down borrowings from parties including Bank of Tokyo-Mitsubishi UFJ. Read the full story

Some of our articles may include affiliate links. If you purchase through these links, we may earn an affiliate commission at no extra cost to you.
Share.

Comments are closed.