The Nikkei business daily has disclosed that Camera maker Canon Inc plans to meet its sales target of 5 trillion yen ($64.84 billion) in 2015 through diversification into medical equipment and movie cameras.
“The business plan assumes annualized growth of 7 percent, but we will be short of the 5 trillion yen target by about 300 billion yen at the current pace,” Chairman Fujio Mitarai told the Nikkei.
The Nikkei reported that Canon plans to boost annual sales in medical equipment from a little more than 30 billion yen now to 100 billion yen and also intends to focus on new operations, like professional video cameras for shooting movies, a field it will enter this year.
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