Its shares dropped as much as 14% on the Tokyo Stock Exchange.
On Wednesday, the company predicted a net profit of 250bn yen ($3.2bn; £2bn) for the full year, down from its earlier projection of 290bn yen.
Canon, which relies on overseas sales for as much as 80% of its earnings, has been hurt by slowing global demand.
The firm reported that it made a net profit of 51.7bn yen in the three months to the end of June, a 4% drop from the same period last year.
Source & Image : BBC
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