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Japan-Update

Surprise camera comeback drives Canon earnings rally

Businesses thought on last legs shine as new growth engines are still warming up

Canon "built a foundation for growth" in new fields in 2017, Executive Vice President Toshizo Tanaka told reporters in Tokyo on Jan. 30.

TOKYO -- An unexpected revival in cameras and multifunction printers provided Canon with its first upturn in full-year net profit in three years, the company said Tuesday, while new segments meant to drive growth have yet to truly contribute to earnings.

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