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Japan-Update

Canon to raise ordinary dividend for fiscal 2018

Earnings recover as digital cameras, other mainstays improve

New ventures, such as in medical technology and OLED components, are a critical part of Canon's business portfolio.

TOKYO -- Canon  plans to lift its regular dividend for fiscal 2018 by 10 yen per share over current-year projections to 160 yen as core businesses bottom out and earnings rebound. 

The regular dividend for the current year ending December is expected to be 150 yen. A 10-yen commemorative dividend in honor of the company's 80th anniversary will be added on for a full-year total of 160 yen. 

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