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4-Traders Homepage  >  Equities  >  Tokyo  >  Canon Inc    7751   JP3242800005

CANON INC (7751)
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Canon : announces conclusion of dispute with Printperfect Ltd.

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11/13/2017 | 08:04am CEST

TOKYO, November 13, 2017-Canon Inc. and Printperfect Ltd., trading as 'Perfect Print', as well as its managing directors agreed to resolve their pending patent dispute by signing a settlement agreement. Printperfect Ltd. inter alia accepted a preliminary injunction (docket no. 4a O 56/17) of the District Court Düsseldorf based on the infringement of the German portion of Canon's European Patent EP 2 087 407 B1 as a final and binding solution between the parties. Furthermore, with respect to the English part of EP 2 087 407 B1, Printperfect Ltd. has agreed to refrain from offering, putting into circulation and/or importing and/or owning laser toner cartridges comprising a drum unit with a certain coupling member for use in various models of HP and/or Canon laser beam printers in Great Britain. Further details of the settlement agreement are confidential.

Canon Inc. published this content on 13 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 13 November 2017 07:03:02 UTC.

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Financials ( JPY)
Sales 2018 4 198 B
EBIT 2018 -
Net income 2018 282 B
Finance 2018 294 B
Yield 2018 4,40%
P/E ratio 2018 14,60
P/E ratio 2019 14,58
EV / Sales 2018 1,10x
EV / Sales 2019 1,07x
Capitalization 4 926 B
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Mean consensus HOLD
Number of Analysts 17
Average target price 4 024  JPY
Spread / Average Target 9,0%
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Managers
NameTitle
Fujio Mitarai Chairman & Chief Executive Officer
Masaya Maeda President, COO & Representative Director
Toshizo Tanaka CFO, Representative Director, VP & GM-Personnel
Shigeyuki Matsumoto Representative Director & Chief Technology Officer
Toshio Homma Representative Director & Vice President
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