Wednesday, April 24, 2013

Canon, Nintendo find solace in Abenomics as weaker yen boosts outlook

A man walks on an advertisement of Canon digital cameras at an electronics retail store in Tokyo By Tim Kelly and Mari Saito TOKYO (Reuters) - Super Mario creator Nintendo Co Ltd forecast a return to the black after two years of losses and camera maker Canon Inc raised its profit forecast by nearly 10 percent as a weaker yen, spurred by aggressive deflation-fighting policies, bolstered the outlook of Japan's tech companies. The two companies, however, show no sign of reciprocating the government's helping hand with fresh job-creating investment. Canon, still worried about a struggling global economy, pared its capital expenditure. ...








via Gaming News Headlines - Yahoo! News http://news.yahoo.com/canon-nintendo-solace-abenomics-weaker-yen-boosts-outlook-093500269--finance.html

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