i-sako.com

A few months ago, I was fretting about changing jobs, mostly because I wasn’t sure if profitability-based bonuses would be enough to offset a reduced monthly salary, particularly in these less-than-stellar economic times. It turns out that my fears were completely unfounded.

TOKYO, Jan 29 (Reuters) - Japan’s Canon Inc said on Thursday that its net profit rose 45 percent in 2003 thanks to healthy demand for office copiers and booming sales of digital cameras and it forecast a fifth straight record profit this year.





Canon posted a consolidated net profit of 275.7 billion yen ($2.60 billion) for calendar year 2003, beating analysts’ consensus estimate of 264.5 billion yen, on revenue of 3.2 trillion yen, up 8.8 percent from the previous year.





Japan’s largest office equipment maker said it expected the good times to keep on rolling, projecting that group net profit would rise another 3.7 percent in 2004 to 286 billion yen.

Wow. I’m certainly looking forward to that June bonus now.