Flash | 27 Jul 2026 08:44:07 ET │ 10 pages Canon (7751.T) Q2 negative - results significantly ahead of consensus on unplanned refund income but details lackluster CITI'S TAKE Despite the earnings beat, full-year guidance is effectively a downward revision. We view this as negative for the stock price (briefing materials). Q2 OP reached ¥159.2bn, up 35% YoY, but excluding the ¥58.0bn customs refund (unplanned), results were roughly in line with consensus. Canon says that imaging performed well overall and th ...