Canon Plans to Cut Costs and Increase Prices in Response to US Tariffs

Canon Plans to Cut Costs and Increase Prices in Response to US Tariffs

Canon recently released its second quarter and first half financial results for the fiscal year 2025, and the news is mostly good in Canon's imaging segment. However, Canon faces significant challenges concerning U.S. tariff policy.

Canon says it could raise prices in the US again because of tariffs

Image: Canon Canon has already raised prices of its equipment for US customers once because of tariffs, and now, it has shared that another increase could be on the way. The company recently released its second-quarter and first-half financial results for the 2025 fiscal year, and in those materials, it discussed how the US tariffs impacted the brand. In the Q&A session with investors, Canon said that the impact of increased costs would be betwe…