Canon sales up 13 percent in second quarter, boosts forecasts

Digital camera and printer sales boosted Canon Inc.'s earnings 29 percent in the second quarter. The Tokyo, Japan, company improved its second-quarter net profit to ¥105.9 billion, from ¥82.2 billion from the same period a year ago. Earnings were helped by a stronger dollar.

Sales grew 13 percent to ¥1.03 trillion. Digital camera and camcorder sales were up 21 percent to ¥460.3 billion.

The company boosted its profit outlook to ¥440 billion, compared to ¥432 billion yen.