https://www.cnbc.com/2019/04/17/canon-shares-fall-on-report-that-company-plans-to-cut-earnings-guidance.html

Shares of Canon fell 2.5% on Wednesday after revelations that the company is expected to downgrade its earnings guidance for 2019, according to a new report by Nikkei.

Nikkei reported that Canon's operating profit is likely to fall short of the current forecast by about 50 billion yen ($447 million) as consumers opt for smartphone cameras over digital cameras.