Canon Q3 2025 Financial Results – Profit Decline Due To Tarrifs And Less Favorable Product Mix


Canon’s Imaging System Business Unit
(which encompasses interchangeable-lens digital cameras, lenses, compact cameras, and network cameras) delivered robust sales growth in its latest Q3 2025 financial results (July–September 2025), released on October 27, 2025, even as operating profit dipped due to external pressures like U.S. tariffs.

Key Financial Performance

Here’s a breakdown of the unit’s results:

Period Net Sales (¥ billion) YoY Change Operating Profit (¥ billion) YoY Change
Q3 2025 253.6 +5.9% 38.1 -12.6%
9 Months 2025 726.4 +10.1% 108.4 +9.7%

Camera-specific highlights (interchangeable-lens and compact cameras):

  • Q3 sales: ¥152.7 billion (+4.6% YoY)
  • 9 Months sales: ¥632.1 billion (+9.0% YoY)

The profit decline in Q3 stemmed from increased costs from U.S. tariffs and a less favorable product mix.

Performance Drivers (Direct Quotes from the Report)

  • Sales growth fueled by popular models: “In the Imaging Business Unit, sales increased as mirrorless cameras such as the EOS R50 and EOS R50 V, as well as compact digital cameras with increased production capacity, capturing the needs of customers seeking easy and convenient photography.” Network cameras also contributed: “Although some network camera sales shifted to the first half of the year due to boosted demand ahead of U.S. tariff hikes, sales continued to grow in the third quarter, particularly in the U.S.”
  • Overall Q3 summary: “As a result, sales for the third quarter of the Imaging Business Unit increased by 5.9% year-on-year to ¥253.6 billion.”

Outlook and Full-Year Forecast

The division anticipates continued momentum:

“For interchangeable-lens digital cameras, the market is expected to remain strong, driven by high demand for video shooting and strong demand from younger generations. For network cameras, high demand is expected to continue thanks to growth in various areas beyond security applications.”

Full-year 2025 projections:

  • Net sales: ¥1,049.7 billion (+12.0% YoY)
  • Operating profit: ¥163.4 billion (+8.0% YoY)

Overall, the camera division remains a bright spot for Canon amid softer profits elsewhere in the company.


Source: Canon Global Investor Relations – Q3 2025 Financial Results (Released October 27, 2025)

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Canon EOS R6 Mark III Teaser For November 6th Event



Canon released a teaser for an event on November 6th at 1:00 AM EST to announce the Canon EOS R6 Mark III and Canon RF 45mm f/1.2 STM.

Canon EOS R6 III Specs:

  • 32.5-megapixel
  • Dual-Pixel CMOS AF II as the EOS C50
  • 40 fps electronic shutter
  • pre-shooting
  • 7K film gate
  • C-Log-2 and C-Log-3
  • 6.5-stop in-body image stabilization
  • Full-size HDMI port, and
  • LP-E6P battery.
  • $2,899 USD

Canon RF 45mm F1.2 STM full-frame

  • comparable to the Canon EF50mm F1.2L lens
  • supports breathing correction
  • 67mm filter mount
  • lightweight design of 346 grams.

via Photorumors

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New AstrHori 9mm f/2.8 Listed Early


B&H Photo listed the AstrHori 9mm f/2.8 early, and it is likely APS-C since it is also for Fujifilm X mount. There are no details about this lens at this time, but you can preorder one from B&H Photo today.

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Canon RF 45mm f/1.2 STM Details


The Canon RF 45mm f/1.2 STM will be announced in early November alongside the Canon EOS R6 Mark III. Below are some of the details about this lens:

  • lightweight design 346 grams
  • Comparable to the Canon EF50mm F1.2L
  • Supports digital breathing correction
  • 67mm filter interface

via weibo

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ON1 2026 Now Available


ON1 Photo RAW 2026
ON1 PhotoKeyword AI
ON1 Sky Swap AI
ON1 Photo Resizer AI
ON1 NoNoise AI
ON1 Portrait AI
ON1 HDR

ON1 Inc. is excited to announce ON1 Photo RAW 2026, the latest version of its all-in-one RAW photo editor for professionals and enthusiasts. The new release, officially available this fall, delivers next-generation enhancements to three of the most-used editing areas—Resize AI, Masking, and Effects—while also introducing user experience updates, grayscale support, and expanded camera compatibility.

“Photo RAW 2026 isn’t just about adding new features,” said Dan Harlacher, VP of Product at ON1. “It’s about improving the core tools photographers rely on every day and making AI editing more flexible and reliable. From stunning super-resolution to the most accurate masks we’ve ever shipped, this release brings real-world value to every customer.”

Masking Overhaul: More Power, Easier to Use
The biggest masking update since Super Select AI gives photographers more control and speed when selecting and adjusting parts of an image. They can work faster, make more accurate selections, and achieve better results with less effort. The update includes:

  • One-click Subject & Background Masks: Photographers can easily isolate subjects or backgrounds for targeted adjustments.
  • New Mask Layers: Users can stack, combine, or subtract multiple masks for each layer or filter, providing full control without destructive edits.
  • Improved AI Edge Quality: Cleaner edges around hair, branches, and other complex shapes reduce the need for manual touch-ups.

New Effects & Filters: More Creativity, Less Complexity
ON1’s most popular module, Effects, is now easier and faster to use. Four all-new filters have been added, along with workflow improvements that help photographers find their favorites quicker, start with the look they want, and enjoy a smoother editing process from start to finish. The upgrade includes:

  • Depth Lighting: Adjust lighting and color of the foreground and background to emphasize subjects.
  • Split Field: Simulates a split diopter effect to enlarge backgrounds without losing wide-angle foregrounds.
  • Double Exposure: Allows photographers to quickly blend subjects with artistic backgrounds.
  • Motion Filter: Adds realistic camera movement (ICM) after the shot.
  • Favorites and Search in Add Filter Dialog: Customers can tag go-to filters, hide unused ones, and streamline filter selection.
  • Starting Point Presets: Offers options to mimic the look of Adobe® Lightroom® or Capture One®, or to set a personal default stack.

Resize AI 2026 — Now Fully Integrated in Photo RAW 2026
With Photo RAW 2026, Resize AI 2026 is built directly into the core application, giving every customer access to ON1’s most advanced super-resolution technology without needing a separate app or plugin.

Two brand-new AI models headline the integration:

  • 2026 Highest Quality Model – A state-of-the-art generative AI model that recreates fine details, restores sharpness, and removes noise and artifacts from even the smallest or lowest-quality images. Perfect for extreme crops, AI-generated art, or vintage photos that need restoration.
  • 2026 Standard Model – Optimized for speed and batch work, this model still outperforms previous versions when dealing with noisy or compressed input, making it ideal for large projects and older GPUs.

Photographers can now enlarge images, clean up noise, and add creative edits while keeping their workflows fully non-destructive.

“I have used a trial of ON1 Resize 2026 applied to various types of image from portraits to landscape and I am very impressed. Whilst I have used ON1 PhotoRaw for most of my editing since 2018, I have been using Topaz Photo AI for some years specifically for upscaling as the previous version of ON1 Resize introduced odd textured artifacts on smooth surfaces. My tests show this has been eliminated and the newest version of ON1 Resize 2026 BEATS Topaz by a country mile,” says Chris, a happy ON1 customer.

Other New Features and Experience Improvements
Beyond the major upgrades, Photo RAW 2026 includes a range of improvements designed to make editing faster, smoother, and more customizable for photographers. These updates benefit everything from working with older photos to personalizing the workspace. Highlights include:

  • Negative Mode: Ideal for photographers digitizing film negatives with interchangeable lens cameras—automatically inverts and color-corrects scans.
  • Grayscale Support: Native support for editing grayscale images from legacy cameras and scans.
  • UI Improvements: Popular panels can be docked on either side, tool panes floated, and workspaces customized with more control.
  • Improved Perspective Tools: Separate controls for horizontal and vertical keystoning, with automatic scaling to eliminate blank edges.
  • First-Run Experience: A guided onboarding process that helps new users, especially those migrating from other platforms, get started faster.
  • Expanded Camera Support: Sony RX1R III, Alpha 6400A, DSC-RX100M7A, OM System OM-5 II, Fujifilm X-E5, Panasonic Lumix DC-S1IIE, DMC-GX7MK2, DC-G97, DC-ZS99/TZ99, and more.

Price and Availability for This Fall
Customers can pre-order ON1 Photo RAW 2026 today at a special reduced price and begin using Photo RAW 2025 right away, with the upgrade to the 2026 version included at no additional cost when it is released this fall. ON1 Photo RAW 2026 provides a complete standalone photo editor, while the MAX Edition expands functionality by allowing photographers to run Photo RAW and all its tools as plugins inside Photoshop, Lightroom Classic, Apple Photos, Capture One, Affinity Photo, and Corel PaintShop Pro. The MAX Edition is also available through the Photo RAW MAX Subscription and the Everything Plus Subscription, which include future upgrades along with additional ON1 apps. A free 30-day trial will also be available at launch.

For photographers seeking a fast, powerful, and affordable Lightroom alternative with AI photo editing and non-destructive workflows, ON1 Photo RAW 2026 delivers a compelling option.

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Sigma 18-35mm f/1.8 DC HSM EF Discontinued

Sigma 18-35mm F1.8 DC HSM: B&H Photo / Amazon / Adorama

The Sigma 18-35mm f/1.8 DC HSM for EF mount is being listed as discontinued overseas, but there is still stock in the US for now.

  • Camera Kitamura: Discontinued products
  • Map Camera: Discontinued products, in stock
  • Bic Camera: On sale now
  • Yodobashi Camera: Discontinued

via asobinet

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