Canon Facing supply shortages

If you've been looking to invest in any new Canon products, we suggest you stock up now. Canon says that the recent earthquake in Japan will affect its consumer products business in New Zealand and Australia."We have advised our retail partners here in New Zealand of the impact on our business and are working closely with them to carefully manage supplies to ensure all our customers' needs are met to the best of our ability," says Mike Johnston, Country Manager of Canon New Zealand.The company released this statement in early April after assessing the extent of the damage:

• There will be product shortages across the entire Canon camera portfolio; including cameras, videos, lenses and parts for camera repairs.
• Canon expects supply shortages will start to impact from around the middle of April and will continue to be felt through the middle of the year and potentially into the third quarter of this year.
• There will be minimal impact on the supply of Canon consumer printing and consumable stocks; therefore only minor supply shortages in the coming months.

"We express our deepest sympathies to those who have experienced loss as a result of this terrible tragedy and will continue to support our colleagues in Japan as they start the rebuilding process," adds Johnston. In response to the disaster, the Canon Group globally has donated 300 million yen ($NZ 4.9 million) for the Japanese Red Cross Society and other aid organisations.