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TOKYO — TOKYO — Canon Inc. (CAJPY) on Wednesday reported first-quarter net income of $403.7 million.

The Tokyo-based company said it had net income of 41 cents per share.

The office machine company posted revenue of $6.66 billion in the period.

Canon shares have risen 12% since the beginning of the year. The stock has risen 30% in the last 12 months.

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