Canon Inc.

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Canon Inc.
Type Publicly-traded
Founded 1937
Founder(s) Goro Yoshida and Saburo Uchida
Headquarters Toyko, Japan
Key people Mr. Fujio Mitarai (Chairman and CEO); Mr. Tsuneji Uchida (Pres, Chief Operating Officer, Director, Chairman of Internal Control Committee, Chairman of Disclosure Committee and Chief Exec. of Image Communication Products Hq)[1]
Industry photographic equipment and supplies
Products digital multifunction devices (MFD), plain paper copying machines, laser beam printers, jet printers, cameras, and steppers and aligners
Revenue 41.68 billion USD[1]
Net income $3.826 billion USD (2006)[2]
Employees 132,184 (full-time)[1]
Divisions Business Machines, Cameras, and Optical and Other Products
Website http://www.canon.com

Company History

Canon began in 1933 as the Precision Optical Instruments Laboratory, founded in Japan by Goro Yoshida and his brother in law, Saburo Uchida, who wished to make cameras which could compete with the German models popular at the time.[3] It incorporated as a joint stock company in 1937, the year after applying for the "Canon" trademark.[4][5] Precision was disbanded after World War II, but in 1947 it was renamed Canon Camera Co., Inc. and its cameras declared "priority exports" by the Japanese government.[6][7]

Historical Financial Information

Business Strategy

According to its website, Canon's philosophy is as follows: "The corporate philosophy of Canon is kyosei. A concise definition of this word would be "Living and working together for the common good," but our definition is broader: "All people, regardless of race, religion or culture, harmoniously living and working together into the future." Unfortunately, the presence of imbalances in our world in such areas as trade, income levels and the environment hinders the achievement of kyosei. Addressing these imbalances is an ongoing mission, and Canon is doing its part by actively pursuing kyosei. Truly global companies must foster good relations, not only with their customers and the communities in which they operate, but also with nations and the environment. They must also bear the responsibility for the impact of their activities on society. For this reason, Canon's goal is to contribute to global prosperity and the well-being of humankind, which will lead to continuing growth and bring the world closer to achieving kyosei."[8]

Political and Public Influence

Political Contributions

Lobbying

Corporate Accountability

Paragraph

Labor

Human Rights

Environment

Consumer Protection and Product Safety

Anti-Trust and Tax Practices

Social Responsibility Initiatives

Canon's Environmental Activities Initiatives

Business Scope

Lines of Business and Major Products Paragraph Units/Subsidiaries


Customers Suppliers Creditors Competitors
Customer 1 Supplier 1 Creditor 1 Competitor 1
Customer 2 Supplier 2 Creditor 2 Competitor 2
Customer 3 Supplier 3 Creditor 3 Competitor 3
Customer 4 Supplier 4 Creditor 4 Competitor 4


Financial Information

Ticker Symbol:CAJ
Main Exchanges:NYSE
Investor Website:http://www.canon.com/ir/index.html

Shareholder % Total Shares held
FMR LLC 0.91%
Fidelity Diversified International 0.74%
Delaware Management Business Trust 0.60%
Lazard Asset Management 0.44%

Largest Shareholders[1]


Canon has operations through the Americas, Europe, Asia, and elsewhere. While the majority of its sales occur in the US and Europe, it employs a majority of its staff in its home country, Japan (see chart below).[9]

Region Revenue Sales (2006) Assets Employees (2006)
Japan Revenue 1 22% Assets 1 43%
Americas Revenue 2 31% Assets 2 9%
Europe Revenue 3 32% Assets 3 9%
Other Areas Revenue 4 15% Assets 4 39%

Governance

Chairman and Chief Exec. Officer

Pres, Chief Operating Officer, Director, Chairman of Internal Control Committee, Chairman of Disclosure Committee and Chief Exec. of Image Communication Products Hq

Chief Financial Officer, Exec. VP, Sr. Managing Director, Group Exec. of Policy & Economy Research HQ

Chief Exec. of Optical Products Operations, Sr. Managing Director

Chief Exec. of Peripheral Products Headquarters, Managing Director


Board of Directors

  • Chairman & CEO: Fujio Mitarai
  • President & COO: Tsuneji Uchida
  • Executive Vice President: Toshizo Tanaka, Group Executive Policy & Economy Research Headquarters
  • Senior Managing Director: Nobuyoshi Tanaka, Group Executive Corporate Intellectual Property & Legal Headquarters
  • Senior Managing Director: Junji Ichikawa, Chief Executive Optical Products Operations
  • Senior Managing Director: Akiyoshi Moroe, Group Executive External Relations Headquarters and Group Executive General Affairs Headquarters
  • Senior Managing Director: Kunio Watanabe, Group Executive Corporate Planning Development Headquarters and Deputy Group Executive Policy & Economy Research Headquarters
  • Managing Director: Yoroku Adachi, President & CEO Canon U.S.A., Inc.
  • Managing Director: Yasuo Mitsuhashi, Chief Executive Peripheral Products Operations
  • Managing Director: Tomonori Iwashita, Group Executive Environment Headquarters and Group Executive

Quality Management Headquarters

  • Managing Director: Masahiro Osawa, Group Executive Finance & Accounting Headquarters
  • Managing Director: Shigeyuki Matsumoto, Group Executive Device Technology Development Headquarters Deputy Group Executive Core Technology Development Headquarters
  • Managing Director: Katsuichi Shimizu, Chief Executive Inkjet Products Operations Managing Director: Ryoichi Bamba
  • President Canon Europa N.V. and President & CEO Canon Europe Ltd. Managing Director: Toshio Homma
  • Chief Executive L Printer Products Operations
  • Managing Director: Masaki Nakaoka, Chief Executive Office Imaging Products Operations
  • Managing Director: Haruhisa Honda, Group Executive Production Engineering Headquarters
  • Director: Shunichi Uzawa, Executive Vice President Canon U.S.A., Inc.
  • Director: Toshiyuki Komatsu, Deputy Group Executive Corporate Planning Development Headquarters
  • Director: Tetsuro Tahara, Group Executive Global Manufacturing & Logistics Headquarters
  • Director: Seijiro Sekine, Group Executive Information & Communication Systems Headquarters
  • Director: Shunji Onda, Group Executive Global Procurement Headquarters
  • Director: Kazunori Fukuma, President & CEO SED Inc.
  • Director: Hideki Ozawa, President & CEO Canon (China) Co.Ltd.
  • Director: Masaya Maeda, Chief Executive Image Communication Products Operations


Contact Information

Canon Inc.
30-2 Shimomaruko 3-chome
Ohta-ku
Tokyo, 146-8501
Japan
Phone: 81 3 3758 2111
Fax: 81 3 5482 5130

Articles and Resources

Books on the Company

Icon Group, Ltd. "CANON INC.: Labor Productivity Benchmarks and International Gap Analysis (Labor Productivity Series)" April 2000.

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Sources

External Resources

External Articles

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