Canon is one of the world’s leading manufacturers of office multifunction
devices (“MFDs”), plain paper copying machines, laser printers,
inkjet printers, cameras and lithography equipment.
Canon sells its products principally under the Canon brand name and through
sales subsidiaries. Each of these subsidiaries is responsible for marketing
and distribution to retail dealers in an assigned territory.
Canon’s strategy is to develop innovative, high value-added products
incorporating advanced technologies.
Canon’s research and development activities range from basic research
to product-oriented research directed at maintaining and increasing Canon’s
technological leadership in the marketplace.
Canon will work to realize the optimized global allocation of its production
assets based on changes in local conditions in each country. Canon has manufacturing
subsidiaries in a variety of countries, including the United States, Germany,
France, the Netherlands, Taiwan, China, Malaysia, Thailand, Vietnam and the
Philippines.
As a concerned member of the world community, Canon emphasizes recycling and
has increased its use of clean energy sources and cleaner manufacturing processes.
Canon has also launched programs to collect and recycle used Canon cartridges
and to refurbish used Canon copying machines. In addition, Canon has removed
virtually all environmentally unfriendly chemicals from its manufacturing processes.
Canon operates its business in three segments: the “Office Business Unit,”
the “Imaging System Business Unit” and the “Industry and Others
Business Unit”.
Canon manufactures, markets and services a full range of MFDs, printers, copying
machines for personal and office use and production print products for print
professionals. Canon also delivers added value to customers through software,
services and solutions. Canon’s offerings cater to a broad market from
Small Office Home Office (“SOHO”), and Small and Midsize Business
(“SMB”) to large enterprises and professional graphic arts companies.
Canon manufactures and markets digital cameras and digital video camcorders,
as well as lenses and various related accessories.
Canon expanded the imaging domains of EOS by launching four new digital SLR
cameras, including EOS 5DS / EOS 5DS R which achieved the highest resolution
in the history of the EOS, and two new mirrorless cameras EOS M3 and EOS M10.
Moreover, Canon also strengthened its product lineup by adding new storage device
Connect Station CS100 that offers brand new image experiences. These new models
as well as the current models pushed sales and Canon maintained number one market
share in the field of interchangeable lens digital cameras in volume terms in
the major regions, such as the United States, Europe, and Japan. Canon believes
there remains considerable room for future growth through development of new
products based on state-of-the-art technology following the trend of higher
quality picture, small and light weight body and versatile movie / network functions.
In the market for semiconductor lithography equipment, investments by memory
makers have been favorable due to the increase in demand for memory devices,
drawn by the growth of the mobile device market such as smartphones and the
expansion of the cloud server market for Big Data utilization. Moreover, investments
for image sensor production have been performing well, with expectations of
market expansion in on-vehicle cameras and medical devices and network cameras
in addition to mobile devices.