Canon Inc. manufactures and sells office multifunction devices (MFDs), plain paper copying machines, laser and inkjet printers, cameras, diagnostic equipment, and lithography equipment. The company operates through four segments: Office Business Unit, Imaging System Business Unit, Medical System Business Unit, and Industry and Others Business Unit. The Office Business Unit segment offers office MFDs, printers, and copying machines for personal and office use; production print products for print professionals; and laser multifunction and laser printers, digital continuous feed presses, digital sheet-fed presses, wide-format printers, and document solutions, as well as software, services, and solutions. The Imaging System Business Unit segment provides interchangeable-lens digital cameras, digital compact cameras, interchangeable lenses, compact photo printers, inkjet printers, large format inkjet printers, commercial photo printers, image scanners, and calculators. The Medical System Business Unit segment offers digital radiography systems, diagnostic X-ray systems, computed tomography systems, magnetic resonance imaging systems, diagnostic ultrasound systems, clinical chemistry analyzers, and ophthalmic equipment. The Industry and Others Business Unit segment provides semiconductor lithography equipment, flat panel display lithography equipment, vacuum thin-film deposition equipment, organic light-emitting diode panel manufacturing equipment, die bonders, network cameras, digital camcorders, digital cinema cameras, multimedia projectors, broadcast equipment, micromotors, handy terminals, and document scanners. The company also provides maintenance services; and supplies replacement drums, parts, toners, and papers. It sells its products under the Canon brand through subsidiaries or independent distributors to dealers and retail outlets, as well as directly to end-users globally. Canon Inc. was founded in 1933 and is headquartered in Tokyo, Japan.
IPO Year:
Exchange: NYSE
Website: global.canon
Date | Price Target | Rating | Analyst |
---|---|---|---|
5/25/2023 | Neutral → Buy | BofA Securities | |
10/7/2021 | Neutral → Overweight | JP Morgan |
NEWPORT NEWS, Va., June 7, 2021 /PRNewswire/ -- Canon Virginia, Inc. (CVI) and Canon Environmental Technologies, Inc. (CETI) president and chief executive officer Mr. Toru Nishizawa is retiring effective June 30, 2021 after 41 years with Canon. Mr. Shingo Shigeta will serve as President and CEO of the companies upon Mr. Nishizawa's retirement. Mr. Nishizawa began his career with Canon in 1980 upon graduation from the Tokyo Institute of Technology with a degree in management engineering. Five years into his career, he was assigned to Canon Giessen in Germany and during the next thirty-six years, served in a variety of leadership roles in both Europe and Japan. Since serving as President and C
BofA Securities upgraded Canon from Neutral to Buy
JP Morgan upgraded Canon from Neutral to Overweight
Mizuho downgraded Canon from Buy to Neutral
6-K - CANON INC (0000016988) (Filer)
6-K - CANON INC (0000016988) (Filer)
6-K - CANON INC (0000016988) (Filer)
6-K - CANON INC (0000016988) (Filer)
6-K - CANON INC (0000016988) (Filer)
6-K - CANON INC (0000016988) (Filer)
6-K - CANON INC (0000016988) (Filer)
6-K - CANON INC (0000016988) (Filer)
6-K - CANON INC (0000016988) (Filer)
6-K - CANON INC (0000016988) (Filer)
Newport News, Virginia, Oct. 05, 2023 (GLOBE NEWSWIRE) -- Canon Virginia, Inc. (CVI) is excited to announce their attendance at the Global Produce & Floral Show, October 19 - 21, 2023, booth #3421 at the Anaheim Convention Center in California. CVI, in collaboration with Sterilumen, a subsidiary of Applied UV, Inc. (NasdaqCM: AUVI), will be displaying Sterilumen's Airocide® Pro+, indoor air purification system designed in part with the assistance of CVI's Design For Manufacturing Services, in addition to other products and technologies. Applied UV first announced CVI as the primary manufacturer, assembler and logistical provider for their suite of air purification solutions in Fall 2022
GREENWICH, Conn., Sept. 07, 2023 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE:GXO), the world's largest pure-play contract logistics provider, announced today that it has extended its agreement with Canon U.S.A., Inc., a global leader in digital imaging solutions. "We're delighted to extend our agreement with Canon U.S.A., Inc., an outstanding customer we've been working with since 2006," said Bill Fraine, Chief Commercial Officer, GXO. "In an environment where businesses focus on service, cost and productivity, this long-term renewal affirms GXO's role as a strategic partner driving industry-leading logistics solutions. We're looking forward to continuing our successful relationship wit
Melville, NY, July 19, 2023 (GLOBE NEWSWIRE) -- Canon U.S.A. Inc., a leader in digital imaging solutions, today announced that 3M has recognized the remarkable quality of the Colorado M-series and includes its UVgel 460 white ink (which is an optional upgrade*) for approval in their 3M™ MCS™ Warranty program. This approval shows that 3M believes applications printed on the Colorado M-series in combination with the UVgel 460 and 3M's approved media can achieve high quality standards. Applications covered by the 3M MCS Warranty include vehicle graphics, signs and displays, floor graphics, as well as transparent film and multilayer applications such as window graphics and many others. To qu
Melville, NY, July 11, 2023 (GLOBE NEWSWIRE) -- Fostering growth, exchanging knowledge, and strengthening the collective expertise of the industry, Canon U.S.A. Inc., a leader in digital imaging solutions, concluded its highly anticipated Canon Summit. The Canon Summit events, held from May 9-11, 2023 in Las Vegas, and June 19-21, 2023 in Nashville, brought together Canon's dealer community for an immersive experience focused on innovation, collaboration and the future of printing solutions. "By bringing the dealers' frontline talent together under one roof, we create a powerful environment for learning, collaboration, and networking," said Shinichi "Sam" Yoshida, executive vice presiden
Melville, NY, July 06, 2023 (GLOBE NEWSWIRE) -- Canon U.S.A., Inc., a leader in digital imaging solutions, is pleased to announce executive vice president and general manager Seymour Liebman's inclusion on the Long Island Press PowerList for the 11th consecutive year. Schneps Media, which publishes the Long Island Press, named the most influential movers and shakers on the Island to its PowerList, with Liebman once again earning recognition as a key part of Long Island's innovation economy. The Long Island Press PowerList, in its 20th year overall, honors some of Long Island's most influential leaders in business, politics, education, healthcare and non-profits. The honorees were recog
New York, NY, July 05, 2023 (GLOBE NEWSWIRE) -- Canon Business Process Services, a wholly owned subsidiary of Canon U.S.A., Inc., announces two executive appointments that took effect July 1. These new appointments strengthen Canon's position as a managed services provider focused on building innovative solutions that enable digital transformation and growth. Peter Kowalczuk has been appointed as chairman and CEO of Canon Business Process Services, in conjunction with his current position as president of Canon Solutions America. With decades of industry experience, Mr. Kowalczuk will help evolve Canon Business Process Services' status as an acknowledged outsourcing industry leader. "
MELVILLE, NY, July 05, 2023 (GLOBE NEWSWIRE) -- Canon U.S.A., Inc., a leader in digital imaging solutions, is proud to announce executive appointments and promotions that took effect July 1. These new appointments fortify Canon's commitment to elevating its employees and placing them in positions to succeed. Canon U.S.A., Inc. Executive Appointments for July 1, 2023 include: Brian Mahar -- promoted to senior vice president and general manager, Imaging Technologies & Communications Group. He has now been appointed to the executive leadership team, and will also serve as chairman of Canon Information Technology Services. Peter Kowalczuk -- appointed as chairman and CEO, Canon Busine
Melville, NY, June 29, 2023 (GLOBE NEWSWIRE) -- Canon U.S.A., Inc. today announced that its parent company, Canon Inc., has reached two major production milestones—a cumulative total of 110 million1 EOS Series interchangeable-lens cameras in March and a cumulative total of 160 million2 RF/EF series interchangeable lenses in May. An EOS R6 Mark II Camera (released in December 2022) was the 110 millionth EOS series camera produced, while an RF100mm F2.8 L MACRO IS USM (released in July 2021) became the Company's 160 millionth interchangeable lens produced. Canon's production of EOS Series cameras reaches 110 million mark through its pursuit of "Speed, Comfort and High Image Quality"EOS,
Melville, NY, June 05, 2023 (GLOBE NEWSWIRE) -- Canon U.S.A., Inc., a leader in digital imaging solutions, today announced that its parent company, Canon Inc., has published the Canon Sustainability Report 2023 via the company's official website, in order to provide its various stakeholders with an understanding of its sustainability-oriented initiatives. The Canon Sustainability Report 2023 (English edition) is available here: https://global.canon/en/csr/report/index.html As standards for disclosing sustainability-related information continue to evolve, this year's Sustainability Report follows the International Global Reporting Initiative (GRI) guidelines revised in 2021, listing majo
Melville, NY, June 01, 2023 (GLOBE NEWSWIRE) -- Canon U.S.A., Inc., a leader in digital imaging solutions, today announced that its parent company, Canon Inc., has published the Canon Integrated Report 2023 (English Edition) on its corporate website. The report is designed to help investors, shareholders and other stakeholders achieve a greater understanding of Canon. The Canon Integrated Report 2023 (English Edition): https://global.canon/en/ir/library/integrated.html. Formerly included in the Canon Sustainability Report, which covered a wide range of topics such as Canon's business performance, financial situation, and environmental, social, and corporate governance (ESG), the Canon
Canon (NYSE:CAJ) reported quarterly earnings of $0.72 per share which beat the analyst consensus estimate of $0.68 by 5.88 percent. This is a 53.19 percent increase over earnings of $0.47 per share from the same period last year. The company reported quarterly sales of $10.49 billion which beat the analyst consensus estimate of $9.23 billion by 13.64 percent. This is a 36.01 percent increase over sales of $7.71 billion the same period last year.
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Canon (NYSE:CAJ) is set to give its latest quarterly earnings report on Monday, 2023-01-30. Here's what investors need to know before the announcement. Analysts estimate that Canon will report an earnings per share (EPS) of $0.66. Canon bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Past Earnings Performance Last quarter the company missed EPS by $0.09, which was followed by a 0.28% increase in the share price the next day. Her
Applied UV Inc (NASDAQ:AUVI), a pathogen elimination technology company, has signed a strategic manufacturing and related services agreement with Canon Virginia Inc (CVI), a wholly-owned subsidiary of Canon Inc's (NYSE:CAJ) Canon U.S.A, Inc. The financial terms of the arrangement, which marks the first of a series of anticipated agreements, were not disclosed. The agreement establishes CVI's status as the primary manufacturer, assembler, and logistical authority for Applied UV's suite of air purification solutions. The manufacturing agreement will enable the company to leverage the resources of CVI's two million-square-foot state-of-the-art engineering, manufacturing and distribution fa
Canon U.S.A. Inc., a leader in digital imaging solutions, in collaboration with TEKLYNX International, the global leader in barcode label and RFID software, today announced the development of new TEKLYNX native printer drivers for Canon's on-demand color label printer lineup. These drivers are compatible with Canon's LX-D1300, LX-D5500, and LX-P1300 label printers. With TEKLYNX barcode and label design software, and the new drivers, these Canon label printers are designed to help produce a high volume of labels for production use, speed up the label design process, and allow users to easily create unique, eye-popping, and colorful labels. "Canon's collaboration with TEKLYNX demonstrates our
ASML Holding N.V. (NASDAQ:ASML) updated its view on demand outlook, capacity plans, and business model at the Investor Day meeting. ASML expects 2025 annual revenue between approximately €30 billion - €40 billion with a gross margin between 54% - 56%. ASML sees 2030 annual revenue between approximately €44 billion - €60 billion, with a gross margin between about 56% - 60%. Also Read: ASML Clocks 10% Net Sales Growth Aided By Strong Net Bookings ASML plans to buy back shares up to €12.0 billion, including up to 2 million shares for employee share plans. ASML plans to increase ITS annual capacity to 90 EUV and 600 DUV systems (2025-2026) while also ramping High-NA EUV capacity to 20 sy
Introducing the Texas LT/X2 Precision Print System by DigiTech MELVILLE, N.Y., Oct. 31, 2022 /PRNewswire/ -- Canon U.S.A. Inc., a leader in digital imaging solutions, today announced a new sales and distribution partnership with DigiTech, a graphics equipment manufacturer, based in San Antonio Texas, with servicing capabilities for numerous industries from small businesses to Fortune 500 companies. Canon Solutions America, Inc., a wholly owned subsidiary of Canon U.S.A., Inc. will be a U.S. distributor for the Texas LT/X2 high-end flatbed device, a model adapted for use and sale by Canon. It's a powerful digital printing device designed for large-capacity jobs with speeds exceeding 3,000