The Information Technology 100
In May, Canon launched a splashy U.S. television ad campaign featuring Wimbledon champion and pop icon Maria Sharapova to peddle its PowerShot digital camera line-up and raise its brand image among sports-minded women. But in the tech world, the $30 billion Canon is already known as a world-class competitor in digital cameras, printers, scanners, and computer peripherals, as well as an innovation machine.
Coming off record profits in 2004, Canon's first quarter results were just as stellar. Earnings shot up 10.4%, to $870 million, on a 6% gain in sales, to $7.88 billion, thanks to robust sales of its laser beam and inkjet printing product offerings and its newly-introduced EOS Digital Rebel XT camera, one of the lightest and smallest in its class.
|Return on Equity||15.9%|
|Industry||COMPUTERS AND PERIPHERALS|
|CORPORATE WEB SITE|
All figures are for the most recent available 12 months.
* Latest available data for the 12-month period ended Dec. 31, Jan. 31, Feb. 29, Mar. 31, or Apr. 30. For companies that do not report quarterly, the most recent annual data were used.
Data provided by Standard & Poor's Compustat, BusinessWeek
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Canon Inc. manufactures plain-paper copying machines, digital multifunction devices, laser beam printers, inkjet printers, cameras, and steppers worldwide. The company’s product group includes business machines, cameras, and optical and other products. The business machines product group is divided into three sub-groups: office imaging products, computer peripherals, and business information systems. The company offers its products under the Canon brand name. It offers its products in Japan, United States, Germany, France, Taiwan, China, Malaysia, Thailand and Vietnam, and Korea. Canon was founded and incorporated in 1937, and is headquartered in Tokyo.
No. of Employees
Fujio Mitarai joined Canon Inc. in April 1961. Mr. Mitarai served as President of Canon U.S.A. Inc., a subsidiary of Canon Inc. since January 1979, and served as Canon Inc.'s Director since March 1981, and served as Managing Director since March 1985, and served as In charge of HQ Administration since January 1989, and served as Senior Managing Director since March 1989, and served as Executive Vice President since March 1993, and has been President and Chief Executive Officer since September 1995.