Canon Inc.
Overview
Canon is a multinational corporation specializing in the manufacture of imaging and optical products, including cameras, camcorders, photocopiers, steppers, computer printers, and medical equipment. It is headquartered in Tokyo, Japan.
History
Canon Inc. was founded on 10 August 1937 in Tokyo, Japan by Takeshi Mitarai, Goro Yoshida, Saburo Uchida, and Takeo Maeda. The company was initially named Precision Optical Instruments Laboratory. The founders aimed to produce high-quality cameras that could compete with the German models dominating the market at the time.
Products and Services
Canon's range of products includes digital and film SLR cameras, lenses, video camcorders, digital compact cameras, instant cameras, image scanners, printers, and a variety of accessories. The company also provides a range of services related to its products, including repair and maintenance, software solutions, and professional printing services.
Research and Development
Canon places a high emphasis on research and development (R&D), investing heavily in this area to drive innovation and maintain a competitive edge in the market. The company's R&D efforts are focused on areas such as optical technology, nanotechnology, image processing, network technology, and industrial design.
Financial Performance
Canon's financial performance has seen fluctuations over the years, influenced by factors such as market trends, economic conditions, and competition. The company's revenue and profits are primarily driven by its Imaging System segment, which includes its camera and printer businesses.
Corporate Social Responsibility
Canon is committed to corporate social responsibility (CSR), with initiatives focusing on environmental conservation, social welfare, and corporate ethics. The company's CSR efforts are guided by its corporate philosophy of "Kyosei", which translates to "living and working together for the common good".