Canon to focus on security cameras and medical gear: CEO Mitarai

New businesses aim to comprise over 40% of total revenue by 2025

20210106 Canon Mitarai

Canon's head Fujio Mitarai says that future sales will be led by security cameras, medical equipment, OLED manufacturing devices and commercial printing. (Photo by Yuki Ogata)

TAKESHI HASHIMOTO, Nikkei staff writer

TOKYO -- Canon plans to boost sales from new businesses such as monitoring cameras and medical equipment to more than 40% of consolidated sales by December 2025, compared to 25% in 2019.

Canon will reorganize operations into four groups in April to accelerate growth, said Fujio Mitarai, the Japanese manufacturer's chairman, president and CEO, in an interview with Nikkei on Tuesday.

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