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Electronic Technology

Canon, Inc.

Business Summary

Canon, Inc. engages in the development, manufacture, and sale of office multifunction devices, copying machines, printers, cameras, and lithography equipment. It operates through the following segments: Office Business Unit (BU), Imaging Systems, Medical Systems and Others. The Office BU segment offers MFDs, printers, copying machines for personal and office use, and production print products for print professionals. The Imaging Systems segment manufactures and markets digital cameras and digital video camcorders, as well as lenses and various related accessories. The Medical Systems segment covers the diagnostic imaging equipment, from CT and MRI systems to ophthalmic and digital radiography equipment. The Others segment offers semiconductor and flat panel display lithography equipment, digital radiography systems, ophthalmic equipment, vacuum thin-film deposition equipment, organic light-emitting diode panel manufacturing equipment, micro motors, computers, handy terminals, and document scanners. The company was founded on August 10, 1937 and is headquartered in Tokyo, Japan.

Financial Highlights

Dec 2021 JPYUSD
Revenue3,513.35B31,976.46M
Gross Profit1,627.79B14,815.18M
Operating income281,918M2,565.84M
Income before tax302,706M2,755.04M
Net income214,718M1,954.23M
EBITDA503,164M4,579.49M
Diluted EPS205.281.86
Dividends Per Share1000.91
Total Assets4,750.88B41,256.46M
Total liabilities1,652.45B14,349.86M
Total equity2,873.77B24,955.69M
Operating cash flow451,028M4,104.98M
Currency in JPYCurrency in USD

Historical Data

 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 4,080.01B 3,951.93B 3,593.29B 3,160.24B 3,513.35B
Gross Profit 1,990.55B 1,835.55B 1,610.03B 1,375.86B 1,627.79B
Operating income 355,517M 342,952M 174,420M 110,547M 281,918M
Income before tax 353,884M 362,892M 195,493M 130,280M 302,706M
Net income 241,923M 252,755M 124,964M 83,318M 214,718M
EBITDA 617,398M 594,506M 411,747M 338,372M 503,164M
Diluted EPS 222.88 234.07 116.77 79.34 205.28
Dividends Per Share 160 160 160 80 100
Total Assets 5,198.29B 4,899.46B 4,771.91B 4,625.61B 4,750.88B
Total liabilities 2,102.11B 1,881.55B 1,887.93B 1,841.57B 1,652.45B
Total equity 2,870.63B 2,827.60B 2,685.49B 2,575.03B 2,873.77B
Operating cash flow 590,557M 365,293M 358,461M 333,805M 451,028M
 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 36,385.27M 35,782.65M 32,962.77M 29,599.01M 31,976.46M
Gross Profit 17,751.61M 16,619.94M 14,769.47M 12,886.45M 14,815.18M
Operating income 3,170.47M 3,105.24M 1,600.02M 1,035.38M 2,565.84M
Income before tax 3,155.91M 3,285.79M 1,793.33M 1,220.20M 2,755.04M
Net income 2,157.45M 2,288.55M 1,146.34M 780.36M 1,954.23M
EBITDA 5,505.91M 5,382.93M 3,777.12M 3,169.21M 4,579.49M
Diluted EPS 1.98 2.11 1.07 0.74 1.86
Dividends Per Share 1.42 1.44 1.46 0.74 0.91
Total Assets 46,145.50M 44,656.29M 43,909.98M 44,802.30M 41,256.46M
Total liabilities 18,660.59M 17,149.45M 17,372.33M 17,836.92M 14,349.86M
Total equity 25,482.73M 25,772.24M 24,711.25M 24,940.97M 24,955.69M
Operating cash flow 5,266.54M 3,307.53M 3,288.30M 3,126.43M 4,104.98M

Valuation Measures

Dec 2021
PER13.64
ROA4.57%
ROE7.88%
Operating margin8.02%
Profit margin6.11%

Key executives

  • Chairman, President & Chief Executive Officer: Fujio Mitarai
  • CFO, Representative Director & Vice President: Toshizo Tanaka
  • Representative Director & Chief Technology Officer: Toshio Homma
  • General Manager-Research & Development: Shunsuke Inoue
  • GM-Information & Communication Systems: Yoichi Iwabuchi

Shareholders

  • Canon, Inc. (23.8%)
  • Nomura Asset Management Co., Ltd. (3.4%)
  • Asset Management One Co., Ltd. (2.4%)
  • Mizuho Financial Group, Inc. (2.0%)
  • The Vanguard Group, Inc. (2.0%)
  • Nikko Asset Management Co., Ltd. (1.7%)
  • Daiwa Asset Management Co. Ltd. (1.6%)
  • BlackRock Fund Advisors (1.6%)
  • Dai-ichi Life Holdings, Inc. (1.4%)
  • Obayashi Corp. (1.2%)

Contact Details

  • Website:http://canon.jp
  • Address: 3-30-2 Shimomaruko, Ohta-Ku, Tokyo, 146-8501, Japan
  • Phone: +81.3.3758.2111

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Competitors

  • HP Inc.
  • Koninklijke Philips N.V.
  • ASML Holding NV
  • Panasonic Holdings Corporation
  • FUJIFILM Holdings Corp
  • Konica Minolta, Inc.
  • Ricoh Company, Ltd.
  • Sony Group Corporation
  • Samsung Electronics Co., Ltd.
  • Brother Industries, Ltd.
  • Seiko Epson Corp.
  • General Electric Company
  • Nikon Corp.
  • Siemens Healthineers AG
  • Hangzhou Hikvision Digital Technology Co., Ltd Class A
  • Xerox Holdings Corporation
  • Xerox Holdings Corporation
  • Kinpo Electronics, Inc.
  • Primax Electronics Ltd.
  • Vicon Industries, Inc.
  • Eastman Kodak Company
  • Sindoh Co., Ltd
  • GoPro, Inc. Class A
  • FIT Holding Co., Ltd.
  • Veeco Instruments Inc.
  • SUESS MicroTec SE
  • Asia Optical Co., Inc.
  • Senstar Technologies Ltd.
  • STCUBE, Inc.
  • Vieworks Co., Ltd
Last Updated on 29 Nov, 2022

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