- Business
- Canon Inc. (7751.T), founded in 1937 and headquartered in Ota-ku, Tokyo, Japan, manufactures and sells optical, imaging, industrial, and medical equipment worldwide, operating through four principal segments: Printing, Imaging, Medical, and Industrial. The Printing Business Unit offers office multifunction devices, digital production printers, large-format inkjet printers, laser multifunction printers, inkjet printers, document scanners, and calculators; the Imaging Business Unit provides interchangeable-lens digital cameras, compact digital cameras, lenses, digital camcorders, compact photo printers, network cameras, video management software, and broadcast equipment; the Medical Business Unit supplies computed tomography systems, diagnostic ultrasound systems, X-ray systems, magnetic resonance imaging systems, digital radiography systems, ophthalmic equipment, in vitro diagnostic systems, reagents, and healthcare IT solutions; and the Industrial Business Unit delivers semiconductor lithography equipment, flat-panel display lithography equipment, OLED display manufacturing equipment, vacuum thin-film deposition equipment, and die bonders, with products marketed under the Canon brand across Japan, the Americas, Europe, Asia, Oceania, and the Middle East. The company maintains extensive global operations, including regional headquarters in the Americas, Europe, and Asia, and 336 consolidated subsidiaries as of late 2023. In recent developments, Canon U.S.A. announced a major restructuring in August 2024, consolidating sales operations into two unified divisions and merging Canon Solutions America into Canon U.S.A. effective January 1, 2025, to streamline efficiency and enhance competitiveness; Canon Medical completed the acquisition of Minaris Medical from Resonac in 2024, integrating in vitro diagnostic reagents and analyzers to bolster its diagnostics portfolio; and in 2025, Canon increased its stake toward full ownership in a key electronics subsidiary while advancing its imaging segment growth.