Company DescriptionCanon Inc., together with its subsidiaries, manufactures and sells office multifunction devices (MFDs), laser and inkjet printers, cameras, medical equipment, and lithography equipment worldwide. The company operates through Printing Business Unit, Imaging Business Unit, Medical Business Unit, Industrial Business Unit, and Others segments. The Printing Business Unit segment offers office MFDs, document solutions, laser multifunction printers, image scanners, calculators, digital continuous feed presses, digital sheet-fed presses, and large format printers. The Imaging Business Unit segment provides interchangeable-lens digital cameras, digital compact cameras, interchangeable lenses, compact photo printers, network cameras, video management and video content analytics software, digital camcorders, digital cinema cameras, broadcast equipment, and projectors. The Medical System Business Unit segment offers computed tomography systems, diagnostic ultrasound systems, diagnostic X-ray systems, magnetic resonance imaging systems, clinical chemistry analyzers, digital radiography systems, and ophthalmic equipment. The Industrial and Others Business segment provides semiconductor lithography equipment, flat panel display lithography equipment, vacuum thin-film deposition equipment, organic light-emitting diode display manufacturing equipment, handy terminals, document scanners, and die bonders. The company also provides maintenance services. It sells its products under the Canon brand through subsidiaries to retail dealers. Canon Inc. was founded in 1933 and is headquartered in Tokyo, Japan.
How the Company Makes MoneyCanon generates revenue through multiple streams across its diverse range of products and services. The Office segment produces the bulk of its income, primarily through the sale and leasing of multifunctional devices and printers, along with related services and supplies. The Imaging System segment contributes significantly through sales of cameras, camcorders, and related accessories. Canon's Medical System segment provides revenue through the sale of diagnostic imaging equipment and healthcare IT solutions. Additionally, the Industry & Others segment includes sales from semiconductor lithography equipment and security cameras. Canon also benefits from strategic partnerships and collaborations that enhance its product offerings and market reach. The company's earnings are influenced by its strong brand reputation, continuous innovation, and global distribution network.