Canon Inc.

Canon and its subsidiaries are engaged in the manufacture and sale of office multifunction devices, plain paper copying machines, laser printers, inkjet printers, cameras and lithography equipment. Co. sells its products principally under the Canon brand name and through sales subsidiaries. Each of these subsidiaries is responsible for marketing and distribution to retail dealers in an assigned territory. As of Dec. 31, 2017, Co.'s manufacturing is conducted primarily at 30 plants in Japan and 18 plants overseas. Co. operates its business in four segments: Office Business Unit, Imaging System Business Unit, Medical System Business Unit, and Industry and Others Business Unit.
  • Ticker7751
  • ISINJP3242800005
  • SectorTechnology Hardware & Equipment
  • CountryJapan

With a more favourable environment, CANON INCO. improves to Slightly Positive

CANON INCO. (JP), a company active in the Electronic Office Equipment industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 2 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date June 9, 2020, the closing price was JPY 2,349.00 and its potential was estimated at JPY 2,533.93.

Feasibility Study Results in December to be a Catalyst for this Junior

Feasibility Study Results in December to be a Catalyst for this Junior

PSA Tech: Canon (7751 JT) Update Ahead of Q2 Results

Pelham Smithers has been warning about Canon for a while. Now comes a Nikkei suggestion that 1H OP will decline by 54% YoY. Canon is not alone in sleepwalking into the downturn, as Pelham explains in this report.

Kazunori Ito

Morningstar | Contraction of Camera Market Will Be Compensated by Other Businesses, Cut Canon's FVE to JPY 3,600

Over the past 70 years, Canon has established defensible market positions in its core office and consumer segments, but secular headwinds and shifting industry dynamics limit its long-term growth potential. Canon's office segment--which sells multifunctional devices, copiers, and industrial and personal laser printers--accounts for 50% of consolidated sales. The firm benefits from partnerships with the original equipment manufacturer, or OEM, of laser printers Hewlett-Packard, which represented approximately 18% of Canon's total revenue in 2017. The firm also generates reliable, high-margin re...

Kazunori Ito

Contraction of Camera Market Will Be Compensated by Other Businesses, Cut Canon's FVE to JPY 3,600

We trim no-moat Canon’s fair value estimate to JPY 3,600 per share from JPY 3,700, and to $33 per U.S. ADR from $34, owing to the weakness on its interchangeable lens camera, or ILC, business. Canon’s March quarter results were below our expectations because of the inventory adjustment and worse-than-expected product mix for ILC. While Canon has been the top player of ILC for decades, two major threats for the business have emerged recently: 1) a contraction of the ILC market, caused by the evol...

Feasibility Study Results in December to be a Catalyst for this Junior

Feasibility Study Results in December to be a Catalyst for this Junior