Tagged With "Fujio Mitarai"

Canon to no longer make HP LaserJets? - As reported by Nikkei Asian News, Canon’s CEO, Fujio Mitarai stated that Canon will end its 35-year relationship with HP, if Xerox takes over HP - "The foundation of this partnership is, above all else, built upon a relationship of trust between the top management of both companies," including HP CEO Enrique Lores and Tuan Tran, head of its printing division, Mitarai said in a written interview. - "At the same time, it also involves a great deal of...

Canon Inc. (7751) said its president will step down after the world’s largest camera maker forecast profit will increase by less than 1 percent for a second straight year. President and Chief Operating Officer Tsuneji Uchida, 70, will leave both posts effective March 29 and be replaced by Chairman Fujio Mitarai, 76, the Tokyo-based company said in a statement. Uchida, who will become an adviser, offered to resign, Chief Financial Officer Toshizo Tanaka told reporters today. Net income this...

The Yomiuri Shimbun Canon Inc. has announced Chairman and Chief Executive Officer Fujio Mitarai will return as president in addition to to his current roles. Current President and Chief Operating Officer Tsuneji Uchida, 70, will become adviser. The unusual decision for Mitarai to return to his role as president comes amid growing uncertainty about the firm's prospects due to the European fiscal crisis and the historic surge of the yen. It is believed Canon aims to improve its business...

right, I read that they are going back to a former COO who is Fujio Mitarai and read that Canon did not think that they had someone like Fujio in the "next generation". I guess that would have meant someone in the 50-60 range? It seems all of the major copier companies, even KM has had a very tough year. Tsunami, earthquake, floods (thailand), and yes the unexpected rise of the yen has hit them hard.

Canon sees another record profit, taps new presidentMon Jan 30, 2006 4:03 AM ETPrinter Friendly | Email Article | Reprints | RSS By Nathan LayneTOKYO (Reuters) - Canon Inc. (7751.T: Quote, Profile, Research) said on Monday that strong sales of digital...

WEEKEND MFP INDUSTRY NOTES5-31-09The following is a quick review of copier/MFP industry news from various trade publications. - EFI announced that it won a “Hot Pick” award during a major print for pay tradeshow. PacPrint takes place every...

WEEKEND MFP INDUSTRY NOTES3-15-09The following is a quick review of copier/MFP industry news from various trade publications.- InfoPrint, the division of Ricoh that was formerly a division of IBM, announced it will open three large demo rooms to...

Canon Inc. (7751 JT): The world’s largest camera maker said its president is resigning as it forecast profit will rise this year by less than 1 percent. President and Chief Operating Officer Tsuneji Uchida will step down effective March 29 and be...

Weekend MFP Industry Notes Newsletter10-17-2010- Lexmark launched a new A3 color MFP, the X925de featuring:o Actually made by Fuji of China (which makes most products sold by Xerox)o Base MSRP of $5849 (print only version has base MSRP of $2399)o Uses...

Weekend MFP Industry Notes Newsletter10-31-2010- Lexmark CEO, Paul Curlander, announced he will be quitting his post in spring of 2011:o He led Lexmark for 12 yearso He will be replaced by Paul Rooke, who is currently President of Imaging Solutions...

TOKYO -- Canon will focus on surveillance cameras and commercial printers as it resumes its quest for annual sales of 5 trillion yen ($42 billion), Chairman and CEO Fujio Mitarai has told The Nikkei.      The Japanese company set the sales target for the year ending in December 2020, as part of plans for the five-year period started in 2016. It also aims for a net profit margin of at least 10% and an operating margin of 15%, based on currency rate assumptions of 125 yen per...

http://www.wsj.com/article_email/canons-mitarai-steps-down-as-president-1453884124-lMyQjAxMTE2MDI2ODcyNDg1Wj

Canon Inc. ("Canon"; Chairman and CEO: Fujio Mitarai; Headquarters: Tokyo, Japan) announced that its consolidated subsidiary Océ N.V. ("Océ" ; President and CEO: Anton Schaaf; Headquarters: Venlo, the Netherlands), which was delisted...

Canon Inc. wants to develop and manufacture products in the United States, possibly in New York State, executives said Friday. Fujio Mitarai, chief executive of the photography and copier giant, said he wants to "transform" the company's...

By Kazunori Takada SHANGHAI, May 18 (Reuters) - Japanese camera and copier maker Canon Inc (7751.T) expects its quake-hit supply chain to recover more quickly than originally estimated, giving a roughly 50 billion yen ($600 million) boost to its...

Weekend MFP Industry Notes Newsletter11-29-09The falling value of the U.S. Dollar is having huge impact in Japanese manufacturers. Details: - Japanese yen was trading at its strongest against the dollar in 14 years, climbing to as high as 84.83 (in...

Weekend MFP Industry Notes Newsletter 12-6-09 - The Business Equipment Research & Testing Laboratories (BERTL) announced it has given its highest award, 5 Stars, to the new integrated eCopy solution offered by Konica Minolta, where the solution can be accessed right from the color LCD control panel of the bizhub MFP. - Mail Boxes Etc. aka The UPS Stores, gave out its annual outstanding Sales Support Award to Konica Minolta, for the second time in last 3 years. - The Federal Bureau of...

WEEKEND MFP INDUSTRY NOTES1-11-08The following is a quick review of copier/MFP industry news from various trade publications.- Canon announced more management changes. Tod Pike, who was in charge of the wholesale side of the office equipment division,...

Nov 25 (Reuters) - Following are some key facts about Japan's Canon Inc (7751.T: Quote, Profile, Research, Stock Buzz). For an interview with Canon's president please click on [ID:nTKG003109] * HISTORY: -- Canon's predecessor, Precision Optical Instruments Laboratory, was founded in 1933. In 1934 the company produced a prototype of the Kwanon, Japan's first 35mm focal-plane shutter camera and named after the Buddhist Goddess of Mercy. In 1935 it filed to register the Canon trademark. -- In...

Canon Cuts Full-Year Forecast for Profit Gain to Drop (Update2) By Hiroshi Suzuki Oct. 27 (Bloomberg) -- Canon Inc., the world's largest camera maker, cut its forecast for full-year profit growth to the first decline in nine years as the surging yen...

TOKYO, October 1, 2019—Canon Inc. ("Canon"; Headquarters: Tokyo, Japan; Chairman and CEO: Fujio Mitarai) and Océ Holding B.V. ("Océ"; President and CEO: Minoru Asada; Headquarters: Venlo, the Netherlands) today announced the official corporate name (trade name) change of Canon Group company Océ to Canon Production Printing. After joining the Canon Group in 2010, Océ continued to develop and manufacture its printing products under the Océ brand. By renaming Océ to Canon Production Printing...

Copiers and office supplies will no longer fill Canon’s budget as they did in the recent past. Over the next five years, this renowned Japanese manufacturer will grow in security cameras, medical equipment, OLED lighting panel equipment, commercial packaging, and label printing. The business promises to grow and the company to flourish. mitarai Canon’s plans in an interview with Nikkei journalists told the chairman, president a.... read the rest here

Canon’s CEO interviewed Fujio Mitarai, CEO of Canon, spoke during Corporate Strategy Conference 2022 in Tokyo, Japan For office printer/MFP division, “seeking to reduce costs by consolidating printer product platforms” “will also develop office printers that will better align with offices’ digital transformation strategies” “aim of becoming the number one company in the office and home printer markets” “will make a full scale entry into digital industrial printing, such as label and package...