Canon U.S.A. Announces New Executive Appointments

MELVILLE, N.Y.--(BUSINESS WIRE)--Canon U.S.A., Inc., a leader in digital imaging solutions, announces several executive appointments and promotions. Effective today, Mr. Toyo Kuwamura will become the Senior Vice President and General Manager, Business Imaging Solutions Group and Mr. Yoshinori Shimono joins the company as Senior Vice President of Finance and Accounting.

“I welcome Mr. Shimono and congratulate all these executives for their strong leadership. I look forward to their continued success as they help expand our business across our markets and position the Company for enhanced future success.”

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Mr. Toyo Kuwamura, Senior Vice President and General Manager of Business Imaging Solutions Group (BISG) - Mr. Kuwamura, who succeeds Mr. Junichi Yo****ake, will continue to build the BISG business into an industry leading solutions, services and support business. Mr. Kuwamura has spent over 35 years in the “Copier” business since joining Canon Inc. in 1980. He has spent his career in Japan, the United States, and Canada, focusing on all areas of the business from marketing, product planning and sales administration. In addition, Mr. Kuwamura will retain his current position and responsibilities as President and CEO of Canon Solutions America (CSA) where his strong leadership has directly contributed to CSA’s establishment and growth.

Mr. Yoshinori Shimono joins Canon U.S.A., Inc. as a Senior Vice President of Finance and Accounting, succeeding Mr. Kunihiko Tedo. Mr. Shimono joined Canon Inc. in 1985, and was assigned to Canon Europe N.V (The Netherlands) and Canon Europa Ltd. (U.K.). Most recently, he was General Manager of Finance and Accounting, Image Communications Products Operations at Canon Inc. In addition, Mr. Shimono will assume the position as President of Canon Financial Services, Inc. (CFS).

“Mr. Kuwamura brings tremendous experience in the business imaging market and through his proven leadership skills at CSA coupled with the position he is now assuming, I am confident he will continue to build a stronger position for Canon ,” said Joe Adachi, chairman and CEO, Canon U.S.A., Inc. “I welcome Mr. Shimono and congratulate all these executives for their strong leadership. I look forward to their continued success as they help expand our business across our markets and position the Company for enhanced future success.”

Earlier in the year, the following appointments and promotions took place:

Canon U.S.A, Inc.

• Kazuhiko Sasahara promoted to vice president and general manager of Logistics, Canon U.S.A., Inc.

Canon Information and Imaging Solutions, Inc.

• Tetsuhiro Minamide promoted to president of Canon Information and Imaging Solutions and has also been appointed to the North America Board of Group Management, Service Business Board of Group Management and R&D and Manufacturing Board of Group Management, Canon Americas.

About Canon U.S.A., Inc.

Canon U.S.A., Inc., is a leading provider of consumer, business-to-business, and industrial digital imaging solutions to the United States and to Latin America and the Caribbean (excluding Mexico) markets. With approximately $31 billion in global revenue, its parent company, Canon Inc. (NYSE:CAJ), ranked third overall in U.S. patents granted in 2015† and is one of Fortune Magazine's World’s Most Admired Companies in 2016. Canon U.S.A. is committed to the highest level of customer satisfaction and loyalty, providing 100 percent U.S.-based consumer service and support for all of the products it distributes. Canon U.S.A. is dedicated to its Kyosei philosophy of social and environmental responsibility. In 2014, the Canon Americas Headquarters secured LEED® Gold certification, a recognition for the design, construction, operations and maintenance of high-performance green buildings. To keep apprised of the latest news from Canon U.S.A., sign up for the Company's RSS news feed by visiting www.usa.canon.com/rss and follow us on Twitter @CanonUSA.

†Based on weekly patent counts issued by United States Patent and Trademark Office.