Japan in 2019: Innovation-Led Growth

Once acknowledged primarily for its camera and workplace instrumentality, Canon is within the inside of a grand strategic transformation into a supplier of strategically varied imaging merchandise and services.

Canon is effecting section V, covering 2016 through 2020, with attention on seven key policies: establishing a brand new production system to attain a cost-of-sales quantitative relation of 45%; reinforcing and increasing new businesses whereas making future businesses; restructuring its world sales network in accordance with market changes; enhancing R&D capabilities through open innovation

Working along, Canon and Axis co-developed the AXIS Q1659, an interchangeable-lens network camera that may be fitted with lenses starting from optical lens to telephotography.

Yokohama, one in every of the host cities of rugger tourney 2019, has introduced Canon’s network camera system, that is capable of high-resolution night-time video and 360-degree omni-directional shooting. By introducing this method, urban centre will facilitate stop incidents and accidents at giant public events. These cameras also are expected to demonstrate their price in serving to authorities quickly grasp the case after a natural disaster happens.

As a part of its transformation, Canon is currently strengthening its medical technologies in a very bid to ascertain attention united of its 3 main businesses once cameras and workplace merchandise. the corporate aims to become one in every of the highest 3 players within the field. thereto finish, Canon non inheritable Toshiba Medical Systems Corporation in 2016 in a deal value 665.5 billion yen (US$5.7 billion). the corporate, currently referred to as Canon Medical Systems, may be a leading supplier of diagnostic imaging systems like X-ray, CT (CT), and resonance mental imagery (MRI) systems.