Canon Electronics
Basic Information
- Stock Code
- 7739
- Industry
- Electrical Equipment
- Category Detail
- Information & Communication Equipment
- Prefecture
- Saitama Prefecture
- Establishment Year
- May 1954
- Listing Year
- August 1981
- Official Website
- https://www.canon-elec.co.jp/
- TSE Information
- TSE Information
- Yahoo! Finance
- Yahoo! Finance
- Other Companies
- Fujifilm Holdings, Konica Minolta, Riso Kagaku, Katsukawa Electric, Brother Industries, Seiko Epson, Japan Aviation Electronics, Kyocera, Canon, Ricoh, Shin-Etsu Polymer, Canon Marketing Japan
Overview
Canon Electronics is an electrical equipment manufacturer founded in 1954. As a member of the Canon Group, it has earned nationwide recognition for its high-precision electronic devices and IT services as mainstays.
Current Situation
Canon Electronics achieved consolidated sales of 74.6 billion yen and operating profit of 5.6 billion yen in the fiscal year ending December 2020, maintaining a stable revenue base. Its mainstay businesses, document scanners and mobile information terminals, are widely distributed through Canon's domestic and international sales networks and boast strong competitiveness. The company is also expanding into information security and CRM fields, while diversifying through consolidated subsidiaries engaged in IT system development and rocket launch services. Unique work-style reforms at its factories and offices contribute to productivity improvements, and it has continuously received White 500 certification since 2021, promoting health management. Moving forward, it aims for stable growth on two pillars: consigned production of Canon products and strengthening its own IT services, while focusing on space-related technologies to create new markets.
Trivia
Interesting Facts
- President's initiative removed all chairs from offices to boost productivity
- Factory has a blue zone that measures loitering speed and sounds alarms
- Leading shareholder Canon Group involved in Japan's space rocket development
- Began floppy disk drive production in 1979
- Debt-free company achieving zero interest-bearing debt through sound management
- Has numerous consolidated subsidiaries in IT system development
- Certified as Health Management Excellence Corporation for 4 consecutive years
- Deeply involved in Japan's small rocket launch project
- Originally named Chichibu Eikosha at founding
- TSE Prime-listed company with approximately 5,600 employees
- Employee stock ownership plan promotes employee loyalty
- Rumor that even the president's office has no chairs, veracity unknown
- Develops SI software for diverse industries toward diversification of information equipment
- Established growth base through production of SLR lens aperture units
- Stable product distribution volumes through Canon's global sales networks
Hidden Connections
- Key hub company connecting Canon Group's manufacturing and IT
- Collaborates with IHI Aerospace on rocket development in space field
- Close collaboration with Canon Electronics Technology and KCS
- Major financial institutions like Japan Master Trust Bank and Dai-ichi Life as shareholders
- Headquartered in Chichibu, practicing close ties with local community and industrial contributions
- Strengthens cybersecurity through affiliates like Humming Heads
- Expanding IT services business through multi-industry collaborations
- Promotes health management as a METI White 500 certified company
Future Outlook
Growth Drivers
- Technological innovation in Canon Group products and expansion of consignment production
- Accelerated growth in IT services and information security business
- New revenue creation through active entry into space business
- Productivity improvements via work-style reforms and health management promotion
- Strengthening of Canon brand sales networks domestically and internationally
- Deepening utilization of AI and IoT technologies in products and services
- Enhancing environmental load reduction and sustainability measures
- Expansion of mobile information terminal development for new markets
- Synergy creation with diverse affiliates
- Provision of customized products tailored to customer needs
Strategic Goals
- Expand IT services sales to 30% of consolidated sales
- Launch commercial small rocket services
- Continue certification as Health Management Excellence Corporation and improve workplace environment
- Achieve 30% reduction in supply chain environmental impact
- Annual introduction of new products and services through technological innovation
- Strengthen global quality management system
- Promote diverse talent development and diversity
- Secure top-class domestic position in space-related business
- Establish position as strategic key hub within Canon Group
- Build sustainable trading relationships with high customer satisfaction
Business Segments
Parts Manufacturing for Printers and Copiers
- Overview
- Main B2B business consignment manufacturing parts for Canon Group's printers and copiers.
- Competitiveness
- Stable quality through high-precision integrated production system
- Customers
-
- Canon domestic and international sales companies
- Copier manufacturers
- Printer manufacturers
- Electronics assembly factories
- Products
-
- Laser scanner units
- Stepping motors
- Magnetic heads
- Plastic lenses
IT Services and System Integration
- Overview
- Provides customer management systems and industry-specific solutions to support IT transformation.
- Competitiveness
- Broad industry knowledge and Canon Group collaboration strength
- Customers
-
- Financial industry
- Manufacturing industry
- Distribution industry
- Local governments and public institutions
- Service industry
- Products
-
- CRM systems
- Industry-specific custom SI
- Information security solutions
- Cloud services
Mobile Information Terminal Manufacturing
- Overview
- Manufactures and provides highly robust mobile terminals for logistics and distribution industries.
- Competitiveness
- High-durability design and custom customization capabilities
- Customers
-
- Logistics companies
- Retailers
- Manufacturing sites
- Warehouse management companies
- Products
-
- Handheld terminal devices
- Barcode readers
- Mobile data terminals
Space-Related Technologies and Rocket Development
- Overview
- Develops and launches small rockets and expands into space-related technologies.
- Competitiveness
- Advanced technology in next-generation rocket development
- Customers
-
- Space-related companies
- Government research institutions
- Defense-related
- R&D institutions
- Products
-
- Small rocket manufacturing
- Satellite launch services
- Space equipment development
Consignment Parts Manufacturing
- Overview
- Manufacturing division that undertakes consignment production of various precision parts.
- Competitiveness
- Advanced manufacturing technology and stable supply capacity
- Customers
-
- Electronics manufacturers
- Precision machinery manufacturers
- Automotive-related companies
- Products
-
- Precision metal parts
- Molded resin parts
- Magnetic-related parts
Printer-Related Equipment
- Overview
- Designs and produces equipment for copiers and printers.
- Competitiveness
- Years of know-how and quality control system
- Customers
-
- Printing equipment manufacturers
- Office equipment sales companies
- Products
-
- Laser scanning devices
- Cartridge parts
Manufacturing Equipment Maintenance
- Overview
- Provides maintenance for manufacturing equipment and technical support services.
- Competitiveness
- High technical expertise and flexible response system
- Customers
-
- Canon Group
- Various manufacturing companies
- Products
-
- Equipment maintenance services
- Technical consulting
Business Machinery and Equipment Manufacturing
- Overview
- Manufactures sanitation-related equipment such as business-use food waste processors.
- Competitiveness
- Development capabilities for environmentally friendly products
- Customers
-
- Food service industry
- Hospitals and nursing facilities
- Products
-
- Food waste processors
- Sanitation equipment
Software Development Support
- Overview
- License sales and technical support for IT systems.
- Competitiveness
- High-quality services by specialized personnel
- Customers
-
- Software development companies
- IT companies
- Products
-
- License sales
- Technical support services
Management Systems and IT Infrastructure Construction
- Overview
- Supports construction of customer management and internal IT infrastructure.
- Competitiveness
- Collaboration strength with Canon Group
- Customers
-
- Corporate information systems departments
- Public organizations
- Products
-
- CRM platform construction
- Network management
Special Optical Components Manufacturing
- Overview
- Handles development and manufacturing of optical components for laser equipment.
- Competitiveness
- Advanced precision molding technology
- Customers
-
- Optical equipment manufacturers
- Electronic parts companies
- Products
-
- Plastic lenses
- Optical unit parts
Education and Training Services
- Overview
- Provides technical training and scholarships for employees and partners.
- Competitiveness
- Practical, work-focused training programs
- Customers
-
- Students
- Working professionals
- Partner universities
- Products
-
- Scholarship programs
- Technical training
Competitive Advantage
Strengths
- Strong support system from the Canon Group
- Integrated production capabilities for high-precision parts
- Specialized technology in information security and CRM
- Risk diversification through diversified business operations
- High evaluation in health management
Competitive Advantages
- Technical know-how cultivated over years in consignment manufacturing
- Close synergy with the Canon Group
- Active participation in advanced fields like space development
- Unique productivity improvement measures from offices to factories
- Diverse IT solutions tailored to customer needs
Threats
- Intense competition from domestic and international rival manufacturers
- Speed of technological innovation and associated response costs
- Market risks and investment recovery uncertainty in new businesses
- Supply chain risks from international geopolitical changes
- Expanding threats in the IT security field
Innovations
2024: Successful Launch of Small Rocket for Space
- Overview
- Successfully launched next-generation small rocket through Space One Co., Ltd.
- Impact
- Established technical track record for entry into space business
2023: Development of Enhanced Information Security Platform
- Overview
- Developed advanced security solutions for internal and customer use.
- Impact
- Contributes to improved customer trust and business expansion
2022: Expansion of IT Services Business
- Overview
- Expanded orders for CRM systems and industry-specific SI, and enhanced products.
- Impact
- Contributed to 20% sales growth
2021: Certified as Health Management Excellence Corporation
- Overview
- Continuously received METI White 500 certification since fiscal 2021.
- Impact
- Improved employee health awareness and enhanced corporate image
Sustainability
- Continuous certification as Health Management Excellence Corporation (White 500)
- Reduction of factory waste and environmental management based on ISO14001
- Strengthening information security systems and obtaining Privacy Mark
- Improving workplace environment through enhanced internal communication
- Active participation in regional safety and environmental conservation activities
- Promotion of renewable energy adoption