QUOTE AND NEWS
DailyFinance  Aug 18  Comment 
Technology is a key component in enabling law firms to maintain efficient workflows. Canon U.S.A., Inc., a leader in digital imaging solutions, will demonstrate at the International Legal Technology Association (ILTA)...
Benzinga  Aug 18  Comment 
Below are the business equipment stocks on the NYSE in terms of revenue. The trailing-twelve-month revenue at Canon (NYSE: CAJ) is $36.64 billion. Canon's operating margin for the same period is 10.08%. The trailing-twelve-month revenue at...
Cloud Computing  Aug 13  Comment 
Canon U.S.A., Inc., a leader in digital imaging solutions, today announced the launch of a multi-year partnership with the Little League International, which kicks off with the "Print to the ...
TheStreet.com  Aug 12  Comment 
NEW YORK (TheStreet) -- Canon  Chairman and CEO Fujio Mitarai, whose company is faced with a shrinking market for digital cameras, will now seek acquisitions over the next five years in operations targeting business instead of consumers, the...
Times Online  Aug 12  Comment 
Although Dead Poets Society and Good Morning, Vietnam are the acknowledged humdingers in the Robin Williams canon, along with his...
Cloud Computing  Aug 4  Comment 
Canon U.S.A., Inc., a leader in digital imaging solutions, today announced the launch of the Océ PlotWave 500 large format printing system. Featuring the Océ ClearConnect touchscreen interface for fast and easy walk-up...
Cloud Computing  Jul 31  Comment 
Canon U.S.A., Inc., a leader in digital imaging solutions, today unveiled six new models in its imagePROGRAF lineup: four new five-color, large-format inkjet printers – the 36-inch iPF785 and iPF780 models, and the 24-inch...
Cloud Computing  Jul 28  Comment 
TerraSky Inc., a leading provider of drag and drop solutions for designing pages with clicks, not code on the Salesforce1 Platform, announced today that it has formed a relationship with Canon Information and Imaging...
Wall Street Journal  Jul 24  Comment 
Canon said its net profit jumped 22% in the April to June period thanks to surging sales of multifunction office devices and industrial equipment.




RELATED WIKI ARTICLES
 
TOP CONTRIBUTORS


Canon develops, manufactures and sells a wide lineup of copying machines, printers, cameras, optical products, industrial equipment and other products to meet a diverse range of customer needs. The Company has developed its business activities on a global scale. Canon is a registered trademark in over 180 countries and regions around the world. Canon first began implementing its Excellent Global Corporation Plan in 1996, and has since delivered a series of strong performances. In fiscal 2006, the inaugural year of Phase III of the Plan, Canon achieved record earnings and marked its seventh consecutive year of growth in both sales and net income. With the spread of globalization and broadband networks, Canon stands poised to lead a new era in digital imaging and highly effective communication. In addition to strengthening business results for enhanced corporate value, the Company engages in a number of environmental and social contribution activities and focuses on fulfilling its duties to investors and society by stressing good corporate governance.

In the Camera segment, Canon faces Nikon, Olympus, Pentax and Sony (SNE). While with Office Imaging Products, Canon faces Xerox (XRX), HP and others. Finally, the Computer Periphicals segment is the most competitive with many companies offering similar products like printers and scanners.

Trends and Forces

Yen appreciation against Dollar

Canon is embroiled with various foreign exchange forces and due to that fact, it was in early 2008 exposed to an extreme sell-off in the stock due to concerns about a stronger yen affecting profits in 2008. The yen continued appreciating against the dollar through mid-March but the stock has instead appreciated year-to-date as you can see from the chart below. Canon has due to this reason appreciated in value and in the recent weeks increasing almost 30% since early February and 13.48% since the end of 2007.

Image: Canonusdjpychart.jpg

As the graph shows us that the stock has been significantly undervalued over the last year due to a weak yen, however with the yen going up recently, this trend is expected to benefit CAJ.




References

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki