QUOTE AND NEWS
TechCrunch  Sep 15  Comment 
 Canon has a slew of new gear out launching today, but among those the most noteworthy are its new 1-inch sensor compact camera, which will go head-to-head with Sony’s RX-100 series, and the new 7D Mark II, a worthy successor to Canon’s...
SeekingAlpha  Sep 9  Comment 
By Reid K.: Editor's note: Originally published on 16 Aug 2014 During the past few years, there has been a lot of attention drawn to Myanmar and the country's growing desire to open up to the world both politically and economically....
DailyFinance  Sep 4  Comment 
Canon U.S.A., Inc., a leader in digital imaging, announced today that the company will make available in October 2014 a free firmwarei upgrade for its DP-V3010 4K Reference Display (launched in January 2014) that delivers...
DailyFinance  Sep 3  Comment 
Canon U.S.A., Inc., a leader in digital imaging solutions, today announced the new imagePRESS C800 Digital Color Press Series, which combines new and proven technology to help deliver the level of print quality, productivity...
The Hindu Business Line  Aug 28  Comment 
The digital imaging company Canon India is eyeing a 10 per cent market share in the digital photo album print space in India in the next three years. Alok Bharadwaj, Executive Vice Presid...
TechCrunch  Aug 27  Comment 
 Watchmaker MB&F aka Maximilian Büsser & Friends is well known for its dedication to the sci-fi cause. Many of the watches – some costing over $100,000 – are reminiscent of robots, steampunk engines, and alien heads. Now, however, you and...
Cloud Computing  Aug 27  Comment 
CANON CITY, Colo. , Aug. 27, 2014 /PRNewswire/ -- AT&T* has turned on the nation's most reliable 4G LTE network** in Canon City , bringing customers the latest generation of wireless network technology. Watch here to see several of the...
Cloud Computing  Aug 25  Comment 
Canon U.S.A., Inc., a leader in digital imaging solutions, today introduced the imageFORMULA P-215II Scan-tini Mobile Document Scanner, a new solution for efficient and easy document scanning while in the office, on the road,...
Cloud Computing  Aug 25  Comment 
Canon U.S.A., Inc., a leader in digital imaging solutions, has announced the availability of Therefore™ Online, a cloud-based version of its established information management solution, which helps organizations by improving...
TechCrunch  Aug 22  Comment 
 One of you will be the lucky winner of a Canon EOS T3i kit paired with a NeroTrigger. The Canon EOS Rebel is a digital SLR camera, and is accompanied by an accessory kit that includes three lenses, a camcorder and a 59″ lightweight tripod –...




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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

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