Quick Summary
The following Canon data was updated in 2022 and reflects Canon’s performance in 2021.
| Feature | Data |
|---|---|
| Company | Canon Inc. |
| Founded | August 10, 1937 (84 years ago) in Tokyo, Japan under the name “Seikikōgaku kenkyūsho” |
| Annual revenue | $31.97 billion (2021) |
| Imaging revenue | $5.94 billion (2021) |
| Gross profit | $14.81 billion (2021) |
| Net income | $1.95 billion (2021) |
| Operating income | $2.57 billion (2021) |
| Employees | 184,034 (2021) |
| Women employed | 4,162 (2.26%) |
| Biggest shareholder | The Master Trust Bank of Japan, Ltd. (Trust Account) (166.1 million shares) |
Revenue
In 2021, Canon generated $31.97 billion in annual revenue, a +11.2% year-on-year growth from $29.71 billion in 2020. Canon’s revenue has been slowly decreasing since 2010 when it reached $45.76 billion. In other words, in 11 years, Canon’s revenue decreased by approximately 30%.
The table below represents annual revenue data and year-on-year growth:
| Year | Annual Revenue | Year-on-year growth |
|---|---|---|
| 2009 | $34.88 billion | |
| 2010 | $45.76 billion | +31.19% |
| 2011 | $45.61 billion | -0.33% |
| 2012 | $43.50 billion | -4.63% |
| 2013 | $38.43 billion | -11.66% |
| 2014 | $35.41 billion | -7.86% |
| 2015 | $31.54 billion | -10.93% |
| 2016 | $31.29 billion | -0.79% |
| 2017 | $36.31 billion | +16.04% |
| 2018 | $35.96 billion | -0.96% |
| 2019 | $33.06 billion | -8.06% |
| 2020 | $29.71 billion | -10.13% |
| 2021 | $31.97 billion | +7.61% |
Quarterly revenue report
In the most recent reported quarter (Q3 2021), Canon’s revenue reached $7.58 billion, a 5.52% decrease from Q2 2021. The highest quarterly revenue was reported in Q4 2011 when the revenue reached $12.37 billion.
Revenue distribution
Of the Canon’s $31.97 billion annual revenue in 2021, printing contributed 53.6% ($17.64 billion), imaging 18.0% ($5.94 billion), industrial 15.1% ($4.96 billion, and medical 13.3% ($4.37 billion).
Compared to 2020, printing is down by 2.96%, while imaging (+17.16%), medical (+6.90%), and industrial (14.75%) all gained in revenue.
Gross Profit
Canon reported $14.81 billion in gross profit for 2021. That’s an increase of 14.54% compared with $12.93 billion a year earlier, but a 33.47% decrease compared with $22.27 billion in 2011.
Net Income
Canon generated $1.95 billion in net income in the year 2021. That’s a 149.55% increase compared to $0.78 billion in 2020, but a 40.02% decrease compared with $3.26 billion in 2011.
Employees
In 2021, Canon reported having 184,034 employees worldwide, which is a 1.17% increase from 181,897 in 2020. In 2011, Canon employed 198,307 people (7.76% more than in 2021).
And here are the exact numbers:
| Year | Employees |
|---|---|
| 2009 | 168,879 |
| 2010 | 197,386 |
| 2011 | 198,307 |
| 2012 | 196,968 |
| 2013 | 194,151 |
| 2014 | 191889 |
| 2015 | 189571 |
| 2016 | 197673 |
| 2017 | 197776 |
| 2018 | 195056 |
| 2019 | 187041 |
| 2020 | 181,897 |
| 2021 | 184,034 |
Employee distribution
Of the total 184,034 employees, 66.76% work in printing (122,864), 14.00% in imaging (25,761), 7.64% in industrial (14,053), 6.94% in medical (12.769), and 4.67% in corporate (8,587).
Employee demographics
According to the latest reports, 41.12% of Canon’s employees come from Asia and Oceania, 38.54% from Japan, 12.04% from Europe, and 8.29% from the Americas.
In 2021, 2.26% of all Canon’s employees were women, and 3.30% of all managers are women.
Shareholders
Canon’s top 10 major shareholders own 374.3 million shares combined, which accounts for 36.0% of the entire company. The biggest shareholder is The Master Trust Bank of Japan, Ltd. (Trust Account) with 166.1 million shares (15.9%).
| Shareholder Name | Shares owned | Percentage |
|---|---|---|
| The Master Trust Bank of Japan, Ltd. (Trust Account) | 166.1 million | 15.9% |
| Custody Bank of Japan, Ltd. (Trust Account) | 62.4 million | 6.0% |
| The Dai-ichi Life Insurance Company, Limited | 24.3 million | 2.3% |
| Mizuho Bank, Ltd. | 22.6 million | 2.2% |
| State Street Bank West Client—Treaty 505234 | 20.9 million | 2.0% |
| Moxley and Co. LLC | 19.1 million | 1.8% |
| OBAYASHI CORPORATION | 16.5 million | 1.6% |
| Barclays Securities Japan Limited | 15.2 million | 1.5% |
| SMBC Nikko Securities Inc. | 14.1 million | 1.4% |
| Sompo Japan Insurance Inc. | 13.1 million | 1.3% |
| Sum | 374.3 million | 36.0% |
Sources: Sec.gov
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