Canon Statistics: Revenue, Employees, and Market Share

Quick Summary

The following Canon data was updated in 2022 and reflects Canon’s performance in 2021.

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:

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:

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%).

Sources: Sec.gov