Canon Inc. today announces that the company’s interchangeable-lens digital cameras (digital SLR and mirrorless cameras) have maintained the No. 1 share of the global market for 16 consecutive years from 2003 to 2018.

Canon develops the key imaging system components featured in its EOS series of interchangeable-lens cameras - CMOS image sensors, image processors and interchangeable lenses - under the core concept of ‘Speed, Comfort and High Image Quality’. Incorporating a wide-ranging product lineup - from high-performance flagship models that are highly trusted by professionals, to entry-level models that allow users to enjoy high image quality shooting with easy operation - Canon continues to support the diverse needs of customers.

In 2003, the dawn of digital SLR cameras, Canon introduced its breakthrough EOS 300D. This groundbreaking camera, which was competitively priced and featured a compact, lightweight design, captured the top share of the global market and set the stage for growth in the digital SLR market. Since that time, Canon has continued to launch a range of groundbreaking products, including the professional-model EOS-1D series and the EOS 5D series, which paved the way for digital SLR video recording.

In March 2018, Canon launched products such as the EOS M50 mirrorless camera and EOS 2000D DSLR, which allow entry-level users to effortlessly enjoy capturing professional looking images. In striving to further expand its line-up, Canon has once again secured the leading share of the global market in 2018.

In September 2018, in pursuit of further expanding the boundaries of image capture and new possibilities in visual expression, Canon launched the EOS R mirrorless camera, equipped with a full-frame sensor, as part of the EOS R System, a new imaging system with lenses at its core. What’s more, in February 2019 Canon launched the EOS RP – a small, light and practical full-frame mirrorless camera with impressive image quality - and announced six new RF lenses, currently under development, as part of its plan to expand the EOS R System.

Canon will continue to refine its diverse imaging technologies based on its core optical technology to expand and create an even stronger EOS System that offers new avenues of image capture to meet the needs of increasingly diverse users and to promote the ever-growing photo and video culture.

Alessandro Stanzani, Executive Vice President of Canon Imaging Technologies & Communications Group, Europe, Middle East & Africa, commented, “In addition to maintaining the number one share of the global market, Canon has continued to maintain its leadership position in unit and value share of the digital camera market in EMEA. We are continuing to push the boundaries of optical innovation and these results demonstrate the appetite for new technologies and camera systems.”

NY, January 24, 2020 – In a time of digital transformation, it is imperative for companies to continuously evolve in order to work smarter and thrive in the competitive business environment. Consistent with its strong brand value and focus on innovation, Canon U.S.A., Inc., a leader in digital imaging solutions, is proud to announce that its parent company, Canon Inc., has received the #5 Industry Ranking in the computers category on FORTUNE Magazine’s “World Most Admired Companies” 2020 list.

Key attributes of Canon’s reputation that stood out to FORTUNE Magazine’s surveyed executive directors and analysts, allowing it to rank as one of the top five companies in the computers category, include the company’s financial soundness, quality of products and services, global competitiveness and quality of management.

“It is an honor to work alongside a great team of talented professionals who continue to help the company grow every day due to their hard work and innovative efforts,” said Christine Sedlacek, senior director and general manager, corporate communications, Canon U.S.A., Inc. “Receiving this ranking showcases the strong overall value of the Canon brand as it reflects our corporate philosophy of Kyosei, living and working together for the common good, and dedication to meeting the needs of our customers.”

FORTUNE’s World Most Admired Companies study surveys executive directors and analysts from eligible organizations in order to identify the companies that hold the strongest reputations within their industries. Awarded companies are selected based on the following nine criteria: people management, quality of management, social responsibility, innovativeness, quality of products/services, use of corporate assets, financial soundness, long-term investment value, and global competitiveness.

Cinema EOS System 8K camera footage

As for camera demand, amid ongoing market contraction, we expect a significant drop in demand due to COVID-19 this year. However, in the third quarter, the camera market was stronger than expected thanks to a gradual increase in image capturing opportunities as people became more active. Taking this into account, we raised our full-year projection for the interchangeable-lens camera market by 0.5 million units to 5.9 million units.

Although we expect our full-year sales to decline in line with the market to 2.7 million units, the EOS R5 and EOS R6, new cameras equipped with full-frame sensors that we launched in the third quarter, have recorded strong sales since their introduction thanks to the high marks they have received for their revolutionary video recording function, AF performance, and image stabilizing function.

Furthermore, for our enhanced lineup of lenses, we are achieving sales growth and improving product mix through synergy with camera bodies.

COVID, of course, helped you to destroy camera industry, but you had been working good on this anyway, Canon managers.

According to the Japanese newspaper Nikkei, Canon announced that it would raise its consolidated net income for the fiscal year ending December 2020 over previous estimations due to strong sales of its mirrorless cameras, particularly in China.

Canon originally projected that it would come about 98 billion yen (~$944 million) short of its 2019 fiscal year numbers, but revised that number on January 14 to 28 billion yen higher (~$270 million) to 80 billion yen (~$771 million) short of 2019’s net income numbers.

All Japanese companies cooked sales numbers like hell, as each manager wanted to survive.

Also journalists have no idea how hard for Canon had been to make their R5 and R6 cameras, you can see it all in cameras design that had been rushed and very non-optimal due to lot of new inexperienced engineers involved.

No one in Canon actually knows where to find funds and resources to make really new LSI.

All industry actually pray that current idiotic trend for raw and low compression formats will continue, as it does not require advanced LSi or processes.

Here we go again

During a time when it has been crucial for companies to prioritize the values and needs of their customers and employees, Canon U.S.A., Inc., a leader in digital imaging solutions, has remained committed to developing solutions that are designed to support ever-changing business needs. Reflecting this commitment, Canon U.S.A. is proud to share it has been recognized as one of the 2021 World’s Most Ethical Companies for the fourth consecutive year by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices.

Of the 135 honorees spanning 22 countries and 47 industries, Canon U.S.A. is the only company to be recognized within the Imaging Technology industry category, showcasing the company’s strong global standards, business integrity, corporate citizenship and overall brand value. As a result of the company’s positive influence, impact in business communities, and ongoing support during COVID-19, Canon U.S.A. stands out amongst others to the Ethisphere Institute.

“While addressing the tough challenges of 2020, we saw companies lead – above all other institutions – on earning the trust of stakeholders through resilience and a commitment to ethics and integrity,” said Timothy Erblich, CEO, Ethisphere Institute. “The World’s Most Ethical Companies honorees continue to demonstrate an unwavering commitment to the highest values and positively impacting the communities they serve. Congratulations to everyone at Canon U.S.A. for earning the World’s Most Ethical Companies designation.”

Rooted in Ethisphere’s proprietary Ethics Quotient®, the World’s Most Ethical Companies assessment process includes more than 200 questions on culture, environmental and social practices, ethics and compliance activities, governance, diversity and initiatives to support a strong value chain. The process serves as an operating framework designed to showcase the leading practices of organizations across industries around the world. This year, the process was streamlined and set to further gauge how applicants are adapting and responding to the global health pandemic, environmental, social, and governance factors, safety, equity and inclusion, and social justice.

“Over the past few months, Canon U.S.A. has shifted its business to develop solutions and provide high-quality support to our customers to help them navigate through these difficult times,” said N. Scott Millar, senior vice president & general manager, Corporate Human Resources, Audit, Ethics & Business Consultation and senior vice president, Human Resources, Canon Solutions America, Inc. “We are honored to be recognized as one of the World’s Most Ethical Companies by the Ethisphere Institute as it speaks to the ongoing support and developments we have made and reflects our company’s corporate philosophy of Kyosei. We look forward to continuing to develop solutions, participating in corporate social responsibility initiatives and supporting our customers for years to come.”

Bunch of parasites declare themselves ethical for money.