There’s no way around it. The past couple of years had been rough on the camera industry.
We talked about the statistics and forecasts in a previous article, and the numbers did look grim, especially with the pandemic and a global chip shortage slowing manufacturing down.
However, there’s a blimp of hope in Canon’s official figures that indicates the future may not be as bad as the experts are predicting.
This is a list of 32 up-to-date Canon facts and statistics for 2022.
Let’s start with the history of Canon, the company.
The History of Canon
Quick facts via Canon.com:
1933 – Canon began with the establishment of Precision Optical Instruments Laboratory in 1933, It became the company Precision Optical Instruments, Co., Ltd. in 1937.
1940 – Canon develops it’s first indirect x-ray camera
1961 – Canon introduces it’s first rangefinder camera, the Canon 7:
1965 – Canon introduces the Canon Pellix, their first SLR camera:
1971 – Canon introduces the Canon F-1, a high-end SLR camera, marking the beginning of the Canon FD lens mount.
1992 – Canon introduces the Canon EOS 5, their first digital camera.
The Latest Canon Camera Facts and Sales Statistics
The lion’s share of the market belonged to Canon in 2020 with 47.9%, a 2.5%+ uptick from 2020. (Nikkei)
Note that is for “digital cameras,” as we’ve noted in our recent post on Instant Film Cameras Statistics, Fujifilm actually outsold every camera manufacturer combined (according to data in 2019) with the success of their Instax line of instant film cameras.
Canon leads in all digital camera sales including compacts, DSLRs, and mirrorless cameras in America. (NPD Group)
In the Japanese market, Canon leads in DSLR sales with a 59.8% share but comes only second in mirrorless sales with 28%, next to Sony’s 32%. (BCN Awards)
Two APS-C cameras, the EOS R7 and R10 are joining the EOS R system in September 2022 (Canon Asia)
Canon manufactured its 150-millionth lens last January 2021. (Digital Camera World)
Basing off of CIPA’s Figures, Canon sold around 3.2 million cameras in 2021. (PetaPixel)
Canon’s net sales for 2021 ramped up to ¥3,513.4B ($30.55B), an 11.2% increase from 2020. (Canon Financial Statements 2021)
The imaging business unit only accounts for 19% of Canon’s net sales figure, or ¥653.5 billion. (Canon Sustainability Report, 2022)
The printing business unit accounted for the majority of Canon’s net sales at 55% or ¥1,938.8B. (Canon Sustainability Report, 2022)
Accounting for 14%, or ¥480.4B, is Canon’s medical business unit. (Canon Sustainability Report, 2022)
Canon’s industrial business unit, producing manufacturing machinery and driving innovation in tech contributed 16% in net sales or ¥545.7B. (Canon Sustainability Report, 2022)
The latest forecasts for Canon’s net sales for 2022 are at ¥3,870, or a 10.2% increase. (Canon Financial Statements 2021)
The Americas accounted for 28% of Canon’s net sales for 2021. Japan has 24%, Europe 25%, while Asia and Oceania accounted for 23%. (Canon Financial Statements 2021)
In 2021, Canon’s capital expenditure grew to ¥179B, around ¥18B more than the previous year. (Canon Financial Statements 2021)
Canon pays U.S. employees 193% more than local leading manufacturing companies (Canon Financial Statements 2021)
Canon’s consolidated operating profit for 2021 is ¥281.9 (Canon Financial Statements 2021)
Men and women in non-management earn between 100-117k per year. Those in management earn between 100-106k per year. (Canon Global Labor Data)
Canon spent a total of ¥2.2B on social contribution activities such as disaster relief programs and humanitarian aid. (Canon Global)
By the end of 2021, Canon had a ¥321B DEBT (Canon Financial Statements 2021)
Canon spent ¥287.3B in Research & Development last 2021. (Canon Sustainability Report, 2022)
Canon’s R&D expenses to Net Sales ratio came in at 8.2%. (Canon Sustainability Report, 2022)
For the fifth consecutive year, Canon still holds the no. 3 spot in the top patent holders by company in the U.S. (Canon Sustainability Report, 2022)
Canon acquired 3,021 U.S. patents in 2021 (IFI CLAIMS Patent Services)
The combined greenhouse gas emission at Canon’s operational sites, in and outside Japan, totaled 990,000t-CO2. (Canon Sustainability Report, 2022)
In 2021, Canon recorded a 42% improvement in lifecycle CO2 emissions per product compared to 2008. (Canon Sustainability Report, 2022)
Canon Group employs 184,034 people across Japan, Americas, Europe, Asia and Oceania. (Canon Sustainability Report, 2022)
At Canon, 16% of employees are females. 3% of women in Canon hold managerial roles. (Canon Sustainability Report, 2022)
Canon is in its second year of its Excellent Global Corporation Plan’s Phase VI, now focusing on “accelerating productivity improvements and corporate portfolio transformation through new business creation.” (Canon Sustainability Report, 2022)
Kyosei — Canon’s corporate philosophy. A Japanese word that describes the aspiration to create a society in which all people, regardless of race, religion, or culture can live and work together for the common good. (Canon Global)
Canon recycled 444,000 tons of toner cartridges and 2,600 tons of inkjet cartridges in 2021. (Canon Sustainability Report, 2022)
Canon converted shipping containers into mobile testing facilities, fitted with a CT scanner, an operating room, and a generator as part of its COVID response initiatives. (Canon Sustainability Report, 2022)
Canon developed a world-first, 3.2-megapixel single photon avalanche diode (SPAD) sensor, which can “capture clear images even in dark environments.” (Canon Sustainability Report, 2022)