CAJ Stock Price, News & Analysis

Canon U.S.A. is expanding its offerings with a new imageCLASS X Series to support remote and hybrid work environments. This series includes color and black-and-white multifunction printers, boasting speeds of up to 28ppm and 40ppm, respectively. Designed for compact spaces, these printers integrate with Canon office solutions and offer enhanced security through optional uniFLOW Online. The series is available now, with prices ranging from $599 to $1,595. Canon aims to facilitate the transition between office and home settings while emphasizing digital transformation.

Canon U.S.A., Inc. announces the launch of the EOS Webcam Utility software's full production version, following over 700,000 downloads in beta. This update expands camera compatibility to 42 EOS ILC and PowerShot models, including the new EOS R5 and R6. The software is available worldwide for Windows users and supports multiple video conferencing applications. A new feature allows users to record high-quality video directly onto their camera's memory card while streaming. Canon plans to release a macOS version soon.

Canon U.S.A., Inc. has unveiled the IVY CLIQ+2 Instant Camera Printer and IVY CLIQ2, enhancing the instant printing experience for users. The CLIQ+2 features an 8-megapixel camera, LED selfie mirror, and the Canon Mini Print app for customizable prints, retailing at $149.99. The CLIQ2 offers a 5-megapixel camera and built-in filters for $99.99. Both devices include a starter pack of photo paper and are aimed at Gen-Z and Millennials, promoting creativity and personalization. The new Zink Pre-Cut Circle Sticker paper is also available for $12.99.

Canon U.S.A., Inc. has announced the launch of two new Cable ID Printers, the MK2600 and MK1500, aimed at enhancing workflow across various industries such as manufacturing and telecommunications. The MK2600 boasts a printing speed of up to 40mm/s and features advanced print length adjustments, while the MK1500 operates at 25mm/s. Both printers support multiple print media and include PC connectivity for better data management. Retail prices are set at $2,125.00 for the MK2600 and $1,225.00 for the MK1500, available mid-September.

On September 9, 2020, Canon U.S.A. Inc. launched its upgraded ColorWave and PlotWave large format printer series. This includes two ColorWave models (3600, 3800) and five monochrome PlotWave models (3000, 3500, 5000, 5500, 7500). The printers are designed to enhance creativity and streamline design processes with integrated finishing and scanning solutions. Key features include improved security protocols, user-friendly interfaces, and advanced software like ClearConnect and POWERsync. Canon aims to meet the evolving needs of businesses while ensuring data protection and operational efficiency.

Canon U.S.A., Inc. has introduced the mxHero Secure Scan-to-Email solution to enhance document security and streamline workflow for organizations. This service enables users to replace email attachments from compatible multifunction printers with cloud storage links, ensuring secure and encrypted document delivery. It is available exclusively for Canon's imageRUNNER ADVANCE and imageCLASS devices. The solution offers features like access control, real-time tracking, and supports larger file sizes, facilitating remote work while maintaining high security and productivity.

Canon U.S.A. and its subsidiary I.R.I.S. have launched the IRISXtract V5, a versatile platform aimed at enhancing efficiency in paper-intensive industries such as finance, legal, and healthcare. This all-in-one solution automates the classification and data extraction from various document types, streamlining workflows by integrating with enterprise systems like ERP and ECM. Noteworthy features include advanced scanning capabilities, support for over 138 languages, and customizable modules focused on specific business needs. Canon, with $33 billion in global revenue, continues to innovate in digital imaging solutions.

On September 2, 2020, Canon U.S.A., Inc. announced it received four Keypoint Intelligence - Buyers Lab Summer 2020 Pick awards for its digital imaging solutions. The recognition includes awards for the imageRUNNER 1643 Series, imageCLASS LBP228dw, and imageCLASS LBP325dn printers, as well as the imageFORMULA DR-S150 scanner. The awards underscore Canon's commitment to innovation and high-quality products, aimed at enhancing efficiency for both home and office environments.

On September 2, 2020, Canon U.S.A. announced three new PIXMA printers: the PIXMA TR8620, TR7020, and TS6420, aimed at enhancing home and small business office setups. These printers boast features like easy connectivity, automatic duplex printing, and high-quality photo prints. The TR8620, priced at $179.99, offers advanced functionalities including an ADF. The TS6420 and TR7020, available for $99.99 and $129.99 respectively, focus on compact design and user-friendly operations. The products align with Canon's commitment to meet evolving customer needs amidst increasing work-from-home demands.