CAJ Stock Price, News & Analysis

On September 7, 2022, Canon U.S.A. announced an expansion of its cinema and broadcast product line, including the CINE-SERVO 15-120mm T2.95-3.95 EF/PL lens designed for versatile film and broadcast use. The lens features an 8K optical performance, detachable motor drive unit, and compatibility with various camera systems. Other products include the EU-V3 modular expansion unit for EOS cameras, Cinema EOS firmware updates enhancing live production capabilities, and the DP-V2730, a 27-inch 4K HDR display. All products aim to meet user demands and improve production workflows.

Canon U.S.A. has launched five new camcorders: XA65, XA60, XA75, XA70, and VIXIA HF G70, ideal for diverse uses like documentaries and corporate events. These models capture 4K content, featuring advanced autofocus and multiple recording formats including MP4 and XF-AVC. Priced from $1,249 to $2,999, the XA series will be available starting October 2022, while the VIXIA HF G70 follows in November. Additionally, a firmware update for the XF605 model introduces enhanced broadcasting features and multi-camera integration.

Canon U.S.A., Inc. launched the integrated marketing campaign "Harmony at Work" on September 6, 2022, to address the evolving needs of a post-pandemic workforce. This campaign, in collaboration with McCann Detroit and MRM Media, promotes Canon's diverse solutions for a harmonious workplace. Featuring actor Brett Gelman in TV spots, the initiative highlights innovative products like the MegaTank printer and PIXMA Print Plan, targeting professionals, parents, and students. Canon aims to demonstrate how its technology can alleviate workplace drama and enhance productivity.

Canon U.S.A. has been awarded the title of "Best Office Building" on Long Island for the second time, as per the Long Island Business News Reader Ranking Survey. This recognition celebrates Canon's commitment to environmental sustainability, evidenced by its LEED Gold certification. The corporate headquarters, located in Melville, NY, spans 700,000 square feet and features modern amenities and green spaces. With 40.8% of construction materials sourced from recycled products, Canon continues to promote its philosophy of Kyosei, striving to contribute positively to the community and environment.

Canon U.S.A. announced the launch of two new RF-Mount lenses: the RF24mm F1.8 Macro IS STM and the RF15-30mm F4.5-6.3 IS STM. These compact, lightweight lenses are designed for photography enthusiasts and pair well with the EOS R camera lineup. The RF24mm lens offers features like fast maximum aperture, optical image stabilization, and close-up capabilities, while the RF15-30mm lens provides ultra-wide zoom versatility. Both lenses are priced at $599.99 and $549.99, respectively, and will be available in late August 2022.

Canon U.S.A. introduces the PowerShot PICK Active Tracking PTZ Camera, a hands-free solution for capturing candid photos and videos automatically. Launched on July 12, 2022, the camera features 340 degrees of pan movement, 3x optical zoom, and voice command capabilities. Initially successful in Japan, the product is now available in the U.S. through a collaboration with Indiegogo. Priced at $499.99, shipping is expected to start late summer 2022.

Canon U.S.A. announces the launch of the imageRUNNER ADVANCE DX 4800 Series, featuring models 4845i, 4835i, and 4825i. These multifunction printers offer enhanced scanning capabilities, security features, and cloud integration to support digital transformation. Key improvements include print speeds of up to 45 pages per minute and exceptional scanning speeds of 270 images per minute. The series replaces the previous DX 4745i/4735i/4725i models, and incorporates technology to increase device uptime. Canon's commitment to innovation is reflected in awards for reliability and performance.

Canon U.S.A., Inc. announced that its Executive Vice President and General Manager, Seymour Liebman, has been recognized in the Long Island Press PowerList for the 10th consecutive year. This honor highlights Liebman's significant role in Long Island's innovation economy. The PowerList event took place on June 16, 2022, where Liebman expressed gratitude for the recognition, affirming Canon's commitment to digital imaging innovation. With a global revenue of approximately $30.6 billion, Canon continues to be a significant player in the digital imaging solutions industry.