CAJ Stock Price, News & Analysis

Canon U.S.A. Inc. has partnered with Immutable Image to launch "The Legends Mint" NFT collection, featuring iconic photographs from its Canon Legends program. This collection will debut on June 30, 2022, using the Solana blockchain and will be available on OpenSea. The initiative aims to provide photographers with a new revenue stream alongside traditional print sales. Each NFT represents unique limited-edition photographs, with the potential for ongoing commissions on resales, marking a significant shift in how photographers can monetize their work.

Canon U.S.A. Inc. introduces the AMLOS (Activate My Line of Sight) System, aimed at enhancing hybrid collaboration, at InfoComm 2022 in Las Vegas (June 8-10). The system allows remote participants to interact seamlessly with in-person attendees using a single camera, controlled by hand gestures. AMLOS is set for a monthly subscription price of $150, with required Canon cameras for optimal use, available in Q3 2022. Canon executives will participate in demonstrations and discussions to highlight AMLOS's potential in remote work and creative collaboration.

Canon U.S.A. has launched FLXfinish+, a new printing solution enabling simultaneous matte and gloss finishes in one pass, enhancing print service providers' capabilities. This technology uses patented UVgel and will be standard on Colorado 1650s and optional for 1630s. Additionally, the Arizona 6100 Mark II, the fastest flatbed printer in its class, boasts speeds up to 220m²/hr. These innovations aim to meet the increasing demand for personalized applications while improving production efficiency.

Canon U.S.A. Inc. announced enhancements to three new models: the imagePRESS Lite C270, C265, and imageRUNNER ADVANCE DX 6855i. These models feature advanced security, user-friendly functionality, and high-quality printing capabilities, targeting enterprise environments for light production projects. The imagePRESS Lite C270 prints 80 PPM in black and white and 70 PPM in color, while the C265 offers 70 PPM in black and 65 PPM in color. Orders are currently being accepted with shipping expected by early June. Canon Inc. reported approximately $30.6 billion in global revenue as of 2021.

Canon U.S.A. announced the launch of the EOS R7 and EOS R10, marking their first APS-C sensor models in the EOS R series. The EOS R7 features 32MP, 15 FPS shooting, and advanced stabilization, while the R10 offers 24MP and is tailored for content creators. Both cameras support 4K video and include new RF-S lenses optimized for APS-C sensors. Canon maintains its leadership in the U.S. mirrorless camera market as of Q1 2022. Pricing starts at $979.99 for the R10 and $1,499.00 for the R7, with availability expected in late 2022.

On May 18, 2022, Canon announced that nine of its products, including the PRISMAcolor Manager, received the prestigious 2022 iF Design Awards. This marks the 28th consecutive year that Canon has been recognized by the iF International Forum Design. Among the award-winning products are the imagePROGRAF TZ-30000 and the EOS R3 camera. The PRISMAcolor Manager's user interface also garnered an award. Sales for the PRISMAcolor Manager are set to launch in the U.S. in Q3 2022, offering various subscription options.

Canon U.S.A. has been recognized as a 2022 ENERGY STAR® Partner of the Year – Sustained Excellence by the U.S. EPA and Department of Energy, marking its seventh consecutive win since 2016. This honor reflects Canon's commitment to energy efficiency, with over 200 ENERGY STAR certified products. The company's strategic partnership with ENERGY STAR spans over 25 years, reinforcing its dedication to environmental responsibility, aligned with its Kyosei philosophy. Canon generated approximately $30.6 billion in global revenue, continuing to showcase its leadership in digital imaging solutions.

Canon U.S.A. announced the launch of six new printers targeting hybrid work environments. The new printers, part of the MAXIFY and imageCLASS lines, are designed to boost productivity for remote and small office workers. Key features include low operating costs, compact design, and high print quality. Notably, the MAXIFY GX5020 can produce approximately 14,000 color sheets for just two cents each. The imageCLASS series includes three new laser models, enhancing Canon's existing offerings. The printers range in price from $99 to $399, available through various retailers.