Corporate timeline of Canon Inc., tracing its founding in 1937 as a precision optical company, key product innovations like the AE-1 camera and inkjet printers, international expansion, and its evolution into a global leader in imaging and printing technology.
Chronological Storyline (42 Milestones)
Aug 1, 1933 CE
Precision Optical Instruments Laboratory Founded
Goro Yoshida and Saburo Uchida establish the Precision Optical Instruments Laboratory in Tokyo, Japan, aiming to develop high-quality 35mm cameras. This laboratory is the direct predecessor of Canon Inc. #history #photography )
Precision Optical Instruments Laboratory Founded By Asanagi - Own work, CC0, https://commons.wikimedia.org/w/index.php?curid=151864374
1934 CE
First 35mm Camera Prototype: Kwanon
The laboratory creates Japan's first 35mm focal-plane shutter camera prototype, named 'Kwanon' after the Buddhist goddess of mercy. The camera's lens is branded 'Canon' (a corruption of Kwanon). #innovation #camera )
Aug 10, 1937 CE
Canon Founded as Precision Optical Industry Co., Ltd.
Precision Optical Industry Co., Ltd. is officially incorporated with capital of 1 million yen, marking the formal foundation of Canon. The company focuses on manufacturing 35mm cameras. #history #founding )
1939 CE
First Canon Brand Camera Released: Hansa Canon
The company releases the Hansa Canon, the first camera sold under the Canon brand. It uses a Nikkor 50mm f/3.5 lens from Nippon Kogaku (later Nikon). #vintage #camera
1945 CE
Post-War Reconstruction Begins
After World War II, Canon resumes production under Allied occupation. The company shifts focus to producing precision optical instruments and cameras to rebuild its business. #recovery #history )
1947 CE
Company Renamed Canon Camera Co., Ltd.
The company changes its name to Canon Camera Co., Ltd., reflecting the growing popularity of the Canon brand. The name is officially standardized as 'Canon' worldwide. #branding #corporate )
1955 CE
International Expansion: New York Office Opened
Canon opens its first overseas sales office in New York City, marking the beginning of global market expansion. The move targets the lucrative American camera market. #global #expansion )
1959 CE
Reflex Zoom 8: First Video Camera
Canon introduces the Reflex Zoom 8, the company's first movie camera, entering the video recording market. #video #technology )
1961 CE
Canonet Series Launch: Affordable Rangefinder Cameras
Canon introduces the Canonet series of compact rangefinder cameras, which become highly popular among amateur photographers due to their affordability and quality. #photography #innovation
Canonet Series Launch: Affordable Rangefinder Cameras By Junkyard_kahrs (talk) (Uploads) - Own work, Public domain, https://commons.wikimedia.org/w/index.php?curid=144469240
1964 CE
Canola 130: First Electronic Calculator
Canon launches the Canola 130, the world's first 10-key electronic calculator, diversifying from cameras into office equipment and computing. #calculator #technology )
1969 CE
Company Renamed Canon Inc.
The company adopts its current name, Canon Inc., to reflect its expanding product lines beyond cameras into office equipment and other areas. #corporate #rebranding )
1970 CE
First Plain Paper Copier: NP-1100
Canon introduces the NP-1100, its first plain paper copier using new technology (Canon's own NP copying process), entering the office equipment market and competing with Xerox. #office #copy )
1971 CE
FD Lens Mount Introduced
Canon introduces the FD lens mount for its SLR cameras, a bayonet mount that becomes a standard for Canon's manual focus camera system. #photography #lenses
FD Lens Mount Introduced By Rama - Own work, CC BY-SA 2.0 fr, https://commons.wikimedia.org/w/index.php?curid=2768332
1976 CE
AE-1 Camera: World's First Microcomputer-Equipped SLR
Canon launches the AE-1, a groundbreaking SLR camera with an embedded microcomputer for automatic exposure control. It becomes a massive commercial success and a milestone in camera history. #innovation #camera
AE-1 Camera: World's First Microcomputer-Equipped SLR By Charles Lanteigne - Own work, CC BY-SA 3.0, https://commons.wikimedia.org/w/index.php?curid=23915880
1979 CE
First Laser Printer: LBP-10
Canon introduces the LBP-10, the world's first laser printer, using an electrophotographic engine. This lays the foundation for Canon's dominance in printing technology. #printing #technology )
1981 CE
First Inkjet Printer: BJ-80
Canon launches the BJ-80, the world's first inkjet printer using a bubble-jet technology. This innovation leads to affordable home printing. #inkjet #printing )
1984 CE
Slogan 'The Mind of Canon' Adopted
Canon introduces the corporate slogan 'The Mind of Canon' to reflect its commitment to innovation and thought leadership in imaging and information technology. #branding #slogan )
1987 CE
EOS Camera System Introduced
Canon launches the Electro-Optical System (EOS) for autofocus SLR cameras, featuring the EF lens mount. The EOS system becomes the standard for Canon's professional and consumer cameras. #camera #autofocus
EOS Camera System Introduced By Vargklo - Own work, Public domain, https://commons.wikimedia.org/w/index.php?curid=16453177
1988 CE
New Corporate Logo Adopted
Canon updates its corporate logo to the current red and white design with a curved 'C', aiming to present a modern, global image. #branding #logo )
1990 CE
Canon Launches First EOS SLR: EOS 5
Canon releases the EOS 5, its first autofocus SLR camera under the EOS system. It features advanced autofocus and becomes a hit. #camera #eos
1993 CE
First Digital Still Camera: RC-260
Canon releases the RC-260, a digital still camera aimed at the professional market. It records images on a removable memory card. #digital #camera )
1995 CE
PowerShot Digital Camera Line Introduced
Canon launches the PowerShot line of compact digital cameras, making digital photography accessible to consumers. The series becomes highly popular. #digital #photography
PowerShot Digital Camera Line Introduced By Morio - Own work, CC BY-SA 3.0, https://commons.wikimedia.org/w/index.php?curid=13321170
1996 CE
Canon Enters Medical Imaging Market
Canon begins developing digital X-ray systems and other medical imaging equipment, leveraging its optics and sensor technologies. #medical #imaging )
2000 CE
Canon Introduces EOS D30: First DSLR with CMOS Sensor
Canon releases the EOS D30, the company's first digital SLR camera with a CMOS sensor instead of CCD, setting a new standard for image quality and low noise. #dslr #innovation
Canon Introduces EOS D30: First DSLR with CMOS Sensor By Valtteri Vuorikoski - Own work, CC BY-SA 3.0, https://commons.wikimedia.org/w/index.php?curid=2680090
2002 CE
Acquisition of Information System Companies
Canon acquires several companies to strengthen its information systems business, including the IT services firm Canon Information Systems. #acquisition #strategy )
2004 CE
EOS 1D Mark II and 20D Released: Professional DSLRs
Canon launches the EOS 1D Mark II and EOS 20D, solidifying its leadership in professional and enthusiast DSLR markets. #dslr #professional
2006 CE
Acquisition of Oce N.V.
Canon acquires the Dutch printing company Oce N.V. for €1.1 billion, expanding its presence in large-format printing and office solutions. #acquisition #printing )
2008 CE
EOS 5D Mark II: First DSLR to Record 1080p Video
Canon releases the EOS 5D Mark II, the first DSLR capable of recording full HD 1080p video, revolutionizing filmmaking and photography. #video #dslr
EOS 5D Mark II: First DSLR to Record 1080p Video By Charles Lanteigne; edited by jjron (increased canvas size) - Own work, CC BY-SA 3.0, https://commons.wikimedia.org/w/index.php?curid=16793091
2010 CE
Canon Begins Manufacturing in India
Canon opens a factory in India to produce printers and cartridges, serving the growing domestic demand and expanding its manufacturing footprint. #manufacturing #india )
2012 CE
Acquisition of MIVIA Inc.
Canon acquires MIVIA, a US-based security camera and network video surveillance company, to strengthen its network video solutions business. #acquisition #security )
2013 CE
Canon Releases EOS 70D with Dual Pixel CMOS AF
Canon introduces the EOS 70D with Dual Pixel CMOS AF technology, enabling smooth and fast autofocus during video recording, a significant innovation. #technology #autofocus
Canon Releases EOS 70D with Dual Pixel CMOS AF By User:Martin Kraft - Own work, CC BY-SA 3.0, https://commons.wikimedia.org/w/index.php?curid=27956196
2014 CE
Acquisition of Axis Communications
Canon acquires the Swedish network video company Axis Communications for $2.8 billion, becoming a major player in network surveillance. #acquisition #surveillance )
2015 CE
Canon Enters Healthcare with Medical Systems
Canon establishes Canon Medical Systems Corporation after integrating Toshiba Medical Systems (acquired in 2016) and existing medical operations, focusing on diagnostic imaging. #medical #healthcare
2016 CE
Acquisition of Toshiba Medical Systems
Canon completes the acquisition of Toshiba Medical Systems Corporation for $5.9 billion, becoming a global leader in medical imaging equipment. #acquisition #medical
Canon celebrates its 80th anniversary and completes the Daiichi-Kan (Building 1) at its headquarters in Ota, Tokyo, symbolizing its continued growth. #anniversary #corporate )
2018 CE
Canon Releases EOS R: First Full-Frame Mirrorless Camera
Canon enters the full-frame mirrorless market with the EOS R system, featuring the new RF lens mount, competing with Sony and Nikon. #mirrorless #camera
Canon Releases EOS R: First Full-Frame Mirrorless Camera By [Tycho] talk , http://shansov.net - Own work, CC0, https://commons.wikimedia.org/w/index.php?curid=73726712
2019 CE
Canon Launches EOS-1D X Mark III: Flagship DSLR
Canon announces the EOS-1D X Mark III, its flagship DSLR for professional sports and news photography, featuring improved AF and 20fps burst. #professional #dslr
Canon Launches EOS-1D X Mark III: Flagship DSLR By Harrison Jones - Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=92037657
2020 CE
Canon Develops 'Free Viewpoint' Video Technology
Canon showcases free viewpoint video technology, allowing viewers to change angles during playback, initially used for sports broadcasting. #video #technology )
2021 CE
Canon Acquires Ngenn, a Biotech Company
Canon acquires the UK-based biotech firm Ngenn, adding genetic testing and diagnostic capabilities to its healthcare portfolio. #acquisition #biotech )
2022 CE
Canon Reorganizes into Three Business Groups
Canon restructures its operations into three divisions: Printing, Imaging, and Medical, to streamline management and focus on core growth areas. #corporate #restructuring )
2023 CE
Canon's Net Sales Exceed 4 Trillion Yen
Canon reports annual net sales of over 4 trillion yen (approx. $30 billion), driven by strong demand in medical and printing businesses. #financial #revenue )
2024 CE
Canon Develops 'Flat Panel Detector' for Radiography
Canon introduces a new flat panel detector for digital X-ray systems with higher sensitivity and reduced radiation exposure, advancing medical imaging. #medical #imaging