Canon Imaging Group Corporate Strategy
Canon released their Corporate Strategy Conference documents for the Imaging Group:
"Last year, the Imaging Group achieved sales and profit growth and a significant improvement in profitability. As for cameras, our mirrorless camera market share remained stable thanks to our strong market reputation. We also posted strong sales of new products. Through this, our camera business is supporting earnings as a mainstay of Imaging.
As for network cameras, we posted record-high sales thanks to significant growth in AXIS revenue. Additionally, Free Viewpoint Video, which is a new initiative, is expanding its field of activities such as commercials and dramas. It was also well received by professional sports broadcasts in Japan and overseas. Our future growth strategy is to create new businesses while maintaining high profitability in existing ones.
With EOS R and other existing products, we will create new markets and businesses by offering attractive products that anticipate market demands, strengthen our profit structure, activate group synergies, and deliver unprecedented value through products and solutions.
And we aim to achieve sales of 1 trillion yen in the Imaging Group in 2025."
Thanks John!
Just like Nikon, Canon is planning to release 7-8 new RF lenses a year
