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Concept
Canon Inc.
Summary
Canon Inc. (キヤノン株式会社; Hepburn: hepburn) is a Japanese multinational corporation headquartered in Ōta, Tokyo, specializing in optical, imaging, and industrial products, such as lenses, cameras, medical equipment, , printers, and semiconductor manufacturing equipment.
Canon has a primary listing on the Tokyo Stock Exchange and is a constituent of the TOPIX Core 30 and Nikkei 225 indexes. It used to have a secondary listing on the New York Stock Exchange.
The company was originally named hepburn (精機光学研究所). In 1934 it produced the Kwanon, a prototype for Japan's first-ever 35 mm camera with a focal-plane-based shutter. In 1947, the company name was changed to Canon Camera Co., Inc., shortened to Canon Inc. in 1969. The name Canon comes from Buddhist bodhisattva hepburn (観音), previously transliterated as Kuanyin, Kwannon, or Kwanon in English.
The origins of Canon date back to the founding of Precision Optical Instruments Laboratory in Japan in 1933 by Takeshi Mitarai, Goro Yoshida, Saburo Uchida and Takeo Maeda. It became the company Precision Optical Instruments, Co., Ltd. in 1937. During its early years, the company did not have any facilities to produce its own optical glass, and its first cameras incorporated Nikkor lenses from Nippon Kogaku K.K. (the later Nikon Corporation).
Between 1933 and 1936, 'The Kwanon', a copy of the Leica design, Japan's first 35 mm focal-plane-shutter camera, was developed in prototype form. In 1940 Canon developed Japan's first indirect X-ray camera. Canon introduced a field zoom lens for television broadcasting in 1958, and in 1959 introduced the Reflex Zoom 8 and the Canonflex.
In 1961, Canon introduced the Rangefinder camera, Canon 7, and 50mm 1:0.95 lens in a special bayonet mount. In 1964 Canon introduced the 'Canola 130', the first Japanese made 10-key calculator, a substantial improvement on the design of the British Bell Punch company, which introduced the first fully electronic calculator two years earlier with the Sumlock Anita Mark 8 unit.
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