Canon eyes venturing into medical devices and chip tools - News Summed Up

Canon eyes venturing into medical devices and chip tools


(Jan 15): Canon Inc said it will explore acquisitions in lucrative arenas such as medical devices and chip tools in the coming years, while setting a lower dividend payout target of around 40%. Canon now confronts a rapidly shifting market for the cameras that made it a household name around the world and a capital-intensive semiconductor manufacturing equipment arena. Its customers include chip giants such as Taiwan Semiconductor Manufacturing Co.One question that weighs on investor sentiment is whether Canon can execute a smooth transition after decades of reliance on chairman and chief executive officer Fujio Mitarai. Mitarai, who first became the company’s president in 1995, has yielded that post twice in the past only to retake the role. “Now is not the time to make a concrete announcement” regarding a successor, he said.


Source: The Edge Markets January 15, 2026 10:30 UTC



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