WIRE REPORTS

Asian Stocks Rise After US Retail Sales Buoy Recovery Hopes BusinessWeek Canon Inc., which gets 28 percent of its sales from the Americas, climbed 1.9 percent. Honda Motor Co., Japan's No. 2 carmaker, advanced 0.3 percent. ... and more » Japan shares up as weaker yen boosts exporters MarketWatch Shares of Isuzu Motors Ltd. (OTHER:ISUZF) (TSE:JP:7202) tacked on 1.3%, Canon Inc. (TSE:JP:7751) (NYSE:CAJ) added 1.6% and NEC Corp. ... and more » Nikkei hits 7-wk high; exporters lead on weaker yen Reuters TOKYO (Reuters) - The Nikkei average hit a seven-week high on Monday, lifted by exporters such as Canon Inc (7751.T) on a weaker yen, while investors were ... and more » Reportlinker Adds Global Strained Silicon Industry Digital Producer (press release) (subscription) ... Atmel Corporation, AmberWave Systems Corporation, Canon, Inc., CEVA, Inc., Chartered Semiconductor Manufacturing Ltd., Honeywell International, Inc., ... and more » Reportlinker Adds Global Strained Silicon Industry PR Newswire (press release) ... Atmel Corporation, AmberWave Systems Corporation, Canon, Inc., CEVA, Inc., Chartered Semiconductor Manufacturing Ltd., Honeywell International, Inc., ... and more » Mainichi Daily News Digital camera makers tout new durable, user-friendly models at CP+ trade show Mainichi Daily News Canon Inc., which has the largest domestic market share, released its new "IXY 10S" (40000 yen) in February, with a large touch-panel screen covering the ... and more » Strained Silicon - Global Strategic Business Report TMCnet The report profiles 66 companies including many key and niche players such as - Canon Inc. - Mitsubishi Materials Corporation - NEC Electronics Corporation ... and more » Ricoh aims to quadruple operating margin in 5 years Alibaba News Channel Ricoh, which competes with Canon Inc, Xerox Corp and Konica Minolta Holdings Inc, bought International Business Machines Corp's digital commercial printing ... and more » Canon mulls making printers in mainland China China Knowledge Online 12, 2010 (China Knowledge) - Canon Inc, the biggest camera maker in the world, may set up printer manufacturing plants on the Chinese mainland, the Shanghai ... and more » Japan 'Ice Age' Returns as Student Joblessness Soars to Record BusinessWeek The job market slump is particularly troublesome for young people in Japan, where most new hires for companies from Canon Inc. to Mitsubishi Electric Corp. ... and more »

DAILY REPORTS

Feb 12 Japan Economy Probably Grew Most in Almost Two Years Japan's economy probably grew at the fastest pace since the first quarter of 2008 as a global trade revival fueled demand for the nation's exports. Nissan Motor Co. and Canon Inc. are among companies benefiting from stronger global demand as countries poured more than $2 trillion into their economies to spur growth. Those gains have failed to reach consumers at home, where wages are tumbling and household outlays have been propped up by government incentives that are starting to wear off. (BusinessWeek) Jan 25 Nikkei hits 4-wk closing low, earnings in focus Japan's Nikkei average hit a four-week closing low on Monday as exporters such as Toyota Motor Corp (7203.T) slid on a stronger yen and after Google's revenue figures failed to live up to bullish expectations. But earnings-related media reports prompted much of the action in individual stocks, with Canon (7751.T) climbing on a report that its operating profit appears to have topped initial forecasts due to robust camera demand. [ (Reuters) Oct 28 Japanese Stocks Fall on Profit Concerns; Toshiba, Canon Decline Japanese stocks fell for a second day as companies from ship operators to electronics makers reported weaker earnings or cut forecasts. Leopalace21 Corp. plunged 16 percent after the real-estate company predicted a loss from a profit. Kawasaki Kisen Kaisha Ltd. dropped 4.5 percent, leading declines by shipping lines after widening its loss forecast yesterday. (Bloomberg) Oct 27 Canon suffers profit slump Japanese high-tech giant Canon Inc. said Tuesday that its profits more than halved in the three months to September from a year earlier because of poor sales of electronics and a strong yen. The camera and office equipment maker logged a net profit of 36.7 billion yen (400 million dollars) for the third quarter of its business year, down 55.8 percent from a year earlier. (AFP) Oct 14 Nikkei edges down as banks, exporters weigh Japan's Nikkei stock average edged down 0.2 percent, hit by profit-taking after five days of gains and with exporters such as Canon Inc (7751.T) pressured by a stronger yen. Bank shares such as Mizuho Financial Group (8411.T) slid after their U.S. peers fell ahead of earnings reports from several major banks this week, with JP Morgan Chase (JPM.N) reporting on Wednesday and Goldman Sachs (GS.N) on Thursday. (Reuters) Sep 28 Rising yen leads Japan into a tricky balancing act The yen spiked to an eight-month high against the dollar on Monday, weighing on the stock market and casting a spotlight on the tricky economic policy decisions facing the new government in Tokyo. As investors fretted about the pain that a strong currency means for export behemoths like Sony, Canon and Toyota, the benchmark Nikkei 225 stock index dropped 2.5 percent to close just above the 10,000-point mark, a level not seen since July. (New York Times) Sep 9 Dinosaurs storm Japan Japanese company Canon Inc. is introducing a new exhibition on Augmented Reality technology that allows virtual simulation of ancient dinosaurs. Though extinct for millions of years, the dinosaurs come to life in at Makuhari Messe, an international convention complex in Japan. (thefutureofthings.com) Sep 3 Is Japan gunning for Intel? Japanese business magazine Nikkei Business News reports that a mighty pack of household-name technology firms have joined forces to create a groundbreaking new microprocessor standard. The all-star list of contributors includes Toshiba, Panasonic, Hitachi, and Canon -- a list of adversaries that would strike fear into the heart of anybody, including the mighty Intel. (Motley Fool) Jul 30 Warnings from bellwethers of Japan industry Canon and Hitachi, two of Japan's largest electronics companies, yesterday reported weak results and warned that they expected economic recovery to be slow. Hitachi, the electrical conglomerate known as the "GE of Japan", reported a first-quarter net loss of ¥82.7bn ($876m) and said that "extremely low levels of consumption and production meant that the severe conditions continued". (FT.com) Jun 18 Catholic council urges clergy to refrain from lay judge duty The Catholic Bishops' Conference of Japan on Thursday urged clergy not to become citizen judges since doing so may go against the canon law of the Roman Catholic Church, its officials said. The Code of Canon Law stipulates that clerics are forbidden to assume duties that entail participation in the exercise of civil power. (AP) May 31 Hoping Japanese Canon workers don't become the new model for the corporate world! "Lets rush -- if we don't then the company and world will perish." Those chilling Orwellian words are printed across the floors of a large Canon Electronics factory in Japan. A stark reminder to factory workers to pick up their pace, as they are nothing more than cogs in a machine who are easily replaced. (chattahbox.com) May 31 Pigs, pimps, prostitutes and other things - Japan's New Age Fifty years is a long time, especially in film history. The iconoclastic Japanese New Wave, born with the release in 1959 of Nagisa Oshima's debut feature, "A Town of Love and Hope," is now an established part of Japan's cinematic canon. And in contrast to the French Nouvelle Vague, several of whose practitioners are alive and working, the Japanese Nuberu Bagu (a katakana reading) looks, at first sight, like a thing of the past. (Japan Times) Apr 18 Japan birthrate fall world's No. 1 Japan is graying and its birthrate is falling faster than any other country in the world, a government white paper warned Friday. People aged 65 or older accounted for 22.1 percent of Japan's total population as of last October, while those aged up to 14 represented only 13.5 percent of the total. (Japan Times) Apr 15 For Japanese Students, Boring Careers Are Looking Pretty Good Heading en masse to new positions in Japan's major corporations, fresh university graduates in black suits have become as common a sight in Tokyo as April's cherry blossoms. But this year, things are different. According to a closely watched annual survey, the companies that were once synonymous with Japan Inc. - Toyota, Sony, Sharp and Canon - have lost their luster as potential employers. For those seeking secure jobs-for-life, students are instead looking to relatively low-risk industries such as railroads and public utilities. (Time) Mar 31 Japan: An experience of the body, mind and spirit Escape to Japan, an extraordinary destination where you'll become a part of its admirable culture and realize the most treasured legacies that are still alive in today's modern world. Absorb the peaceful surroundings and remnants of its heritage built on the canons of humanity and spirituality in many of the ancient streets, shrines and temples, stroll gardens, mountainsides and hot springs. During your journey, you'll encounter the country's strong Zen Buddhism and Shinto influences that have permeated the daily lives of the Japanese, passing valuable teachings through the generations. (International Business Times) Feb 14 Kickbacks paid for Canon inc. contracts Construction company Kajima Corp. and another firm paid huge kickbacks to a friend of Canon Inc. Chairman Fujio Mitarai as a reward for helping them win contracts from Canon worth more than 100 billion yen, sources said. (Asahi) Feb 8 New jobless may lack safety net Koji Hirano said his "mind went blank" with disbelief when he and other workers at a Canon digital camera factory in this southern city were suddenly called into a cafeteria in late October and told they were being laid off. The shock turned to fear when they were also ordered to vacate their employer-provided apartments, a common job benefit here. With no savings from his monthly take-home pay of as little as $700, he said, he faced certain homelessness. (New York Times) Jan 28 Canon sees two-thirds profit drop in 2009 Japanese high-tech giant Canon Inc. warned Wednesday the economic crisis would drive down profits by two-thirds in 2009, after a 91 percent plunge in the fourth quarter of last year. Unlike some rivals Canon, which is often hailed as a success story in Japan's recovery from the 1990s recession, expects to avoid falling into loss thanks to the popularity of its high-end digital cameras. (AFP) Jan 28 Canon sees 7 pct decline in 2009 digicam sales Japan's Canon Inc (7751.T) said on Wednesday it targets digital camera sales of 23.9 million units in 2009, down 7 percent from 25.6 million units in 2008. (Reuters) Jan 11 Canon had slow holiday sales, sees rough 2009 The chairman of Canon Inc (7751.T), the world's largest digital camera maker, said on Sunday the company's year-end holiday sales were "disappointing" and expected a difficult 2009 as an economic downturn hits consumer demand. (Reuters) Jan 9 A peek inside Canon's top secret camera facility At the heart of modern Tokyo stands Japan's majestic, ancient and moat-defended Imperial Palace, home to generations of Japanese royalty and one of the most inaccessible places in the country. On only two days of every year -- the Emperor's birthday and New Year's Greeting Day on Jan. 2 -- can the general public enter the palace's sealed-off inner gardens. And yet, when it comes to closely-guarded secrecy, the Imperial Palace has got nothing on Japanese camera giant Canon. (Toronto Sun) Dec 11 Japan recession hampers effort to aid sacked temporary workers Temporary workers have been the first to bear the brunt of Japan's recession, as manufacturers including Canon, Sony Corp. and Toyota Motor Corp. cut production and eliminate jobs that fall outside the country's lifetime employment system. (Bloomberg) Nov 11 Japan's Economy Probably Barely Grew as Global Crisis Deepened Japan's economy probably barely grew last quarter as a deepening global slowdown and weak demand at home edged the nation closer to its first recession in six years. (Bloomberg) [ More... ]