Technology-based Diversification
Canon has grown through technology-based diversification. Initially a camera manufacturer, Canon enhanced its technological capabilities in such areas as optics, electronics, communication and chemicals, which enabled the company to enter the business machines business. In this way, Canon has made products in accordance with the demands of the times. Over the past 10 years, our information-oriented society has fueled rapid advances in the digitization of all technologies. And at Canon, through repeated innovations in development and production technology, we have carried out the digitization of our cameras and copying machines. At the same time, we have made progress in strengthening existing businesses through our networks and services as we follow changes in social infrastructures.
