Canon Q1 2018 Financial Results: Increased Profit despite lower overall Sales, thanks to chip making

Canon published the documents about the financial results in Q1 2018.

Things still look good for the industry giant. However, the increased profit is due to Canon’s chip making technology and efforts, as reported by Nikkei Asian Review:

Canon clinched a 4% rise in first-quarter profit despite weakness in its mainstay cameras and office machines, thanks to a chipmaking equipment business thriving on Asian demand for semiconductors.

Group net profit rose to 57.1 billion yen ($522 million) for the three months ended in March, with tighter controls on research and development and other costs also contributing to the higher result, the Tokyo-based company reported Wednesday.

All Canon Q1 2018 documents are available for the public:

For your convenience, the presentation material can be viewed below.


Canon USA Supports the Arbor Day Foundation’s “Replanting Our Forests” Program

Canon press release

Canon U.S.A. Supports the Arbor Day Foundation’s “Replanting Our Forests” Program that Helps Replenish Forests in the U.S.

Canon’s Support Contributed to the Planting or Distribution of 460,000 Trees to Date

MELVILLE, N.Y., April 24, 2018 – With forest fires and severe weather sweeping the country and taking their toll on trees nationwide, Canon U.S.A., Inc., a leader in digital imaging solutions, stays steadfast in its commitment to support the Arbor Day Foundation’s “Replanting Our Forests” program. The Company successfully helped to contribute to the planting or distribution of 460,000 trees in the United States since 2009.

“It is through such initiatives that we demonstrate our dedication to Kyosei, engaging in activities that promote social and environmental responsibility,” says Toyotsugu Kuwamura, executive vice president and general manager, Business Imaging Solutions Group, Canon U.S.A., Inc. “We are thrilled to help the Arbor Day Foundation revitalize forests in the United States in connection with their survival for future generations.”

The Arbor Day Foundation implements reforestation initiatives across the country to rebuild forests that are in desperate need of regrowth. Through this program, Canon helps contribute to the distribution and planting of one tree for every eligible imageRUNNER ADVANCE multifunction system sold from April 1, 2018 to December 31, 2018, up to a maximum of 50,000 trees. With the company’s support, trees this year plan to be planted and distributed in Bastrop Lost Pines Forest in Texas to support wildlife habitat improvement, Superior National Forest in Minnesota to help climate resiliency, and Withlacoochee State Forest in Florida for watershed restoration purposes.

“Canon’s corporate support is an incredible benefit to our program and we thank the team for their ongoing support,” says Dan Lambe, president, Arbor Day Foundation. “Their contributions can be seen through revitalized forests and communities that, until recently, had lost the benefits that a full forest brings to the environment.”

The Kyosei Philosophy

Canon’s corporate philosophy of Kyosei signifies that all people should work together for the common good. Canon seeks to achieve its goals of energy and resource conservation, as well as reducing environmentally hazardous materials used in its products. Canon shares this philosophy through various environmental, conservation, recycling and sustainability initiatives. To continue this initiative at home, Canon employees began to plant and dedicate trees on the Canon Americas headquarter grounds to commemorate certain anniversaries and milestones.

For more information about the communities that the Arbor Day Foundation supports, visit: To learn more about Canon’s involvement, visit:

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Phase One releases major update to Capture One 11 (and we still give you 10% discount)

Capture One 11

Capture One 11 at a glance:

  • Image Processing and Raw File Conversion
  • Instant Tethered Capture and Live View
  • Layered Workflow and Annotations
  • Feather Mask and Refine Edge Tools
  • Catalogs and Sessions, EIP Export
  • Duplicate Checker, Grey Scale Mask Mode
  • Three-Phase Sharpening Tools
  • Updated Color Handling Tools
  • Over 400 Cameras & Raw Files Supported
  • For Mac OS X 10.11.6+ and Windows 10/8/7

Phase One released a major update to their professional photo software, Capture One 11.1.

We can offer you a 10% discount on Capture One 11. All you have to do is to use the coupon code “AMBCW” when checking out from Phase One’s web store.

A rich set of webinars for Capture One are available on YouTube (for free). Some of the webinars are available in German too.

capture one 11Press release:

Phase One Releases Capture One 11.1
Update Provides New Resource Hub, Expanded Camera Support and Improved Workflow

COPENHAGEN, Apr. 19, 2018 – Phase One, the world’s leading manufacturer of high-end digital camera systems, today released Capture One 11.1, a service release to the industry’s premier RAW conversion and image editing software. The release enhances the Capture One user experience, through a new support platform and functionality updates to ensure a faster, smoother workflow. Improved Styles and presets workflow, support for 11 new cameras, including Sony A7 Mk III and Fuji X-H1 and 10 new lenses, including Tamron lenses for both Nikon and Canon, and an all-new Resource Hub are among the latest updates.

“Capture One remains dedicated to the needs of ambitious photographers. These latest updates introduce an extension to camera and lens support, as well as an all-new Resource Hub. The Resource Hub is an in-app portal that allows users to easily access news, tutorials, updates and much more – all designed to inspire photographers and ensure the best workflow and user experience in Capture One,” said Jan Hyldebrandt-Larsen, VP Software Business at Phase One.

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Canon USA announced compact new IVY Mini Photo Printer

IVY Mini Photo Printer

At a glance:

  • ZINK Zero Ink Printing Technology
  • Compact Wireless Design
  • Compatible with iOS and Android Devices
  • Print Size: 2 x 3″
  • Print Speed: Up to 50 Seconds
  • Smudge-Proof, Adhesive-Backed Media
  • Bluetooth 4.0 Connectivity
  • Runs on Rechargeable Li-Ion Battery
  • Canon Mini Print Mobile App

The Canon IVY Mini Photo Printer sells for $129.99: B&H Photo | Adorama | Amazon

Canon press release:

#LiveIRL With Canon U.S.A.’s New IVY Mini Photo Printer

With the Push of a Smartphone Button through the Canon Mini Print App, Print Creative 2×3 Photos and Stickers in Seconds

MELVILLE, N.Y., April 19, 2018 – Today’s consumers are increasingly looking for unique ways to seamlessly blend their personal online brand and real life persona. With internet users having an average of seven social media accounts, products that support connections between people and technology have become ever more important. In that spirit,Canon U.S.A., Inc., a leader in digital imaging solutions, is excited to announce the IVY Mini Photo Printer. Available in Rose Gold, Mint Green and Slate Gray, the IVY Mini Photo Printer empowers the next generation of creators to tell and share their story in real life (IRL) through the power of print in the digital age.

“The proverb ‘good things come in small packages’ couldn’t be more true for the first 2×3 photo printer from Canon U.S.A.” said Kazuto Ogawa, president and chief operating officer, Canon U.S.A., Inc. “It’s our smallest and lightest printer yet, and the company is excited about giving customers more access to creatively connect and instantly share memories than ever before from the palm of their hand.”

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Canon gets six accolades for cameras, Speedlite and a lens in the 2018 TIPA Awards

Tipa Awards

Canon got six 2018 TIPA awards for the Canon EOS 6D Mark II, EOS 200D, EOS M50, PowerShot G1X Mark III, Speedlite 470EX-AI, and the EF 85mm f/1.4L IS lens.

Canon press release:

Canon Celebrates Six Accolades for Cameras and Accessories in the 2018 TIPA Awards

London, UK, Thursday 19th April 2018 – Canon Europe today announces it has been awarded six accolades by the Technical Image Press Association (TIPA). Representing 30 industry magazines from 15 countries across five continents, it is one of the world’s leading photo imaging and press associations. Canon was first commended by TIPA in 1991, and 2018 marks the 24th year it has been recognised for technical innovations to the photography industry. The prestigious panel meet annually to discuss the latest imaging products, and consider a range of criteria including innovation, use of leading-edge technology, design and overall product quality, to select and acknowledge the very best products across the industry.

Four Canon cameras, one lens and a world leading flash have been recognised as industry-leading this year, and were specifically accredited with meeting the diverse image shooting and video production requirements for all customer types and technical capabilities.

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Meike announced their first AF lens for Canon EF mount, MK-85mm f/1.8

MK-85mm F/1.8

Meike announced the company’s first autofocus lens for Canon EF mount, the MK-85mm f/1.8. No pricing nor availability have been disclosed so far.

The MK-85mm f/1.8 lens is for full frame Canon cameras. It features 6 groups with 9 elements, has a 28.5 degree angle of view, a 67mm filter thread,  and a minimum focus distance is 0.85m

[via ephotozine]