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.

[pdf-embedder url=”https://www.canonwatch.com/wp-content/uploads/2018/04/conf2018q1e.pdf”]

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: www.arborday.org/takeaction/community-tree-recovery/. To learn more about Canon’s involvement, visit: www.usa.canon.com/arborday.

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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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Canon video shows Exciting Prospects for CMOS Sensors

canon

CanonUSA promotional video highlights the capabilities of Canon’s specialised CMOS sensors.

The video below showcases Canon’s variety of sensors. For several decades Canon has been developing and manufacturing advanced CMOS sensors with state-of-the-art technologies for exclusive use in Canon products. These sensors are a critical driving force behind many of our successful product lines, ranging from consumer products all the way up to high-end business and industrial solutions. These Canon sensors are of the kind featured on the Canon ME20F-SH, a specialised, multipurpose camera system. If you’re curious to learn more about these Canon sensors click here.

Canon’s sensors are so good you can capture a rainbow under moonlight. Watch to see.

Update to Luminar 2018 Brings Snappier Performance, Camera/Lens Profiles, Batch Processing, more

luminar 2018

Skylum released the update for Luminar 2018 (Jupiter). It includes major new features like Camera and Lens Profiles, Batch Processing and a Free Transform tool to the Windows version. Updates to Skylum Luminar 2018 and Aurora HDR 2018 are triggered from inside the application.

We are still offering an exclusive $10 discounts on Luminar 2018 and Aurora HDR:

The press release for the Luminar 2018 update is after break.

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