CAJ - CAJ STOCK NEWS

Canon U.S.A. announced the addition of five new photographers to its Explorers of Light (EOL) program, aimed at enhancing education and creativity in photography. The new members, effective July 1, include Blair Bunting, Laretta Houston, Krisanne Johnson, Natalie Keyssar, and Keith Ladzinski. This initiative continues Canon's commitment to evolving photography through collaboration and innovation, celebrating over 25 years of the EOL program. The company, with global revenue of approximately $33 billion, emphasizes social and environmental responsibility as part of its core mission.

On July 19, 2021, Canon Canada launched its Futures by Canon Creator Lab, a yearlong incubator program aimed at enhancing the creative skills of young Canadians aged 18 to 24. The program will select 20 participants who will receive mentorship from industry professionals, including Canon Ambassadors. They will gain technical skills and business insights, while also working on projects featuring Eddie Bauer products. Participants will receive Canon gear and attend a retreat in October 2021. Applications are open until August 16, 2021, with selections announced on September 2, 2021.

Canon U.S.A. announced the RF14-35mm F4 L IS USM lens, providing ultra-wide-angle coverage for full-frame EOS R-series cameras. Launched at an estimated retail price of $1,699.00, this lens features the broadest zoom range in Canon's wide-angle offerings. Weighing only 1.2 lbs., it boasts Optical Image Stabilization, achieving up to 7 stops of shake correction with compatible cameras. Designed for diverse photography needs, the lens supports regular 77mm filters and offers excellent low-light performance. Available in August 2021, it is marketed towards landscape and travel photographers, enhancing their shooting capabilities.

Canon U.S.A. Inc. has launched the Arizona 135 GT UV flatbed printer, designed for sign makers and print service providers. This printer offers high image quality, impressive productivity, and application versatility at a competitive price. Key features include VariaDot grayscale printing technology, the ability to handle large substrates, and fast print speeds of up to 368 ft²/hour. It supports a wide range of materials, including rigid and flexible media, enhancing creativity through Arizona Xpert prepress software, which helps reduce design errors. The printer also boasts sustainability with reduced ink consumption and energy-efficient operations.

Canon U.S.A., Inc. has launched the imageRUNNER ADVANCE DX C568iF Series, featuring four new high-speed A4 color models. Capable of printing up to 60 pages per minute, these models are designed for efficiency, with advanced scanning and intuitive usability. The series includes robust security features and is cloud-ready, supporting hybrid work environments. Notably, they utilize solid-state drives for quick start-up and improved uptime. Canon aims to meet the evolving needs of businesses with this innovative solution, enhancing document workflows and print quality.

On June 8, 2021, Canon U.S.A. announced the introduction of new automation modules for the imagePRESS C10010VP Series: the Sensing Unit and Inspection Unit, along with a Cooling Unit. These innovations enhance quality control and efficiency in print production, allowing for minimal operator intervention. The Sensing Unit automatically adjusts color and registration, while the Inspection Unit monitors for defects, optimizing print quality. The modules are scheduled for availability in July and August 2021 through authorized dealers.

On June 7, 2021, Canon U.S.A. was selected by NBC Olympics to supply a diverse range of 4K UHD and HD lenses for the XXXII Olympiad in Tokyo, scheduled from July 23 to August 8. The collaboration emphasizes Canon's advanced imaging technology, including the UHD-DIGISUPER 90 lens, ensuring high-quality broadcasts. Technicians will be on site to maintain equipment functionality. Canon's selection showcases its prominence in the digital imaging sector, reflecting an ongoing partnership with NBC Olympics.

Canon Virginia, Inc. announced the retirement of president and CEO Mr. Toru Nishizawa, effective June 30, 2021, after 41 years with the company. He has been instrumental in transforming Canon Virginia into a regional technical headquarters and expanding its manufacturing capabilities, overseeing a 900,000 sq. ft. facility expansion and R&D development. Mr. Shingo Shigeta will take over as President and CEO. Canon U.S.A., Inc., the parent company, reported global revenues of approximately $30.4 billion and continues to emphasize innovation and environmental responsibility.

Canon U.S.A., Inc. announces firmware updates for several Cinema EOS cameras, including the EOS C70, C300 Mark III, and C500 Mark II, enhancing workflow and lens compatibility. Key features include BT.709 Standard Gamma, XC Protocol for live production control, and support for various EF lenses. Updates for the EOS R5 are also included. Firmware downloads are expected on June 30, 2021, for the EOS R5 and C70, and July 30, 2021, for C300 Mark III and C500 Mark II. These enhancements aim to improve shooting flexibility and production efficiency.