Canon began the night describing its global position to attendees, explaining its 2016 fiscal year generated net sales of $29.2 billion (profit of $1.3 billion) through 367 consolidated subsidiaries and 197,673 employees around the world.
The global group in 2016 generated 53.2 percent of its revenue through the printing segment, which accounts for office and production printers, including wide-format. Slightly more than 32 percent of the revenue was generated in imaging systems such as cameras and projectors, while medical, security, micrometers comprise the company’s remaining 17 percent of revenue generation.
The company then focused on its inkjet position with the Océ Varioprint i300 and new ProStream inkjet press technology. In terms of short-run packaging initiatives, Canon described its new Océ Arizona 6100 Series with High Flow Vacuum, which features completely new vacuum systems for printing on difficult materials like corrugated cardboard, plywood and light and medium density fiberboard, among others.
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