CANON INC chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 3,513.93
Dividend & Yield120.00¥ (3.49%)
Beta 0.54
Market capitalization 3.49T
Operating cash flow 307B
ESG Scores 17.0

Company description

Canon Inc., together with its subsidiaries, manufactures and sells office multifunction devices (MFDs), plain paper copying machines, laser and inkjet printers, cameras, diagnostic equipment, and lithography equipment. The company operates through four segments: Printing Business Unit, Imaging Business Unit, Medical Business Unit, and Industrial and Others Business Unit. The Printing Business Unit segment offers office MFDs, document solutions, laser multifunction printers, laser printers, inkjet printers, image scanners, calculators, digital continuous feed presses, digital sheet-fed presses, and large format printers. The Imaging Business Unit segment provides interchangeable-lens digital cameras, digital compact cameras, interchangeable lenses, compact photo printers, network cameras, video management and video content analytics software, digital camcorders, digital cinema cameras, broadcast equipment, and multimedia projectors. The Medical System Business Unit segment offers computed tomography systems, diagnostic ultrasound systems, diagnostic X-ray systems, magnetic resonance imaging systems, clinical chemistry analyzers, digital radiography systems, and ophthalmic equipment. The Industry and Others Business Unit segment provides semiconductor lithography equipment, flat panel display lithography equipment, vacuum thin-film deposition equipment, organic light-emitting diode display manufacturing equipment, die bonders, handy terminals, and document scanners. The company also provides maintenance services; and supplies replacement drums, parts, toners, and papers. It sells its products under the Canon brand through subsidiaries or independent distributors to dealers and retail outlets, as well as directly to end-users globally. Canon Inc. was founded in 1933 and is headquartered in Tokyo, Japan.

Sector: Technology - Industry: Computer Hardware

Financial Ratios
Quick Ratio1.16
Working Capital0.26
Return On Equity0.07
Debt To Equity0.06
Fixed Asset Ratio0.08
Fixed Interest Cover465.21

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities -31.21B -35.51B -4.64B 52.14B
Total Cashflows From Investing Activities -195.62B -228.57B -155.44B -207.26B
Net Borrowings -133.15B -3.48B -3.9B -174.63B
Total Cash From Financing Activities -354.83B -232.59B -183.45B -267.37B
Change To Operating Activities -14.7B -3.98B -33.01B -50.15B
Issuance Of Stock
Net Income 252.44B 124.96B 83.32B 214.72B
Change In Cash -201.17B -107.83B -5.13B -6.29B
Effect Of Exchange Rate -16.02B -5.13B -47M 17.3B
Total Cash From Operating Activities 365.29B 358.46B 333.81B 451.03B
Depreciation 251.55B 237.33B 227.82B 221.25B
Change To Account Receivables -17.72B 43.5B 15.12B 44.68B
Other Cashflows From Financing Activities -43.5B -7.61B -2.61B -3.83B
Change To Netincome 21.97B -5.46B 29.07B 5.4B
Capital Expenditures -191.4B -215.67B -164.72B -177.35B

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development 315.84B 298.5B 272.31B 287.34B
Income Before Tax 362.39B 195.49B 130.28B 302.71B
Net Income 252.44B 124.96B 83.32B 214.72B
Selling General Administrative 1.16T 1.12T 979.49B 1.04T
Gross Profit 1.84T 1.61T 1.38T 1.63T
Ebit 359.14B 186.83B 124.06B 300.99B
Operating Income 359.14B 186.83B 124.06B 300.99B
Interest Expense -797M -1.04B -854M -647M
Income Tax Expense 96B 56.15B 34.34B 71.87B
Total Revenue 3.95T 3.59T 3.16T 3.51T
Cost Of Revenue 2.12T 1.98T 1.78T 1.89T
Total Other Income ExpenseNet 3.26B 8.67B 6.22B 1.72B
Net Income From Continuing Ops 266.4B 139.35B 95.94B 230.84B
Net Income Applicable To Common Shares 252.44B 124.96B 83.32B 214.72B

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 1.88T 1.89T 1.84T 1.65T
Total Stockholder Equity 2.83T 2.69T 2.58T 2.87T
Other Current Liabilities 334.82B 272.22B 294.42B 339.41B
Total Assets 4.9T 4.77T 4.63T 4.75T
Common Stock 174.76B 174.76B 174.76B 174.76B
Other Current Assets 3.14B 351M 533M 65M
Retained Earnings 3.58T 3.52T 3.48T 3.61T
Treasury Stock -1.33T -1.42T -1.48T -1.31T
Cash 520.64B 412.81B 407.68B 401.39B
Total Current Liabilities 1.03T 972B 1.33T 1.06T
Other Stockholder Equity -269.07B -308.44B -324.79B -151.79B
Property, Plant, and Equipment 1.09T 1.2T 1.15T 1.14T
Total Current Assets 2.05T 1.85T 1.79T 1.88T
Net Tangible Assets 1.53T 1.44T 1.34T 1.62T
Net Receivables 775.38B 717.51B 685.61B 673.14B
Accounts Payable 352.49B 305.31B 303.81B 338.6B


Insider Transactions

Here are the insider transactions of stock shares related to CANON INC:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to CANON INC. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on CANON INC

Here is the result of two systematic investment strategies applied to CANON INC. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on CANON INC

The following chart shows the equity curve of the two systematic investment strategies applied to CANON INC:

CANON INC automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -38.43% on the backtest period.

Performance at glance

Performance

-38.43 %

Latent gain

-4469.5 ¥

Invested capital

11629.0 ¥

Annualized return

-9.15 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on CANON INC

This is the result of two momentum investment strategies applied to CANON INC. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on CANON INC

The following chart shows all the entries opened by the momentum investment system on CANON INC:

CANON INC momentum entries
  • The first momentum investment strategy would give -34.78% of return on CANON INC. That represents -2545.0¥ of latent gain with 7318.0¥ of employed capital.
  • The second momentum investment strategy would give -38.21% of return on CANON INC. That represents -2952.0¥ of latent gain with 7725.0¥ of employed capital.
Performance at glance (1Q Momentum)

Performance

-34.78 %

Latent gain

-2545.0 ¥

Invested capital

7318.0 ¥

Annualized return

-8.1 %
Performance at glance (2Q Momentum)

Performance

-38.21 %

Latent gain

-2952.0 ¥

Invested capital

7725.0 ¥

Annualized return

-10.27 %

Momentum equity curve on CANON INC

The following chart shows the equity curve of the two momentum strategies applied to CANON INC:

CANON INC momentum equity

Note: the dividends potentially given by CANON INC are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on CANON INC

The following chart shows the employed capital evolution of the two momentum strategies on CANON INC since the beginning:

CANON INC

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250¥, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000¥.


Buy the dip strategy result on CANON INC

Buy the dip entry openings on CANON INC

CANON INC

The performance achieved by the robo-advisor on CANON INC is -17.82%. That represents -1553.0$ of latent gain with 8712.5¥ of employed capital. The following chart shows CANON INC stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of CANON INC, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-17.82 %

Latent gain

-1553.0 ¥

Invested capital

8712.5 ¥

Annualized return

-8.1 %

Equity curve of the strategy applied to CANON INC

The following chart shows the result of the investment strategy applied to CANON INC:

CANON INC

Note: the dividends potentially given by CANON INC are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on CANON INC

The following chart shows the employed capital evolution since the beginning of the investment strategy on CANON INC:

CANON INC

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on CANON INC

In this section, I will compare the three previous investment strategies applied to CANON INC.

Equity curve comparison on CANON INC

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

CANON INC investment strategy comparison

Employed capital comparison on CANON INC

CANON INC investment comparison

Performance comparison on CANON INC

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -38.43% -4469.5¥ 11629.0¥ -9.15%
Momentum 1 quarter -34.78% -2545.0¥ 7318.0¥ -8.78%
Momentum 2 quarters -38.21% -2952.0¥ 7725.0¥ -10.27%
Non-directional -17.82% -1553.0¥ 8712.5¥ -8.1%
Annualized return comparison

Automatic investment

-9.15 %

Momentum 1Q

-10.27 %

Momentum 2Q

-10.27 %

Non-directional

-8.1 %

Correlated stocks

Here are the most positively and negatively correlated stocks with CANON INC:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between CANON INC and the other stocks. There may be false positives or some missing correlated stocks. If the price of CANON INC does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name CANON INC
Country Japan
City Tokyo
Address 30-2, Shimomaruko 3-chome
Phone 81 3 3758 2111
Website global.canon
FullTime employees 184034
Industry Computer Hardware
Sector Technology
Exchange XTKS
Ticker 7751.XTKS
Market www.jpx.co.jp

CANON INC ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 1.5
Peer Environment Performance 3.0937037037037
Environment Percentile unknown
Palm Oil no
Nuclear no
Fur Leather no
GMO no
Coal no
Pesticides no
Animal Testing yes

Social scores

Social ESG Factors Scores
Social Score 7.4
Peer Social Performance 6.082037037037
Social Percentile unknown
Highest Controversy 2
Peer Highest Controversy Performance 1.5454545454545
Adult no
Gambling no
Alcoholic no
Tobacco no
Catholic no
Controversial Weapons no
Small Arms no
Military Contract no
Peer Count yes

Related Controversy: Employee IncidentsSocial Supply Chain IncidentsCustomer IncidentsSociety & Community Incidents


Governance scores

Governance ESG Factors Scores
Governance Score 8.0
Peer Governance Performance 7.1781481481481
Governance Percentile unknown

ESG at glance
Total ESG Scores: 17.0
Environment Score: 1.5
Social Score: 7.4
Governance Score: 8.0

ESG Performance: UNDER_PERF

Peer Group: Technology Hardware

Peer Esg Score Performance: 16.164727272727

Rating Year: 2022

Rating Month: 8

Max Age: 86400

Percentile: 16