Canon 2005 Annual Report Download - page 30

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28
COMPUTER PERIPHERALS
As one of the world’s foremost manufacturers of inkjet printers,
Canon enjoys two major advantages over competitors. First, it is
one of the few companies in the world boasting world-class
technologies for both cameras and photo-quality color printers.
Second, Canon has made significant strides in manufacturing
products internally. Canon is in the process of maximizing these
strengths and its strong brand name to become No. 1 in the
market for digital photos. Inkjet printer uses are expanding from
documents to Web images, home printing of photos and
professional printing. Canon will equip its entire lineup of inkjet
printers with photo-printing quality to complement its digital
camera strengths.
The inkjet printer market experienced moderate growth in
2005. The year saw an extension of the trend away from single-
function printers (SFPs) and toward multifunction printers (MFPs)
that augment printing
functions with copy-
ing, scanning, direct
printing and other
functions. In response
to these trends,
Canon works tirelessly
to distinguish its
products from other
companies. In 2005, the full-fledged proliferation of Canon’s
proprietary Full-photolithography Inkjet Nozzle Engineering (FINE),
a high-precision technology that achieves high-image quality and
speed, got underway as Canon equipped all new models with
FINE print heads. We also improved the user-friendliness of our
PIXMA series of inkjet printers by equipping models with larger-
sized LCD monitors. In addition, Canon added features that
enhance user convenience of its ink tanks, enabling users to see
when ink is running low even without the use of a PC.
Canon plans to achieve sustainable revenue and profit growth
over the medium term by reinforcing its entire scope of operations,
from printers to consumables including ink tanks and paper. We
will adhere to key principles including achieving low cost opera-
tions, adding value from the customer’s perspective and expand-
ing business domains by leveraging our inkjet technologies.
Growth sectors include compact photo printers, as well as profes-
sional-grade printers and digital TV printers. We will raise efficiency
by concentrating development operations, and advancing with
automated and in-house production initiatives. To meet the
demand for inkjet printers, Canon also plans to expand production
operations in Vietnam. Canon will work to increase competitive-
ness by augmenting its lineup of products incorporating original
technologies, aiming to gain greater market share while maintain-
ing cost effectiveness and increasing earnings.
PIXMA iP5200
Katsuichi Shimizu
Chief Executive, Inkjet Products Operations
Focusing on Canon photo-
quality printing, Canon will
expand its lineup of inkjet
printers by continually making
technological
break-
throughs.