/ Mar 17, 2016

Canon agrees to buy Toshiba medical unit

Canon Inc. agreed to buy Toshiba Corp.'s medical equipment unit for ¥665.5 billion ($5.9 billion) as the world's biggest maker of cameras seeks new growth. The deal will be funded by existing cash and borrowed funds, Tokyo-based Canon said in a statement Thursday. The agreement ...

/ Jan 27, 2016

Canon names digital camera veteran Maeda as next president

Canon Inc. on Wednesday named Senior Managing Director Masaya Maeda as the successor to President Fujio Mitarai, who will remain chairman and chief executive officer. Maeda will become president in March. Mitarai, 80, told a news conference in Tokyo that Maeda was chosen because of ...