Canon Inc. announced Canon places fifth in U.S. patent rankings and first among Japanese companies, places in top five for 38 years running - Canon HongKong

Canon Inc. announced that ​Canon places fifth in U.S. patent rankings and first among Japanese companies, places in top five for 38 years running

Canon Inc. ranked fifth for the number of U.S. patents awarded in 2023, becoming the only company in the world to have ranked in the top five for 38 years running, according to the latest ranking of preliminary patent results issued by IFI CLAIMS Patent Services. What’s more, Canon ranked first among Japanese companies for 19 consecutive years.

Canon actively promotes the globalization of its business and places great value on obtainingpatents overseas, carefully adhering to a patent-filing strategy that pursues patents in essentialcountries and regions while taking into consideration the business strategies and technology andproduct trends unique to each location. Among these, the United States, with its many high-techcompanies and large market scale, represents a particularly important region in terms of businessexpansion and technology alliances.

Note: Number of patents for 2021 to 2023 are based on figures released by IFI CLAIMS PatentServices (as of January 10, 2024). Figures for 2014 to 2020 are based on information issued bythe United States Patent and Trademark Office.

Canon aims to create new technologies in its four business groups of Printing, Imaging, Medical andIndustrial Equipment. In addition to strengthening the competitiveness of each of its businesses, inrecent years, the company has been focusing on the development of fundamental technologies suchas cutting-edge SPAD sensors, photon counting CT, image processing technology that utilizes deeplearning, next-generation technology for commercial printing, and nanoimprint lithography, thatcan be the source of business creation, being applied and utilized for various purposes, as well as theacquisition of patent rights for such technologies. In keeping with the times, in order to encourage thecore competency technologies that support its business, Canon promotes the acquisition andutilization of intellectual property rights which it uses to maintain a robust patent portfolio thatensures the competitiveness and freedom of its businesses.

Going forward, Canon will continue its intellectual property initiatives with the goal of supporting itsbusinesses, providing products and services with added value, and contributing to a better society.

About Canon Hongkong Company Limited

Canon Inc. (TSE:7751 / NYSE:CAJ) was founded in 1937 in Japan. Its predecessor, Precision Optical Instruments Laboratory, produced Japan's first 35 mm focal-plane-shutter camera “Kwanon” in 1934. From there, Canon Inc. expanded into the photocopying and printing industries, launching Japan's first plain-paper copier NP-1100 in 1970 and the world's first inkjet printer BJ-80 in 1985. Through the years, Canon Inc. has acquired in-depth experience in digital imaging product manufacturing, research and development. Pioneering in innovative products development, Canon Inc. hold the most technology patents in the imaging industry. Canon Inc. also makes significant contribution to promote photography. Today, Canon Inc. has a strong global presence, representing one of the most important market players in the imaging, office and industrial product categories. As of 31 December 2020, Canon's global revenue was US$30.38 billion.

In 1971, Canon Hongkong Co., Ltd. (Canon Hong Kong) was established as one of the first Canon offices in Asia. Canon Hong Kong is a Total Imaging Solution provider, providing professional pre-sales, marketing and after-sales services for all Canon products and solutions in Hong Kong and Macau. With the solely owned subsidiary Canon Business Solutions (Guangdong) Co., Ltd. established in 2018, the company continues to deliver intelligent total business solutions and professional services to Greater Bay Area. Canon Hong Kong adheres to Canon’s corporate philosophy of “Kyosei”, encouraging the company and staff to engage social, charitable and environmental activities for the community. Implementing internationally-recognized management system, Canon Hong Kong has achieved ISO 9001, ISO 14001, ISO 45001 and ISO 27001 (Canon Digital Production Center) certifications.For more information about Canon Hong Kong, please visit our website: https://hk.canon.