Kensaku Konishi takes over as President and CEO of Canon India

Kensaku Konishi takes over as President and CEO of Canon India

New Delhi, January 5, 2007: Canon India Pvt. Limited, India’s No 1. Complete Digital Imaging Company today announced that Mr. Kensaku Konishi will be the new President and Chief Executive Officer at Canon India. Mr. Kensaku Konishiwill oversee the company’s management and business operations for India.

“I am excited and honoured to take on this appointment at Canon India. One of the fastest growing economies in the world, India is an excellent country for any company to be in. Canon has been present in the country for the last 10 years and has established itself as a reputed, well respected and high growth company. I am glad to take on this assignment at this juncture, as the company celebrates its 10th anniversary year in India. I look forward to be a part of Canon’s management team as weenter into a new decade of operations in India”, said Mr. Konishi

Mr. Konishi is a Canon veteran. After his graduation from Waseda University, he joined Canon in 1978 as part of a management team for production control and budget, for copiers. Following several senior management positions in Japan, Australia and 7 years in United States, he was appointed the Managing Director of Canon Marketing (Singapore) in 2001, where he was responsible for the overall management of domestic sales and marketing operations. He is familiar with Canon operations in South and South East Asia.

Prior to his current appointment, Mr. Konishi was President and Chief Executive Officer of Canon Hong Kong Company Ltd., responsible for the strategic management and direction of Canon’s operations in Hong Kong. With his devotion to improve the operation level of the company, Canon Hong Kong achieved the international award for quality, environmental awareness, health, safety management system and customer service. During Mr. Konishi’s tenure, he led Canon Hong Kong through years of growth, including a successful 2006 whereby the company registered an impressive HK $2 billion sales, a 72% increase as compared with 2003.

“Canon has been enjoying steady growth in India over the past few years. Last year, Canon achieved over 30% growth in India and our market shares improved in almost all the relevant business segments. I am eager to build on this momentum of success,” commented Mr. Konishi.

In this new appointment, Mr. Konishi will succeed Mr. Alan Grant who has managed Canon’s business in India for last the 7 years, and is moving to the United Kingdom post his retirement.

About Canon Inc

Canon Inc. is a global leader in photographic and digital imaging solutions. Its global network now includes 184 companies, employing some more than 108,000 people. It is dedicated to the advancement in technology and innovation and commits 10% of its total revenue each year to R&D. Canon has consistently remained as one of the top 3 companies to have earned the most number of patents over the last decade. Since 1993, Canon continues to be ranked as one of world’s largest corporations by the Fortune Global 500 Ranking. Guided by its kyosei philosophy, which focuses on “living and working together for the common good”, Canon delivers high performance and user-friendly products and solutions to improve efficiency both in the office and home environment. More information is available on www.canon.co.in

Canon in India

Canon India Pvt. Ltd. is a 100% subsidiary of Canon Singapore Pte. Ltd; a world leader in imaging technologies. Set up in 1997, Canon India markets a comprehensive range of sophisticated contemporary digital imaging products that include photocopiers, multi-functional peripherals, fax-machines, printers, scanners, digital cameras, camcorders and multi media projectors. Five imaging engines of Image Capturing, Electrophotography, Bubble Jet, Semiconductor and Display drive these cutting-edge technology products. The company today has offices in 7 cities across India and employs over 400 people. Canon has 250 channel partners, 237 retail stores, 32 canon care centers; over 100 authorized service centers and more than 2700 resellers across 300 towns in India it does business in.

Creating an industry benchmark with new technologies in the latest product range the company launched 87 new products in 2006 including the launch of 51 products on a single day which is an industry landmark for the largest number of products launched in a single day. Overall, Canon India touched revenue of Rs. 400 cr in 2006.

Canon India has a Software Development Centre located in Gurgaon. Set up in the middle of 1999, the Canon Software Development Centre is one of the six such cutting edge technology centres established by Canon Inc. globally. It develops original technologies as well as supporting Canon marketing companies worldwide with application software. Canon India is ISO 9001:2000 and ISO14001:2004 certified and its Software Development Centre has achieved the CMM level 3 status. In 2006, Canon India received the CII-EXIM Business Excellence Award for Strong commitment to excel.

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