Shares in Canon Inc advanced 2.4 percent to a three-week high of 3,154 yen on Wednesday after it said it will buy back up to 50 billion yen ($488.5 million) worth of its own shares, or 1.6 percent of its outstanding shares.
TOKYO (Reuters) – Japan’s Canon Inc said on Friday it would take over Austin, Texas-based Molecular Imprints Inc, which develops nanoimprint lithography systems, in a bid to strengthen its chipmaking equipment business. Canon has carried out joint development of next-generation semiconductor lithography systems, which plays a key role in the chip fabrication process, with Molecular […]
By Sophie Knight TOKYO (Reuters) – Canon Inc has appointed its first outside directors, ending years of high-profile resistance to opening up its boardroom as pressure mounts on Japans big companies to improve governance and better manage risks. The camera makers long-serving chief executive Fujio Mitarai, who headed Japans powerful Keidanren business lobby from 2006 […]
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