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4-Traders Homepage  >  Equities  >  Tokyo  >  Canon Inc    7751   JP3242800005

CANON INC (7751)
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Canon Inc. : Canon to exhibit at NAB 2012 prototype of 30-inch 4K industrial video display currently under development

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04/13/2012 | 04:15am CEST

April 13, 2012
Canon Inc.

TOKYO, April 13, 2012-Canon Inc. announced today that the company is developing a new 30-inch 4K resolution industrial video display, a prototype of which will be exhibited from April 16 to 19 at NAB Show 2012 in Las Vegas, Nevada.

With the rapid adoption of digital cinema, there has been a growing need among Hollywood professionals and others leading the vanguard of motion picture and video production for video displays capable of the faithful reproduction of high-image-quality, high-definition 4K video.

Canon is currently developing a 30-inch 4K resolution industrial display as a 4K video output device realizing faithful color reproduction and high-resolution, high-contrast performance. Canon will exhibit a prototype of the video display from April 16 to 19 at NAB Show 2012, the world's largest international digital event for audio, video, film, broadcast and communications, held in Las Vegas, Nevada, U.S.A.

The prototype to be displayed will provide support for cinema and other video editing processes while also responding to film-production needs through Canon proprietary high-image-quality technology and reliability. While detailed specifications and pricing have yet to be decided, Canon aims to commercialize the display before the end of 2012.


Prototype of the 30-inch 4K
video display under development

 Japan

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Financials ( JPY)
Sales 2017 4 029 064 M
EBIT 2017 -
Net income 2017 211 018 M
Finance 2017 105 228 M
Yield 2017 4,10%
P/E ratio 2017 19,71
P/E ratio 2018 18,86
EV / Sales 2017 1,24x
EV / Sales 2018 1,20x
Capitalization 5 086 143 M
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Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 3 869  JPY
Spread / Average Target 1,1%
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Managers
NameTitle
Fujio Mitarai Chairman & Chief Executive Officer
Masaya Maeda President, COO & Representative Director
Toshizo Tanaka CFO, Representative Director, VP & GM-Personnel
Shigeyuki Matsumoto Senior Managing Director, GM-General R&D
Kunitaro Saida Independent Outside Director
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