Canon Electronics Inc.
7739・Prime Market・Electric Appliances
Components
Core segment manufacturing and selling unit components for set makers
| Period | Current | Previous | Change |
|---|---|---|---|
| Net Sales | ¥58,617 million | ¥59,488 million | ↓ |
| Operating Income | ¥8,244 million | ¥9,604 million | ↓ |
| Operating Margin | 14.1% | 16.2% | ↓ |
| Depreciation and Amortization | ¥1,069 million | ¥1,469 million | ↓ |
| Capital Expenditures (Increase in Tangible and Intangible Fixed Assets) | ¥1,321 million | ¥769 million | ↑ |
Business Details
This segment's core products are camera Shutter Units and Aperture Units, as well as Laser Scanner Units for laser printers and multifunction devices, with Canon Inc. and its production subsidiaries as its main customers. In addition to development, manufacturing, and sales conducted by the Company, its Malaysian subsidiary (Canon Electronics (Malaysia) Sdn.Bhd.) and Vietnamese subsidiary (Canon Electronics Vietnam Co.,Ltd.) handle parts processing and contract manufacturing. This is the largest segment, accounting for approximately 56% of consolidated net sales, and includes ¥10,595 million in sales to Canon Vietnam Co., Ltd.
Recent Overview
Camera-related products remained solid, but decreased Laser Scanner Unit sales led to declines in both sales and profit year on year
In the current period (fiscal year ended December 2025), the Components segment recorded net sales of ¥58,617 million (down 1.5% year on year) and operating income of ¥8,244 million (down 14.2% year on year). Shutter Units and Aperture Units increased on the back of strong mirrorless camera sales (particularly in Europe and China), while Laser Scanner Units declined due to U.S. tariff countermeasures, intensified competition, and the LED exposure switch. Contract manufacturing of mounting units and motor-related businesses also declined due to intensified competition and inventory adjustments. Camera-related sales at the Malaysian and Vietnamese subsidiaries increased year on year. Order intake was ¥58,017 million (down 2.6% year on year), and the order backlog was ¥6,999 million (down 8.5% year on year).
Key Products
Growth Drivers
- Continued expansion of the mirrorless camera market (from entry-level to mid-range models, mainly in Europe and China)
- Recovery in production of certain parts and units following the completion of inventory adjustments
- Increase in camera-related component sales at the Malaysian and Vietnamese subsidiaries
- Stable business relationship with the Canon Group (net sales of ¥45,291 million to Canon Inc.)
- Business expansion through the transfer of the motor business from a domestic Canon Group company
Risks
- Decline in demand for Laser Scanner Units (U.S. tariff countermeasures, intensified competition, switch to LED exposure method)
- Customer concentration risk due to high sales dependence on Canon Inc.
- Intensifying competition, including new entrants, in contract production of mounting units and similar products
- Slowdown of the Chinese economy and heightened geopolitical risk
- Impact on demand and costs from changes in U.S. tariff policy
Last updated: March 25, 2026