Page 56 - Forbes - USA (February 2018)
P. 56

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                                               Canon has become a major player in healthcare with the acquisition of Toshiba Medical Systems.


        explains. “I see a growing need in every mod-  “That led us to acquire Axis, a Swedish firm   and knew immediately that this was an ideal
        ern society for a greater sense of personal   that excels in network video technologies,   match. This was not merely an opportunity
        safety and peace of mind. Contributing to   and the Danish company Milestone Systems,   for Canon to become a major player in medi-
        increased safety and security will be a huge   a leader in image processing software, and   cal equipment. It was also a good way to use
        growth area. But how could Canon achieve   welcome them into our Group. By adding   our vast knowledge and experience to help
        that?”                             Canon’s lenses, sensors and other imaging   humankind.”
          One key sector was network cameras.   technology, we created one of the world’s   In 2016, Canon formally acquired TMSC,
        Conventional surveillance cameras have   leading network camera companies. And   one of the world leaders in large-scale medi-
        been used in crime prevention for some   this area is going to grow strongly for years   cal equipment such as CT and MRI scanners,
        time, but the concept of utilizing networks of   to come.”           as well as ultrasound imaging systems. The
        high-resolution cameras backed by top-end                            union of Canon’s and TMSC’s technologies
        image processing, facial recognition software  Game-changing Growth  has produced one of the world’s strongest
        and other analytics is already taking hold in   Mitarai is an active spokesman for the value of   and most innovative firms in the field of
        retail marketing (analyzing customer traffic,   network cameras in multiple fields, and also   medical equipment: Canon Medical Systems
        for example) and in factories and warehouses,   for the power of Canon Group companies to   Corporation.
        where the technology is used to critically   contribute to society by developing this tech-  “We need to grow by identifying and
        examine workflows and operational bottle-  nology. His other big concern for the future   developing new business areas,” Mitarai says.
        necks to improve efficiency. The number of   is the healthcare business, which is another   “And wherever possible, we want to do just
        potential applications seem to be increasing   significant area where the firm can grow by   what we did with network cameras, medical
        by the day.                        helping to improve lives. Canon was already   equipment and other fields—develop busi-
          “I knew Canon had a great deal to con-  well known for making excellent diagnostic   nesses that provide real value to society.”
        tribute to this business—not just cameras,   and imaging devices, such as portable X-ray   In much the same way, the company also
        lenses, sensors and digital image processing,   detectors. However, it did not make the big-  re-examined its printer business. Canon is
        but also our manufacturing know-how and   ticket items, such as CT scanners, that domi-  well known for both home-use and office-
        our global sales network. Even so, we were   nate the sector.        use printers. Yet those products were not
        newcomers to this market,” Mitarai admits.   Then, the perfect complement to its busi-  growing as they had in the past, and incre-
        “In order to enter the network camera market,   ness appeared on the horizon, a develop-  mental innovations would not return double-
        Canon first built an appropriate internal orga-  ment that Mitarai relates with obvious joy.   digit growth.
        nizational structure. Then we examined the   “When we first learned that Toshiba Medical   “We looked around to see what was grow-
        global market and looked at the competing   Systems Corporation (TMSC) might become   ing in the printing sector,” Mitarai explains,
        firms, and only then did we decide to partner   available, we looked at the synergies with our   “And the answer was commercial print-
        with a few of the world’s top companies.  existing Medical Equipment Business Group   ing—catalogs, posters, including package

        3            Japan
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