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Canon president stepped down, major company overhaul will happen in 4 months time
  • Masaya Maeda, President & COO, made a request to resign on May 1, 2020, due to health reasons. As a result, the Company passed a resolution to have Fujio Mitarai, Chairman & CEO, serve concurrently as President & COO at the meeting of its Board of Directors held on May 1, 2020. The Company will aim to raise corporate value even further by strengthening and enhancing its management structure going forward.

    Masaya Maeda will keep formal role of Chief Technology Advisor

    https://global.canon/en/ir/release/2020/p2020may01e.pdf

    It can happen that all, 100% of old Canon top management will leave before January 2021.

    Presently investors and Japanese goverment advisors are not happy with Canon performance and approach to their new R mount lineup.

    Huge company overhaul can happen and it will be major surprise for all western company partners and dealers.

    Company can also shove off lot of service obligations, professional services venues, showrooms and many dealers.

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  • Local shop owner told me that new R lineup is selling very bad, lenses especially.