"TWIC" This Week in Canon!

A Canon dealer in Texas won a bid to supply DocuWare document management software and MFPS for 13 locations of Radiology Associates of San Antonio

- Canon announced that it will offer an embedded version of Prism DocRecord & DocSystem scan/retrieval software for its Canon imageRUNNER MFPs using its MEAP technology.

- In a sign of the times, Canon announced that it has halted construction plans for a new North American headquarters. The company originally announced grand plans to move from its current office in Lake Success, New York to a new 690,000 square foot facility in Melville, NY situated on a former 52 acre pumpkin farm.

-Canon Inc. expects 2009 group operating profit to drop about 60 percent because of the strong yen and weakness in U.S. and European sales, the Nikkei business daily reported in its Wednesday morning edition.

-Canon's sales have been hurt by the weakness of the economy, which has cut demand for the office equipment that makes up about 60 percent of its business, and by increased competition in digital cameras, which has led to lower prices.
-Camera and copier maker Canon is to close its Amstelveen headquarters with the loss of 226 jobs, the Parool reports on Tuesday. Canon has a workforce of 950 in the town of whom 250 are temporary staff.

-Canon is sending employees homes early (5:30) twice a week, to help the birthrate of Japan. Japan has a low birthrate and a rapidly aging population and the traditional 12-hours work days did not help in that matter. At least, that's the assumption here.

We wonder if this has any economic repercussions as well (are these hours paid or not?). Because it's not like companies around the world aren't asking their employees to take their vacations as soon as possible to make the books look better for next quarter.

-=Good Selling=-