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CANON VIETNAM COMPANY LIMITED

Active

Business ID 0101125340

84-24 / 3881 1592 / 3881 2111

CANON VIETNAM COMPANY LIMITED

Active

Business ID 0101125340

84-24 / 3881 1592 / 3881 2111

CANON VIETNAM COMPANY LIMITED

Active

Summary

Name:

CANON VIETNAM COMPANY LIMITED

Business ID (TIN):

0101125340

Date of Registration:

07 Jul 2008

Registered Office:

Ha Noi City Department of Finance

Address:

Lot A1, Thang Long Industrial Park, Ha Noi City, Vietnam

Phone:

84-24 / 3881 1592 / 3881 2111

Financial Statement:

2020, 2021, 2022, 2023, 2024

CANON VIETNAM COMPANY LIMITED (CÔNG TY TNHH CANON VIỆT NAM) is a key subsidiary of Canon Inc. Japan, operating as a foreign direct investment (FDI) company in Vietnam. Established in 2008, the company has grown to become one of the largest manufacturers of electronic components and printers in the country. With its headquarters in Thang Long Industrial Park, Hanoi, and multiple branches in Bac Ninh, CANON VIETNAM COMPANY LIMITED plays a crucial role in Canon’s global supply chain, producing high-quality printers for export and domestic markets.

Manufacturing and Market Presence

CANON VIETNAM COMPANY LIMITED specializes in the manufacture of electronic components and boards, with a primary focus on printers. Its factories in Hanoi and Bac Ninh operate at large-scale production capacity, employing 22,000 workers, making it one of the largest foreign employers in Vietnam. The company supplies global markets, reinforcing Vietnam’s position as a key hub for high-tech electronics manufacturing.

Despite its strong presence, CANON VIETNAM COMPANY LIMITED faces growing competition from other multinational electronics companies operating in Vietnam, including Samsung, HP, and Epson. Additionally, as global demand for traditional printers declines, the company must adapt its strategies to shifting market trends, including the rise of digital and cloud-based office solutions.

Financial Performance and Market Challenges

In 2023, CANON VIETNAM COMPANY LIMITED reported a decline in total assets and sales revenue, reflecting global economic slowdowns and decreased demand for office printing solutions. Profit also dropped by 20%, marking a reversal from previous growth in 2022. However, the company’s equity increased by over 14%, indicating strong capital management and reinvestment strategies.

A key challenge for CANON VIETNAM COMPANY LIMITED is market saturation in the printer industry, as many businesses and consumers shift to paperless and digital alternatives. Additionally, geopolitical trade tensions, supply chain disruptions, and fluctuating raw material costs pose risks to its manufacturing efficiency and profitability.

Business Verification and Risk Management

Ensuring financial stability and operational transparency is critical for businesses partnering with major manufacturers like CANON VIETNAM COMPANY LIMITED. VANGUARD BUSINESS INFORMATION LLC (VBI) offers business verification services, analyzing private financial data and supporting risk management for companies looking to engage with Canon and other multinational suppliers.

Future Adaptation and Industry Outlook

To sustain long-term success, CANON VIETNAM COMPANY LIMITED must focus on diversifying its product range beyond traditional printing solutions. Investing in smart office technology, industrial printing, and AI-driven imaging products could help the company stay ahead of global market shifts. Additionally, optimizing supply chain logistics and expanding automation within its Vietnamese factories will be essential to maintaining cost efficiency and production scalability.

Conclusion

CANON VIETNAM COMPANY LIMITED remains a leader in Vietnam’s electronics manufacturing industry, benefiting from Canon Inc.’s strong brand reputation and advanced production capabilities. However, declining printer demand and increasing competition require the company to innovate, optimize operations, and explore new product directions. By embracing digital transformation and investing in future technologies, the company can secure its long-term position in Vietnam and the global market.

Legal Profile

English Name:

CANON VIETNAM COMPANY LIMITED

Vietnamese Name:

CÔNG TY TNHH CANON VIỆT NAM

Short Name:

CANON VIETNAM CO., LTD

Business ID (TIN):

0101125340

Date of Registration:

07 Jul 2008

Registered Office:

Ha Noi City Department of Finance

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

SHIGEYUKI O

Address:

Lot A1, Thang Long Industrial Park, Ha Noi City, Vietnam

Phone:

84-24 / 3881 1592 / 3881 2111

Branch:

Lot B1, Que Vo Industrial Park, Bac Ninh Province, Vietnam

Branch:

No. 12, TS10 Road, Tien Son Industrial Park, Bac Ninh Province, Vietnam

Business Sector

Key business lines:

VSIC:

2610 Manufacture of electronic components and boards

NACE:

26.1 Manufacture of electronic components and boards

Industry Sales Growth

CAGR (2019 - 2023)

4.75%

YoY (2023)

3.18%

Companies by industry

Company distribution and propportions

3,355

0.1154%

Key Industry Players

Top 10 companies in manufacture of electronic components and boards industry

jabil vietnam company limited canon vietnam company limited fuhong precision component(bac giang) company limited intel products vietnam co., ltd samsung electro-mechanics vietnam co.,ltd samsung display vietnam co., ltd. new wing interconnect technology (bac giang) co.,ltd bhflex vina company limited lg innotek vietnam haiphong company limited luxshare - ict (van trung) company limited

Payment History

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Financial Performance

Assets	-61.07%
Owner’s Equity	-0.02%
Working Capital	12.50%
Net Worth	81.52%
Sales	93.59%
Operating income	-81.65%
EBIT	9.60%
Gross Profit Margin	-56.82%
Debt to EBITDA	-56.41%

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Specific Questions About CANON VIETNAM COMPANY LIMITED

When did CANON VIETNAM COMPANY LIMITED start operating?

CANON VIETNAM COMPANY LIMITED was started in 07 Jul 2008

What industry does CANON VIETNAM COMPANY LIMITED operate in?

CANON VIETNAM COMPANY LIMITED is operating in "Manufacture of electronic components and boards" industry

How can I contact CANON VIETNAM COMPANY LIMITED?

CANON VIETNAM COMPANY LIMITED phone numbers is 84-24 / 3881 1592 / 3881 2111

What adverse news is there about CANON VIETNAM COMPANY LIMITED?

CANON VIETNAM COMPANY LIMITED’s has no negative news

What is stock symbol of CANON VIETNAM COMPANY LIMITED?

CANON VIETNAM COMPANY LIMITED is not listed company

Where is the location of CANON VIETNAM COMPANY LIMITED?

CANON VIETNAM COMPANY LIMITED is located at Lot A1, Thang Long Industrial Park, Ha Noi City, Vietnam

What is CANON VIETNAM COMPANY LIMITED’s business registration?

CANON VIETNAM COMPANY LIMITED business registration is 0101125340

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CANON VIETNAM COMPANY LIMITED