AXA vs Canon: Founders, CEOs and History
AXA was founded in 1817 by Jacques-Théodore le Carpentier, Claude Bébéar and is led by Thomas Buberl. Canon was founded in 1937 by Takeshi Mitarai, Goro Yoshida, Saburo Uchida and is led by Fujio Mitarai.
Company facts
Founders
AXA
Jacques-Théodore le Carpentier
Little is recorded about le Carpentier beyond the founding act itself. In 1817 he and 17 other property owners in Rouen created the Compagnie d'Assurances Mutuelles contre l'Incendie for the departments of the Seine and the Eure, covering their own buildings a…
Claude Bébéar
Claude Bébéar built modern AXA. After joining in 1958 he spent 17 years inside the business, including 1964 to 1966 in Canada creating the life insurance arm of the group subsidiary Provinces Unies, before becoming chief executive in 1975 following Sahut d'Iza…
Canon
Takeshi Mitarai
Takeshi Mitarai supported the camera laboratory that Goro Yoshida, Saburo Uchida and Takeo Maeda opened in 1933, and became president of its successor, Precision Optical Industry, Co., Ltd., in 1942.
Goro Yoshida
Yoshida took apart a Leica Model II and, as he later recalled, was angered to find it was built from brass, aluminium, iron and rubber yet sold for 420 yen.
Saburo Uchida
Saburo Uchida (1899-1982) co-founded the Precision Optical Instruments Laboratory with Goro Yoshida, his brother-in-law, and Takeo Maeda in November 1933.
Takeo Maeda
Takeo Maeda (1909-1977) was the youngest of the founding group. A former subordinate of Saburo Uchida, he joined Uchida and Goro Yoshida in opening the Precision Optical Instruments Laboratory in Roppongi in November 1933 and worked on the Kwanon prototype and…
CEOs and their tenures
AXA
- Claude Bébéar1975–2000
Chairman and CEO
Bébéar turned a Normandy mutual into a global insurer between 1975 and 2000. He took control of the Drouot Group in 1982, bought Présence in 1986, merged with Compagnie du Midi in 1988, took control of The Equitable in the United States in 1991, National Mutua…
Source - Henri de Castries2000–2016
Chairman and CEO
De Castries ran AXA from May 2000 to September 2016, through the dot-com collapse, the 2008 financial crisis and the euro-area debt crisis, without state support.
Source - Thomas Buberl2016–present
Chief Executive Officer
Buberl became chief executive in September 2016 and refocused AXA on insurance underwriting.
Source
Canon
- Takeshi Mitarai1942–1974
President
An obstetrician who backed the 1933 camera laboratory, he became president of Precision Optical Industry in 1942 and led the company as it became Canon Camera Co. in 1947, listed in Tokyo in 1949 and opened sales offices in New York and Geneva in the 1950s.
Source - Ryuzaburo Kaku1977–1989
President, later Chairman
As President, he aggressively challenged Xerox's monopoly in the copier market by introducing affordable, personal laser printers and copiers.
Source - Fujio Mitarai1995–present
Chairman and Chief Executive Officer
Born in 1935 and a nephew of Takeshi Mitarai, he joined Canon in 1961, ran Canon U.S.A. as president from 1979 to 1989 and became president of Canon Inc. in 1995.
Source - Tsuneji Uchida2006–2012
President and Chief Operating Officer
During his tenure as President, he maintained strong profitability through strict cost-cutting measures despite the brutal collapse of the digital compact camera market.
Source - Masaya Maeda2016–2020
President and Chief Operating Officer
He led the Image Communication Products group during the height of the DSLR era, cementing Canon's position as the global market leader in interchangeable lens cameras.
Source - Kazuto Ogawa2026–present
President and Chief Operating Officer
Joined Canon in 1981 and led Canon Singapore (2005), Canon Canada (2008) and Canon U.S.A. as President and COO (2018).
Source
Timeline: AXA and Canon side by side
1817AXA
Founding of the Compagnie d'Assurances Mutuelles contre l'Incendie
Jacques-Théodore le Carpentier and 17 other property owners in Rouen set up a mutual fire insurance company, the earliest predecessor of AXA. It stayed a Normandy mutual, later called Ancienne Mutuelle, for more than a century.
1933Canon
Precision Optical Instruments Laboratory opens
Goro Yoshida, Saburo Uchida and Takeo Maeda open a camera laboratory in a Roppongi apartment in Tokyo to build a Japanese 35mm camera that could rival the Leica.
1934Canon
Kwanon prototype
Yoshida builds the Kwanon, Japan's first 35mm focal-plane-shutter camera prototype, named after the Buddhist goddess of mercy. It never goes on sale.
1936Canon
Hansa Canon goes on sale
The lab's first commercial camera, the Hansa Canon, uses a Nikkor lens and rangefinder supplied by Nippon Kogaku, the predecessor of Nikon. The 'Canon' trademark had been filed in 1935.
1937Canon
Precision Optical Industry incorporated
The business is incorporated on August 10, 1937 as Precision Optical Industry, Co., Ltd. Takeshi Mitarai becomes president in 1942.
1949Canon
Tokyo Stock Exchange listing
Canon Camera Co. (renamed in 1947) lists on the Tokyo Stock Exchange when postwar trading resumes, and opens a New York branch in 1955.
1964Canon
Canola 130 calculator
Canon moves beyond cameras with the Canola 130 desktop electronic calculator, followed in 1970 by Japan's first plain-paper copier, the NP-1100, and its first semiconductor lithography tool, the PPC-1.
1969Canon
Renamed Canon Inc.
Canon Camera Co. changes its name to Canon Inc. to reflect a product range that now spans business machines as well as cameras.
1975AXA
Claude Bébéar becomes chief executive
Bébéar, recruited in 1958 by André Sahut d'Izarn, took over the Anciennes Mutuelles group in 1975 after Sahut d'Izarn's death and the settlement of a strike that had paralysed the company in April 1974.
1982AXA
Takeover of the Drouot Group
Bébéar took control of the Drouot Group, then the leading private French insurance group, and became its chairman alongside his role at Mutuelles Unies.
1985AXA
Creation of the AXA name
The group adopted the invented name AXA, short and pronounceable in any language, and Bébéar moved from running the insurance companies to chairing the group.
1986AXA
Acquisition of the Présence Group
AXA bought the Présence Group in April 1986, continuing the consolidation of French insurers.
1987Canon
EOS system launches
Canon launches the EOS 650 and the all-electronic EF lens mount, the base of its autofocus SLR and later digital SLR lines.
1988AXA
Merger with Compagnie du Midi
The merger with Compagnie du Midi made AXA the second-largest French insurance group behind UAP and brought Equity and Law, then the sixth-largest life insurer in the United Kingdom. Bébéar was elected Manager of the Year the same year.
1991AXA
Control of The Equitable in the United States
After a failed attempt to buy Farmers, AXA agreed in July 1991 to demutualise and take control of The Equitable, then the fifth-largest life insurer in the United States, which also brought Alliance Capital Management.
1995Canon
Fujio Mitarai becomes president
Fujio Mitarai takes over as president, exits personal computers and other loss-making lines, and in 1996 starts the Excellent Global Corporation Plan.
1996AXA
Acquisition of UAP
AXA bought UAP, a French insurer twice its size, doubling its French business and reaching critical mass in the United Kingdom, Belgium and Germany. The merger took effect in 1997.
1999AXA
Guardian Royal Exchange and Nippon Dantai
Guardian Royal Exchange joined AXA in early 1999, adding scale in United Kingdom property, casualty and health insurance, and AXA took control of Nippon Dantai, then the thirteenth-largest life insurer in Japan.
2003Canon
Start of No. 1 camera share run
Canon takes the No. 1 share of the global interchangeable-lens digital camera market, a position it has held every year through 2025.
2006AXA
Acquisition of Winterthur
AXA agreed to buy Winterthur from Credit Suisse for ~$14.8 billion (CHF 12.3 billion), about $8.93 billion (EUR 7.9 billion) in cash, strengthening its position in Switzerland, Germany and central and eastern Europe.
2011AXA
Sale of AXA Canada
AXA sold its Canadian operations to Intact Financial Corp. for ~$1.87 billion (C$2.6 billion) as part of a portfolio review.
2016Canon
Toshiba Medical acquisition
Canon completes the ¥665.5 billion (about $5.9 billion) purchase of Toshiba Medical Systems in December 2016, later renamed Canon Medical Systems.
2018AXA
Acquisition of XL Group
AXA bought XL Group for $15.3 billion in cash, shifting the group toward commercial property and casualty lines and creating the AXA XL platform.
2018Canon
EOS R mirrorless system
Canon launches the full-frame EOS R mirrorless system and RF lens mount.
2023Canon
Nanoimprint lithography launch
Canon releases the FPA-1200NZ2C nanoimprint lithography system in October 2023, able to pattern 14 nm lines, and delists its ADRs from the New York Stock Exchange in March.
2024AXA
Launch of the Unlock the Future plan
With its 2023 results in February 2024 AXA presented a 2024 to 2026 plan targeting underlying earnings per share growth of 6% to 8% a year, an underlying return on equity of 14% to 16% and a new capital management policy.
2024Canon
First NIL shipment and medical impairment
Canon ships its first nanoimprint system to the Texas Institute for Electronics on September 26, 2024, and books a ~$1.11 billion (¥165.1 billion) goodwill impairment on its medical business for the year.
2025AXA
Sale of AXA Investment Managers to BNP Paribas
AXA completed the sale of AXA Investment Managers to BNP Paribas Cardif on July 1, 2025 for ~$5.76 billion (EUR 5.1 billion) in cash, a total transaction value of ~$6.1 billion (EUR 5.4 billion), and signed a long-term agreement for BNP Paribas to manage a lar…
2025AXA
Death of founder Claude Bébéar
AXA announced on November 4, 2025 that Claude Bébéar, its founder and Honorary Chairman, had died at the age of 90. He ran the group from 1975 to 2000 and created the AXA name in 1985.
2025Canon
Record net sales of ~$31 billion (¥4,624.7 billion)
Canon reports record 2025 net sales of ~$31 billion (¥4,624.7 billion) and net income attributable to Canon Inc. of ~$2.23 billion (¥332.1 billion).
2026Canon
Phase VII plan and new president
Canon unveils its 2026-2030 Phase VII plan, merges Canon Medical's operations into Canon Inc. on April 1, and appoints Kazuto Ogawa President and COO on March 27 while Fujio Mitarai stays Chairman and CEO.
Acquisitions
AXA
- Prima Assicurazioni (51% stake)2025Undisclosed
- Laya Healthcare2023Undisclosed
- XL Group2018$15.3B
- Winterthur2006$10B
- UAP (Union des Assurances de Paris)1996$7.8B
- The Equitable (US)1991$1B
Canon
- Canon Electronics (minority shares)2026Undisclosed
- Redlen Technologies2021$335M
- BriefCam2018Undisclosed
- Kite2017Undisclosed
- Toshiba Medical Systems2016$5.9B
- Axis Communications2015$2.8B
Questions about AXA vs Canon
Who is the CEO of AXA SA and Canon Inc.?
AXA SA is led by Thomas Buberl and Canon Inc. is led by Fujio Mitarai. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.
When was AXA SA founded vs Canon Inc.?
AXA SA was founded in 1817 — 120 years before Canon Inc., which was founded in 1937. AXA SA's longer operating history gives it a deeper track record but also potentially more institutional inertia compared to the younger Canon Inc..
How many employees does AXA SA have compared to Canon Inc.?
AXA SA employs approximately 156,000 people, while Canon Inc. employs approximately 165,547. Canon Inc. has the larger workforce at 165,547 employees, compared to AXA SA's 156,000. A higher headcount does not necessarily imply greater efficiency — it often reflects differences in business model (e.g., manufacturing vs. software).
Where are AXA SA and Canon Inc. headquartered?
AXA SA is headquartered in France and Canon Inc. is headquartered in Japan. Their different home markets mean they may face different regulatory frameworks, tax regimes, and currency exposure.
Who founded AXA SA and Canon Inc.?
AXA SA was founded by Jacques-Théodore le Carpentier, Claude Bébéar. Canon Inc. was founded by Takeshi Mitarai, Goro Yoshida, Saburo Uchida, Takeo Maeda.
Which company has a longer operating history — AXA SA or Canon Inc.?
AXA SA has been operating for approximately 209 years, making it the more established of the two companies. Canon Inc. has been in operation for around 89 years. A longer operating history often signals greater institutional resilience and brand recognition, though it can also mean slower adaptation to new market conditions.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the AXA vs Canon overview