Canon vs Ford: Founders, CEOs and History
Canon was founded in 1937 by Takeshi Mitarai, Goro Yoshida, Saburo Uchida and is led by Fujio Mitarai. Ford was founded in 1903 by Henry Ford, Alexander Y. Malcomson and is led by Jim Farley.
Company facts
Founders
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…
Ford
Henry Ford
Ford Motor Company possesses arguably the most famous, influential founding story in the entire history of global capitalism, tracing its roots to the ambition of the man who invented modern mass production.
Alexander Y. Malcomson
Alexander Malcomson was essential to the creation of Ford Motor Company because he helped turn Henry Ford's mechanical vision into an incorporated enterprise.
CEOs and their tenures
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
Ford
- William Clay Ford Jr.2001–2006
Chairman and CEO
He handed the chief executive role to Alan Mulally in 2006 and remained executive chairman.
Source - Alan Mulally2006–2014
Former President and CEO
Mulally is universally recognized as the savior of the modern Ford Motor Company. By breaking down entrenched corporate fiefdoms and instilling a culture of radical transparency and operational discipline, he orchestrated one of the most remarkable corporate t…
Source - Mark Fields2014–2017
President and CEO
Ford announced investments in electric and autonomous vehicles during his tenure, and the board replaced him in 2017 with Jim Hackett.
Source - Jim Hackett2017–2020
President and CEO
Hackett launched the redesign of Ford operations before retiring in 2020, when Jim Farley became chief executive.
Source - Jim Farley2020–present
President and Chief Executive Officer
Farley's aggressive, uncompromising leadership has forced a profound cultural and structural modernization at the 120-year-old automaker.
Source
Timeline: Canon and Ford side by side
1903Ford
Ford Motor Company Founded
Henry Ford and investors incorporated Ford Motor Company in Michigan to produce and sell automobiles.
1908Ford
Model T Introduced
The Model T became Ford's breakthrough mass-market automobile and set up the company's scale advantage.
1913Ford
Moving Assembly Line
Ford's moving assembly line changed industrial manufacturing and lowered the cost of automobile production.
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.
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.
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.
1999Ford
Acquired Volvo Cars
Ford Motor acquired Volvo Cars for $6.45 billion. Ford acquired Volvo Cars to strengthen its global premium portfolio and gain access to a brand known for safety engineering.
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.
2006Ford
One Ford Turnaround Begins
Alan Mulally began the One Ford turnaround, simplifying the company and preserving liquidity before the financial crisis.
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.
2018Canon
EOS R mirrorless system
Canon launches the full-frame EOS R mirrorless system and RF lens mount.
2020Ford
Jim Farley becomes CEO
Jim Farley became CEO of Ford Motor in 2020. Farley's aggressive, uncompromising leadership has forced a profound cultural and structural modernization at the 120-year-old automaker.
2021Ford
Ford Pro Strategy Accelerates
Ford sharpened its commercial-vehicle strategy around fleet services, telematics, charging, and customer lifetime value.
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.
2023Ford
Segment Reporting Realigned
Ford began reporting Ford Blue, Ford Model e, and Ford Pro to clarify the economics of legacy, EV, and commercial businesses.
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.
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).
2025Ford
Revenue Growth and Net Loss
Ford reported $187.267B of FY2025 revenue but a net loss of $8.162B, making capital discipline the central investor issue.
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.
2026Ford
Guidance Raised After EV Reset
Ford raised 2026 adjusted EBIT guidance to $10B-$11B in July 2026 despite a $1.3B Q2 net loss driven by BlueOval SK exit charges.
Acquisitions
Canon
- Canon Electronics (minority shares)2026Undisclosed
- Redlen Technologies2021$335M
- BriefCam2018Undisclosed
- Kite2017Undisclosed
- Toshiba Medical Systems2016$5.9B
- Axis Communications2015$2.8B
Ford
- Electriphi2021Undisclosed
- Spin2018$100M
- Autonomic2018Undisclosed
- Land Rover2000$2.7B
- Volvo Cars1999$6.5B
- Jaguar Cars1989$2.5B
Questions about Canon vs Ford
Who is the CEO of Canon Inc. and Ford Motor Company?
Canon Inc. is led by Fujio Mitarai and Ford Motor Company is led by Jim Farley. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.
When was Canon Inc. founded vs Ford Motor Company?
Ford Motor Company was founded in 1903 — 34 years before Canon Inc., which was founded in 1937. Ford Motor Company'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 Canon Inc. have compared to Ford Motor Company?
Canon Inc. employs approximately 165,547 people, while Ford Motor Company employs approximately 169,000. Ford Motor Company has the larger workforce at 169,000 employees, compared to Canon Inc.'s 165,547. A higher headcount does not necessarily imply greater efficiency — it often reflects differences in business model (e.g., manufacturing vs. software).
Where are Canon Inc. and Ford Motor Company headquartered?
Canon Inc. is headquartered in Japan and Ford Motor Company is headquartered in United States. Their different home markets mean they may face different regulatory frameworks, tax regimes, and currency exposure.
Who founded Canon Inc. and Ford Motor Company?
Canon Inc. was founded by Takeshi Mitarai, Goro Yoshida, Saburo Uchida, Takeo Maeda. Ford Motor Company was founded by Henry Ford, Alexander Y. Malcomson.
Which company has a longer operating history — Canon Inc. or Ford Motor Company?
Ford Motor Company has been operating for approximately 123 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 Canon vs Ford overview