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Canon U.S.A. Announces The Appointment Of Mr. Toru Nishizawa As President Of Canon Virginia, Inc.

Lake Success, N.Y., February 15, 2012 - Canon U.S.A., Inc., a leader in digital imaging solutions, today announced the appointment of Mr. Toru Nishizawa as President and Chief Executive Officer of Canon Virginia (CVI) and President of Industrial Resource Technologies, Inc. (IRT), effective April 1, 2012. Mr. Nishizawa will be replacing Mr. Yusaku Azuma, following Mr. Azuma's retirement in March. Mr. Nishizawa, most currently served as Executive Vice President for the Business & Technology Development Group at CVI and President and CEO of Canon U.S. Life Sciences. He will retain his role as President and CEO of Canon U.S. Life Sciences. CVI, located in Newport News, Va., is Canon's largest manufacturing, engineering and technology center in the Americas region.

"Mr. Nishizawa's experience and leadership will guide CVI through its next phase of business development and growth. We are pleased to have Mr. Nishizawa assume the responsibilities of leading Canon Virginia, as we look toward a future where Canon's manufacturing facilities in the US will play greater roles in the overall success of our company," said Mr. Joe Adachi, president and CEO, Canon U.S.A. "For 29 years, including more than 10 Canon Americas group companies, Mr. Azuma has served Canon with distinction. The success and growth of Canon Virginia's Advanced Cartridge Manufacturing facility under his direction has been significant. During his tenure, automated manufacturing and recycling methodologies have been introduced at both CVI and IRT that are among the most advanced in the world."

Mr. Nishizawa currently resides in Virginia and began his career with Canon in 1980 upon graduation from the Tokyo Institute of Technology with a degree in management engineering. Most recently he held the position of Executive Vice President for the Business & Technology Development Group at CVI. Prior to that appointment, Mr. Nishizawa served as Group Executive of the Office Imaging Products Business Support at Canon Inc. from 2009 to July 2010 and served as President of Canon Giessen in Germany from 2004 until 2009.

In January 2008, Mr. Azuma was appointed Senior Vice President and Plant Manager for CVI's Advanced Cartridge Manufacturing (ACM) facility. He became President and CEO of CVI and President of IRT in January 2010. During his tenure at CVI, Mr. Azuma has overseen the ACM project from the concept design and construction stage through the implementation of the initial laser printer cartridge manufacturing lines.

About Canon U.S.A., Inc.

Canon U.S.A., Inc., is a leading provider of consumer, business-to-business, and industrial digital imaging solutions. With more than $46 billion in global revenue, its parent company, Canon Inc. (NYSE:CAJ), ranks fourth overall in patent holdings in the U.S. in 2010†, and is one of Fortune Magazine's World's Most Admired Companies in 2011. Canon U.S.A. is committed to the highest levels of customer satisfaction and loyalty, providing 100 percent U.S.-based consumer service and support for all of the products it distributes. Canon U.S.A. is dedicated to its Kyosei philosophy of social and environmental responsibility. To keep apprised of the latest news from Canon U.S.A., sign up for the Company's RSS news feed by visiting www.usa.canon.com/rss.


† Based on weekly patent counts issued by United States Patent and Trademark Office.

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