Precision leads to finesse. Canon denotes the top notch quality that ever improves down the generations. The company started off in 1930’s with absolutely no funds to even purchase optical glass. It is now one of the global giants and market leader in cameras, camcorders, printers and optical products. The company was originally named Seikikogaku Kenkysho, meaning Precision Optical Industry. The start-up was founded by Takeshi Mitarai, Goro Yoshida, Saburo Uchida and Takeo Maeda. The idea was to make finest optical instruments.
When the four founders lacked funds to purchase necessary equipment, they made a camera with lenses from Nikon Corporation. Interestingly, Canon and Nikon are market competitors in the present times. The team made their first prototype of a camera for the first time in Japan. It was named as Kwanon. Over the years, the name switched from there to Canon Camera Co Inc. and finally Canon Inc. in the 1960s.