Fujio Mitarai

DEFINITION of 'Fujio Mitarai'

Chairman of the Board and CEO of Japanese consumer-electronics company Canon. Born in 1935 in Japan, Mitarai joined Canon in 1961 as an accountant, became president and CEO of Canon U.S.A. in 1979, and returned to Canon in Japan in 1989 to serve as senior managing director and later become president and CEO in the mid-1990s. Business Week (2001) named him one of the world's top managers.

BREAKING DOWN 'Fujio Mitarai'

In America, Mitarai helped the company launch several successful camera products and expanded the company's printer and copier business. When he returned to Japan, many of the company's Japanese divisions were operating at a loss. He streamlined the company by eliminating unsuccessful divisions and returned it to profitability.



RELATED TERMS
  1. E. Linn Draper Jr.

    A former chairman, CEO and president of Ohio-based public utility ...
  2. Fujio Cho

    The chairman and former president of Toyota Motor Corporation. ...
  3. Jamie Dimon

    The chairman, CEO and former president of JPMorgan Chase & ...
  4. Thomas J. Engibous

    A former chairman, CEO and president at electronics company Texas ...
  5. Nikkei

    Short for Japan's Nikkei 225 Stock Average, the leading and most-respected ...
  6. Board Of Directors - B Of D

    A group of individuals that are elected as, or elected to act ...
Related Articles
  1. ETFs & Mutual Funds

    The Top 5 ETFs For Investing in Japan (HEWJ, EWJ)

    Look at a list of some of the best Japan ETFs in today's market, and how investors can use hedged or leveraged ETFs to mitigate risks or exaggerate returns.
  2. ETFs & Mutual Funds

    The 5 Largest Japan ETFs (EWJ, DXJ)

    Discover several of the largest Japan ETFs, as measured by assets under management, and learn about the investment exposure each provides.
  3. Markets

    Toshiba Highlights the Need for Faster Corporate Reform in Japan

    There is no doubt that Japan is still a leader in technology and production excellence, but that edge is in danger of being squandered.
  4. Markets

    The 3 Biggest Risks For GoPro Stock

    GoPro's popular performance videos are proliferating the interwebs at increasing rates, but may investors might not be yet familiar with GoPro stock.
  5. Markets

    Aging Japan Is an Arrow in the Back of Abenomics

    There are many factors affecting Japan’s economic difficulties, but the true killer of Abenomics may simply be Japan’s aging population.
  6. ETFs & Mutual Funds

    The Top 3 ETFs to Track the TOPIX for 2016 (JPXN, EWJ)

    FInd the best ETFs that investors can use to obtain exposure to Japanese equities by tracking one of the major Japanese equity market indexes in 2016.
  7. Markets

    Japan's Case Study: Diminished Effects on QE

    Examine more than 25 years of Japanese expansionary policy, both fiscal and monetary, to see why quantitative easing hasn't worked as expected.
  8. Markets

    3 Economic Challenges Japan Faces in 2016

    Understand the important challenges for Shinzo Abe and the Bank of Japan to help Japan's economy escape deflation in the coming year.
  9. Trading

    What Forex Traders Need To Know About The Yen

    The Japanese Yen possesses some unique qualities that traders should know before jumping in.
  10. ETFs & Mutual Funds

    Why Investors are Bailing on Japanese Stocks

    Foreign investors have pulled out of Japanese equities to the tune of $46 billion so far this year.
RELATED FAQS
  1. What is the difference between a president and a chief executive officer? Can there ...

    In general, the chief executive officer (CEO) is thought of as the highest ranking officer in a company while the president ... Read Answer >>
  2. Is Japan an emerging market economy?

    Discover whether Japan is an emerging market economy. Emerging markets have high levels of risk and reward due to their growth ... Read Answer >>
  3. How is minimum transfer price calculated?

    Discover how to calculate the minimum transfer price for goods and materials that have been transferred between multiple ... Read Answer >>
  4. What is Jeff Weiner's educational and professional background?

    Learn about how Internet tycoon and LinkedIn CEO Jeff Weiner became one of the most influential people in the world of social ... Read Answer >>
  5. How is the Chairman of the Securities and Exchange Commission (SEC) chosen?

    Learn how the Chairman of the Securities and Exchange Commission is chosen, from presidential appointment to Senate confirmation. Read Answer >>
  6. How does transfer pricing affect managerial accounting?

    Learn how transfer prices affect managerial accounting in terms of divisions' incentives to deal with each other, performance ... Read Answer >>
Hot Definitions
  1. Brazil, Russia, India And China - BRIC

    An acronym for the economies of Brazil, Russia, India and China combined. It has been speculated that by 2050 these four ...
  2. Brexit

    The Brexit, an abbreviation of "British exit" that mirrors the term Grexit, refers to the possibility of Britain's withdrawal ...
  3. Underweight

    1. A situation where a portfolio does not hold a sufficient amount of a particular security when compared to the security's ...
  4. Russell 3000 Index

    A market capitalization weighted equity index maintained by the Russell Investment Group that seeks to be a benchmark of ...
  5. Enterprise Value (EV)

    A measure of a company's value, often used as an alternative to straightforward market capitalization. Enterprise value is ...
  6. Security

    A financial instrument that represents an ownership position in a publicly-traded corporation (stock), a creditor relationship ...
Trading Center