Thursday, February 27, 2014

Fujio Mitarai: Returning President Of Canon

Fujio Mitarai was born on September 23, 1935 in Kamae, Oita, Japan. While many heads of technology companies have business or engineering backgrounds Mitarai came with a law degree. He studied law at Chou University.

He was Corporate Auditor of Dai-ichi Mutual Life Insurance Co. and later joined Canon Inc. in April 1961. He became President of Canon, U.S.A. Inc., a subsidiary of Canon Inc. in 1979. Mitarai became the Managing Director of Canon, Inc. in 1985 and later served as In-charge of HQ Administration starting January, 1989. Among other positions he promoted to Executive Vice President in March 1993. Mitarai became the sixth president of Canon, Inc. in 1995. He was elected Chairman in March 2006.

Mitarai employed a unique management approach blending eastern and western styles to shape Canon, Inc. into a very successful company. He executed a large overhaul of the company which allowed it to return to profitability. His style of management has been dubbed “the Mitarai way.”

In 2010 Mitarai resigned from the Chairman position and became Chairman Emeritus. It seems like his talents are still needed as he returned as President in 2012.
  

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