Canon Inc (CNNA) - Net Assets
Based on the latest financial reports, Canon Inc (CNNA) has net assets worth €3.77 Trillion EUR (≈ $4.41 Trillion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€6.14 Trillion ≈ $7.17 Trillion USD) and total liabilities (€2.36 Trillion ≈ $2.76 Trillion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check CNNA intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €3.77 Trillion |
| % of Total Assets | 61.52% |
| Annual Growth Rate | 2.6% |
| 5-Year Change | 21.81% |
| 10-Year Change | N/A |
| Growth Volatility | 5.24 |
Canon Inc - Net Assets Trend (2016–2025)
This chart illustrates how Canon Inc's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Canon Inc to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Canon Inc (2016–2025)
The table below shows the annual net assets of Canon Inc from 2016 to 2025. For live valuation and market cap data, see Canon Inc market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €3.77 Trillion ≈ $4.41 Trillion |
+3.54% |
| 2024-12-31 | €3.65 Trillion ≈ $4.26 Trillion |
+1.09% |
| 2023-12-31 | €3.61 Trillion ≈ $4.22 Trillion |
+7.66% |
| 2022-12-31 | €3.35 Trillion ≈ $3.92 Trillion |
+8.09% |
| 2021-12-31 | €3.10 Trillion ≈ $3.62 Trillion |
+11.29% |
| 2020-12-31 | €2.78 Trillion ≈ $3.25 Trillion |
-3.73% |
| 2019-12-31 | €2.89 Trillion ≈ $3.38 Trillion |
-4.17% |
| 2018-12-31 | €3.02 Trillion ≈ $3.53 Trillion |
-2.53% |
| 2017-12-31 | €3.10 Trillion ≈ $3.62 Trillion |
+3.39% |
| 2016-12-31 | €2.99 Trillion ≈ $3.50 Trillion |
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Equity Component Analysis
This analysis shows how different components contribute to Canon Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 17.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €4.00 Trillion | 114.63% |
| Total Equity | €3.49 Trillion | 100.00% |
Canon Inc Competitors by Market Cap
The table below lists competitors of Canon Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DSM-Firmenich AG
AS:DSFIR
|
$18.41 Billion |
|
AIB Group PLC
IR:A5G
|
$18.42 Billion |
|
COCA COLA HBC AG ADRS
F:CCKC
|
$18.44 Billion |
|
RBC Bearings Incorporated
NYSE:RBC
|
$18.47 Billion |
|
Companhia de Saneamento Básico do Estado de São Paulo - SABESP
F:SAJA
|
$18.41 Billion |
|
Tourmaline Oil Corp.
TO:TOU
|
$18.41 Billion |
|
ideaForge Technology Limited
NSE:IDEAFORGE
|
$18.41 Billion |
|
Nan Ya Printed Circuit Board Corp
TW:8046
|
$18.40 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Canon Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,380,273,000,000 to 3,491,808,000,000, a change of 111,535,000,000 (3.3%).
- Net income of 332,053,000,000 contributed positively to equity growth.
- Dividend payments of 147,644,000,000 reduced retained earnings.
- Share repurchases of 300,019,000,000 reduced equity.
- Other factors increased equity by 227,145,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €332.05 Billion | +9.51% |
| Dividends Paid | €147.64 Billion | -4.23% |
| Share Repurchases | €300.02 Billion | -8.59% |
| Other Changes | €227.15 Billion | +6.51% |
| Total Change | €- | 3.30% |
Book Value vs Market Value Analysis
This analysis compares Canon Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.01x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €2658.59 | €23.40 | x |
| 2018-12-31 | €2618.76 | €23.40 | x |
| 2019-12-31 | €2531.03 | €23.40 | x |
| 2020-12-31 | €2462.32 | €23.40 | x |
| 2021-12-31 | €2747.99 | €23.40 | x |
| 2022-12-31 | €3065.55 | €23.40 | x |
| 2023-12-31 | €3394.44 | €23.40 | x |
| 2024-12-31 | €3580.83 | €23.40 | x |
| 2025-12-31 | €3974.17 | €23.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Canon Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.51%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.18%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 1.76x
- Recent ROE (9.51%) is above the historical average (6.81%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 5.41% | 4.43% | 0.66x | 1.85x | €-127.66 Billion |
| 2017 | 8.43% | 5.93% | 0.78x | 1.81x | €-45.14 Billion |
| 2018 | 8.94% | 6.40% | 0.81x | 1.73x | €-30.01 Billion |
| 2019 | 4.65% | 3.48% | 0.75x | 1.77x | €-144.15 Billion |
| 2020 | 3.24% | 2.64% | 0.68x | 1.80x | €-174.19 Billion |
| 2021 | 7.47% | 6.11% | 0.74x | 1.65x | €-72.66 Billion |
| 2022 | 7.84% | 6.05% | 0.79x | 1.64x | €-67.35 Billion |
| 2023 | 7.89% | 6.33% | 0.77x | 1.62x | €-70.79 Billion |
| 2024 | 4.73% | 3.55% | 0.78x | 1.71x | €-178.00 Billion |
| 2025 | 9.51% | 7.18% | 0.75x | 1.76x | €-17.13 Billion |
Industry Comparison
This section compares Canon Inc's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $15,534,846,282
- Average return on equity (ROE) among peers: -0.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Canon Inc (CNNA) | €3.77 Trillion | 5.41% | 0.63x | $18.41 Billion |
| Legend Holdings Corporation (1PC) | $78.98 Billion | 6.75% | 3.24x | $2.43 Billion |
| Nano Dimension Ltd (2N5B) | $1.02 Billion | -5.37% | 0.05x | $295.80 Million |
| EBANG INTL HLDGS (NEW) A (7EBA) | $245.04 Million | -5.75% | 0.05x | $9.95 Million |
| CORELENS S.A. ZY -10 (9GK) | $143.27 Million | -4.75% | 0.15x | $514.90K |
| Asetek A/S (A31) | $41.13 Million | -58.19% | 0.93x | $77.66 Million |
| Acer Incorporated (AC5G) | $59.20 Billion | 4.45% | 1.64x | $2.65 Billion |
| Cherry AG (C3RY) | $142.59 Million | 0.06% | 1.04x | $12.27 Million |
| Hyrican Informationssysteme Aktiengesellschaft (HYI) | $26.41 Million | -1.79% | 0.16x | $24.25 Million |
| ParTec AG (JY0) | $22.50 Million | 63.40% | 0.89x | $128.80 Million |
About Canon Inc
Canon Inc., together with its subsidiaries, develops, produces, sells, and services various printing, medical, imaging, and industrial equipment in Japan, the Americas, Europe, Asia, and Oceania. It operates through four segments: Printing Business Unit, Medical Business Unit, Imaging Business Unit, and Industrial Business Unit. The company offers digital continuous-feed and cut-sheet, large-form… Read more