Fujio Mitarai

Fujio Mitarai (御手洗 冨士夫, Mitarai Fujio, born September 23, 1935) is the chairman and CEO of Canon inc.[citation needed] He studied law at Chuo University, and was President of Canon in the USA until 1989.

[2][3] Mitarai used a unique blend of eastern and western managerial styles to mold Canon into a highly successful company.

Through a large overhaul he was able to bring the company back to profitability with a style that was coined "the Mitarai way.

In 1989 Mitarai returned to Japan and found that several of the company's divisions were in the red, however he was unable to do anything about it until 1995 when he was made CEO.

In Mitarai's quest to generate profits he also began to provide performance incentives to his managers.