Canon Inc. ranks No. 170 on FORTUNE's 2006 Global 500
(Fortune) -- Canon Inc (Charts). ranks no. 170 on FORTUNE's Global 500 this year, with $34.1 billion in revenues, up 6.3% from the previous year. The Tokyo, Japan-based company was ranked no. 154 on the 2005 list. Its 2005 profits were $3.5 billion, up 9.8% from a year earlier.
2005 was a banner year for most Global 500 companies. It took $13.7 billion in revenue just to make this year's list - up from $12.4 billion last year. And profits for the 500 companies jumped 30%. Total revenues for the Global 500 in 2006 add up to $18.9 trillion, a third of the world's GDP.
In the Computers, Office Equipment industry, profits were up 10.3% from the previous year. The world's biggest companies in the sector are: Intl. Business Machines (Charts), ranked no. 29 on the Global 500 with $91.1 billion in revenues; Hewlett-Packard (Charts), ranked no. 33 on the Global 500 with $86.7 billion in revenues; Dell (Charts), ranked no. 88 on the Global 500 with $55.9 billion in revenues; NEC Corporation (Charts), ranked no. 128 on the Global 500 with $42.6 billion in revenues; and Fujitsu Limited (Charts), ranked no. 133 on the Global 500 with $42.3 billion in revenues.
The Global 500 list is an annual ranking of the world's largest corporations by revenues.
Next: Full list: 2006 Global 500 at //money.cnn.com/global500
Plus: See Canon Inc.'s Global 500 details, including financial stats and contact information.Next: See 2006 FORTUNE Global 500
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