TOKYO, Jan 30 (News On Japan) - Canon announced a change in its top management, with President Fujio Mitarai set to relinquish the presidency for the third time. Mitarai, currently 90, will move into the role of chairman and chief executive officer while handing day-to-day management to Vice President Ogawa, who will assume the post of president and chief operating officer. “I will continue to set the company’s management direction as chairman and CEO, while working closely with Vice President Ogawa as he takes on the role of president and COO,” Mitarai said. Mitarai first became president in 1995 and has led the company for more than three decades, steering Canon’s expansion into a global enterprise. Mitarai returned to the presidency in 2020 after the previous president stepped down for health reasons, marking his third term in the role after a four-year interval.