Toshiba will sell all shares of Toshiba Medical Finance to Canon. The transaction will become effective on March 31, 2017 on which date TMF will become a consolidated subsidiary of Canon.

On December 19, 2016, Canon acquired Toshiba Medical Systems, which holds 35% of the shares of TMF, a company that leases medical equipment. Through this share acquisition with Toshiba, Canon attained the remaining 65% of TMF. Canon will build a collaborative organization between TMS and TMF as it accelerates the growth of its medical equipment business.