Canon 2002 Annual Report Download - page 2

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1 Financial Highlights
2 To Our Shareholders
Canon turns around from a slow first half
to set new consolidated net sales and
net income records
4 Interview with the President
Fujio Mitarai, Canon Inc.’s president and
CEO, reveals the secrets behind
Canon’s success and provides a look at
future plans
9 Taking Action in the Century of the
Environment
Highlighting Canon’s environmental
philosophy and recent activities
12 Philanthropic Activities
A look at recent trends in Canon’s social
and cultural support activities
13 Product Group Summary
Product category-specific reports on
results and strategies for the future
14 Business Machines
14 Copying Machines
Canon launches its first color digital
multifunction device (MFD) for the
fast-growing color document business
16 Computer Peripherals
Competitive Bubble Jet printers sell well,
and Canon maintains its leadership of
the global monochrome laser beam
printer market
18 Business Systems
Canon increases sales of ink-jet
multifunction peripherals and prepares
to expand portable data terminal
business globally
20 Cameras
Strong sales achieved for digital cameras
and digital video camcorders, as the
market continues to shift to digital
24 Optical Products
Canon releases the world’s first 100x
zoom television broadcasting lens; sluggish
IT-related demand impacts semiconductor
production equipment sales
27 Financial Section
76 Major Consolidated Subsidiaries
Board of Directors and Corporate
Auditors
77 Transfer Office and Registrars
Shareholders’ Information
* As of December 31, 2002
CONTENTS
Coporate Profile
Canon Inc. (NYSE: CAJ) and the Canon Group develop,
produce and market a wide range of products used in the
home, offices and industry, including business machines,
conventional and digital cameras, lenses, digital video
camcorders, semiconductor production equipment,
television broadcasting lenses and medical equipment.
The Group employs 97,802 people* worldwide.
The operating environment in 2003 remained harsh,
but Canon’s strong product lines and successful
management reformation activities made possible the
third consecutive year of record-breaking consolidated
net income. The Group also made significant progress in
achieving the aims of Phase II of the Excellent Global
Corporation Plan, which commenced in 2001 and will
conclude in 2005.
The Canon Group pursues a variety of environmental
and philanthropic activities under its corporate philosophy
of or living and working together for the common
good. We are also fulfilling our duties to investors and
society by stressing good corporate governance
throughout our activities.
kyosei,