Canon 2004 Annual Report Download - page 9

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In January 2004, we established new
standing committees, namely the
Corporate Ethics and Compliance
Committee and Internal Control
Committee, with the president appointed
as chairman of both groups. Accordingly,
the purpose of the Corporate Ethics and
Compliance Committee is to examine,
from various viewpoints, Canon’s social
responsibilities and to convey the findings
to the Company with the intention of
raising compliance and ethical awareness.
The Internal Control Committee not
only serves to ensure the reliability of the
Company’s financial reporting in accordance
with the Sarbanes-Oxley Act, but also aims
to ensure the effectiveness and efficiency
of our business operations, as well as
compliance with related laws, regulations
and internal controls. The committee
performs reviews of control systems for the
entire Canon Group and has documented
control activities related to the Company’s
operations. Subsequently, the committee
will evaluate and bolster documented
internal-control processes and, at the
same time, intensify efforts targeting
more efficient operation processes.
Corporate Auditors
and Internal Auditing
Canon’s Board of Corporate Auditors
consists of four members, two of whom are
outside corporate auditors. In accordance
with the Board of Corporate Auditors’
auditing policies and their assigned duties,
the auditors attend board, management,
and various committee meetings, listen to
business reports from the directors and
others, carefully examine documents related
to important decisions, and conduct strict
audits of the Company’s business and assets .
With regard to external audits, we
established regulations related to the pre-
approval of policies and procedures for
both auditing and non-auditing services
to reinforce the independence of our
accounting firms. Based on the regula-
tions, the Board of Corporate Auditors
must approve in advance the content and
related amounts of contracts between the
accounting firms and the company before
they are entered into.
Furthermore, the Corporate Audit
Center, which serves as an internal auditing
division, conducts audits covering such
areas as compliance and internal control
systems, and provides assessments and
proposals. The various relevant administra-
tive divisions also work very closely with the
Corporate Audit Center to inspect such
areas as quality, environmental issues,
information security, and physical security.
Board of Directors Board of Corporate Auditors
President and CEO Executive Committee
Corporate Audit Center
Headquarters Administrative Divisions
Product Group Operations
Management Strategy Committee
New Business Development Committee
Corporate Ethics and Compliance Committee
Internal Control Committee
Global Legal Affairs Coordination Committee
Global Marketing Promotion Committee
Marketing Subsidiaries & Affiliates
Manufacturing Subsidiaries & Affiliates
R&D Subsidiaries & Affiliates
Canon Inc.
Subsidiaries &
Affiliates
Canon Governance Structure (as of December 31, 2004)
Board of Directors (as of December 31, 2004)
President & CEO
Fujio Mitarai
Chairman, Management Strategy Committee,
New Business Development Committee,
Corporate Ethics and Compliance Committee,
Internal Control Committee
Senior Managing Directors
Yukio Yamashita
Chief, Global Marketing Promotion Committee;
Group Executive, Human Resources
Management & Organization Headquarters
Toshizo Tanaka
Group Executive, Finance & Accounting
Headquarters
Kinya Uchida
President & CEO, Canon U.S.A., Inc.
Tsuneji Uchida
Chief Executive, Image Communication
Products Operations
Managing Directors
Yusuke Emura
Group Executive, Global Environment
Promotion Headquarters
Nobuyoshi Tanaka
Chief, Global Legal Affairs Coordination Committee;
Group Executive, Corporate Intellectual
Property & Legal Headquarters; Senior General
Manager, Legal Affairs Coordination Division
Junji Ichikawa
Chief Executive, Optical Products Operations
Hajime Tsuruoka
President, Canon Europa N.V.; President &
CEO, Canon Europe Ltd.
Akiyoshi Moroe
Group Executive, General Affairs Headquarters
Kunio Watanabe
Group Executive, Corporate Planning
Development Headquarters
Ikuo Soma
Chief Executive, Office Imaging Products
Operations
Hironori Yamamoto
Group Executive, Core Technology
Development Headquarters
Directors
Yoroku Adachi
President & CEO, Canon (China) Co., Ltd.
Yasuo Mitsuhashi
Chief Executive, Peripheral Products Operations
Katsuichi Shimizu
Chief Executive, Inkjet Products Operations
Ryoichi Bamba
Executive Vice President, Canon U.S.A., Inc.
Tomonori Iwashita
Deputy Chief Executive, Image Communication
Products Operations
Toshio Homma
Group Executive, L Printer Business Promotion
Headquarters
Shigeru Imaiida
Group Executive, Global Manufacturing
Headquarters
Masahiro Osawa
Group Executive, Global Procurement
Headquarters
Keijiro Yamazaki
Group Executive, Information &
Communication Systems Headquarters
Shunichi Uzawa
Group Executive, SED Development
Headquarters; President, SED Inc.
Masaki Nakaoka
Deputy Chief Executive, Office Imaging
Products Operations
Toshiyuki Komatsu
Group Executive, Leading-Edge Technology
Development Headquarters; Deputy Group
Executive, Core Technology Development
Headquarters
Shigeyuki Matsumoto
Group Executive, Device Technology
Development Headquarters
Haruhisa Honda
Chief Executive, Chemical Products
Operations
Corporate Auditors
Teruomi Takahashi
Kunihiro Nagata
Tadashi Ohe
Tetsuo Yoshizawa