Canon 2014 Annual Report Download - page 3

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01
CORPORATE PROFILE
Canon develops, manufactures and markets a growing lineup of
copying machines, printers, cameras and industrial and other
equipment. Through these products, the Company meets grow-
ing customer needs that are becoming increasingly diversified and
sophisticated. Today, the Canon brand is recognized and trusted
throughout the world.
In 1996, Canon launched its Excellent Global Corporation
Plan with the aim of becoming a company worthy of admiration
and respect the world over. Currently, the Company is work-
ing to achieve the overwhelming No. 1 position in its existing
core businesses and expand related and peripheral businesses by
strengthening its advanced solutions business, centered on inno-
vative products, and through other measures. At the same time,
Canon is nurturing its operations in the fields of medical equip-
ment and industrial equipment, to establish new core businesses.
The Company is working to fulfill its responsibilities to inves-
tors and society, emphasizing sound corporate governance and
stepping up the implementation of activities that contribute to
environmental and social sustainability.
CORPORATE PHILOSOPHY: KYOSEI
Canon’s corporate philosophy is kyosei.
It conveys our dedication to seeing all people, regardless of cul-
ture, customs, language or race, harmoniously living and working
together in happiness into the future. Unfortunately, current fac-
tors related to economies, resources and the environment make
realizing kyosei difficult.
Canon strives to eliminate these factors through corporate activ-
ities rooted in kyosei. Truly global companies must foster good
relations with customers and communities, as well as with govern-
ments, regions and the environment as part of their fulfillment of
social responsibilities.
For this reason, Canon’s goal is to contribute to global prosper-
ity and the well-being of mankind as we continue our efforts to
bring the world closer to achieving kyosei.
CORPORATE GOAL
Canon sees itself growing and prospering over the next 100, and
even 200, years. Toward this end, the Company has been promot-
ing its Excellent Global Corporation Plan, launching Phase IV of
the initiative in 2011. Building on the financial strengths that the
Company has continuously reinforced through the implementa-
tion of the plan, Canon aims to join the ranks of the world’s top
100 companies in terms of major management indicators.
TABLE OF CONTENTS
STRATEGY 02 TO OUR STOCKHOLDERS
BUSINESS
SEGMENT
10 AT A GLANCE
12 OFFICE BUSINESS UNIT
14 IMAGING SYSTEM BUSINESS UNIT
16 INDUSTRY AND OTHERS BUSINESS UNIT
18 2014 TOPICS
CORPORATE
STRUCTURE
20 CORPORATE GOVERNANCE
24 RESEARCH & DEVELOPMENT
26 PRODUCTION
28 SALES & MARKETING
30 CORPORATE SOCIAL RESPONSIBILITY
FINANCIAL
SECTION
34 FINANCIAL OVERVIEW
48 TEN-YEAR FINANCIAL SUMMARY
50 CONSOLIDATED BALANCE SHEETS
51 CONSOLIDATED STATEMENTS OF
INCOME
51 CONSOLIDATED STATEMENTS OF
COMPREHENSIVE INCOME
52 CONSOLIDATED STATEMENTS OF
EQUITY
53 CONSOLIDATED STATEMENTS OF
CASH FLOWS
54 NOTES TO CONSOLIDATED FINANCIAL
STATEMENTS
84 SCHEDULE OF VALUATION AND
QUALIFYING ACCOUNTS
85 MANAGEMENT’S REPORT ON INTERNAL
CONTROL OVER FINANCIAL REPORTING
86 REPORTS OF INDEPENDENT REGISTERED
PUBLIC ACCOUNTING FIRM
CORPORATE
DATA
88 TRANSFER AND REGISTRAR’S OFFICE
88 STOCKHOLDER INFORMATION
89 MAJOR CONSOLIDATED SUBSIDIARIES
Cover Photo:
Tim Rayman, nature photographer Canon’s interchange-
able lens digital cameras and interchangeable lenses
have served and will be serving professional photogra-
phers around the world who use the latest technologies
to capture the best moments.