Canon 2014 Annual Report Download - page 88

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86
The Board of Directors and Stockholders of
Canon Inc.
We have audited the accompanying consolidated balance sheets of Canon Inc. and subsidiaries as of December 31, 2014 and 2013,
and the related consolidated statements of income, comprehensive income, equity, and cash flows for each of the three years in
the period ended December 31, 2014. Our audits also included the schedule of valuation and qualifying accounts (the “schedule”).
These financial statements and schedule are the responsibility of the Company’s management. Our responsibility is to express an
opinion on these financial statements and schedule based on our audits.
We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States).
Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial state-
ments are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclo-
sures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made
by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable
basis for our opinion.
In our opinion, the financial statements referred to above present fairly, in all material respects, the consolidated financial position
of Canon Inc. and subsidiaries at December 31, 2014 and 2013, and the consolidated results of their operations and their cash flows
for each of the three years in the period ended December 31, 2014, in conformity with U.S. generally accepted accounting princi-
ples. Also, in our opinion, the related financial statement schedule, when considered in relation to the basic financial statements
taken as a whole, presents fairly in all material respects the information set forth therein.
We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States), Canon
Inc. and subsidiaries’ internal control over financial reporting as of December 31, 2014, based on criteria established in Internal
Control—Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (2013 frame-
work) and our report dated March 27, 2015 expressed an unqualified opinion thereon.
March 27, 2015
REPORT OF INDEPENDENT REGISTERED
PUBLIC ACCOUNTING FIRM