Casio 2016 Annual Report Download - page 3

Download and view the complete annual report

Please find page 3 of the 2016 Casio annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 46

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46

Annual Report 2016 / 462
CONTENTS
To Our Stakeholders Prole Special Features ESG Information Financial Section Corporate Data
To Our Stakeholders
Kazuhiro Kashio
President and Chief Operating Officer
Kazuhiro Kashio
President and Chief Operating Officer
Kazuo Kashio
Chairman and Chief Executive Officer
keyboards. Specifically, we will market instruments to specialty musical instrument stores and music
schools, and we will expand sales of keyboards in North America and Europe.
In the digital camera business, we will maintain high unit prices and strong profitability by marketing
original high-end products.
In terms of new business, we released the Smart Outdoor Watch in Japan and the US in March 2016, to a
strong reception. The watch is a departure from conventional smartwatches, in that it has clearly defined
applications and is designed especially for certain users. We will begin marketing this product in Europe in
fiscal 2017. In addition, we will launch a new global website in September 2016 for businesspeople, featuring
videos that communicate the experience and expertise Casio has gained over its 60 years in business.
Casio is making steady strides in strengthening its business position, maintaining a policy of providing
shareholder returns based on earnings. We will aim to further increase profitability and improve upon the
already high 15.4% return on equity (ROE) which we posted in fiscal 2016, keeping it balanced with the
equity ratio. Based on our strong earnings in fiscal 2016, we have increased the dividend by ¥5 per share
over the previous fiscal year, to a record-high ¥40 per share.
In fiscal 2017, we will endeavor to further increase shareholder returns by continuing to grow profits. We
will make every effort to execute our business so that it keeps meeting the expectations of our
shareholders. Thank you for your continued support.
Message for Shareholders