Canon Inc. · TSE:7751
Canon — Investor Presentation (March 2022)
19 slides from Canon's investor presentation, Mar 7, 2022
Slide 1: Corporate Strategy Conference 2022
Canon Canon Inc. Corporate Strategy Conference 2022 March 7, 2022 Fujio Mitarai, Chairman & CEO
Slide 2: Agenda
Agenda @ Excellent Global Corporation Plan Phase VI P1 Review of 2021 @ 2021 Results and Future Growth Strategy by Industry Group *Printing P 2-4 *Imaging P 5-7 *Medical P 8-9 + Industrial P 10-12 @ Financial Strategy P 13 @ Actions to Solve Social Issues P14 @ Summary P15
Slide 3: Review of 2021: first year of Phase VI
In the first year of Phase VI, sales and profit were up significantly compared to 2020, a year in which we posted a substantial decline in our performance due to the impact of COVID-19. Despite sales being significantly impacted by the pandemic, which has yet to subside, the shutdown of production f
Slide 4: Printing market demand remains firm despite digital transformation
Some say that digital transformation will accelerate the move to paperless solutions and shrink the printing market. However, we believe demand for printing will remain firm as paper has long been a medium for deepening understanding and sharing information.
Slide 5: Printing Group: hybrid work and two printing technologies
Last year, the number of people showing up to traditional offices, which was low due to COVID-19, tended to rise throughout the year. However, it did not completely return to normal. On the opposite side, we are seeing increasing diversity in where printing is done as a certain level of hybrid works
Slide 6: Commercial printing growth outlook
We have high expectations for the future of commercial printing, which is expected to continue to grow as a result of the shift from analog to digital printing. Over the past few years, we have received high marks for improving the image quality and productivity of our products in response to custom
Slide 7: Imaging Group targets 1 trillion yen in sales
As for the Imaging Group, which is comprised of three business spheres, namely cameras, network cameras and a new business area that brings together advanced optical technologies, we are targeting 1 trillion yen in sales.
Slide 8: Cameras: EOS R system and market share
As for cameras, although the overall market continues to shrink, this mainly reflects lower sales of entry-class models. In contrast, demand among professionals and advanced amateurs seeking high-quality image expression remains strong. Overall, the market seems to be bottoming out. Over the past se
Slide 9: New imaging business built on optical technology
As for the new imaging business that centers on optical technology, for consumers, last year we launched the PowerShot Pick, the third of our new concept cameras, which can automatically recognize people and capture natural and rich facial expressions of your family’s daily life etc. without being a
Slide 10: Medical Group growth target above 5% per year
In a society where we live with COVID-19 or even in a post-pandemic society, demand for people’s safety and security is increasing more and more. Under this condition, we aim to grow Medical Group sales more than 5% per year.
Slide 11: CT market share goal and Altivity AI brand
We aim to secure the number one global market share position in CT, which accounts for approximately 40% of our sales of mainstay diagnostic imaging products and of which we are the largest market share holder in Japan. Under the new AI brand name “Altivity,” the deep learning image reconstruction t
Slide 12: Medical regional strategy and profitability
By region, we aim to increase our competitiveness in Japan, which currently accounts for approximately 40% of sales, and to achieve a market share of more than 10% in the United States, the world's largest medical device market. As a result of reorganizing our sales organization, we recorded double-
Slide 13: Industrial Group market expansion
The industry for Industrial Group products is expected to continue expanding due to the advancement of digital technologies such as AI, IoT, and 5G. On top of this, demand is becoming even stronger due to social changes caused by the coronavirus pandemic.
Slide 14: Semiconductor lithography and panel equipment demand
Especially for semiconductors, in addition to market expansion, we expect strong demand for lithography equipment to continue as plants are being constructed in various countries for reasons of economic security. In order to capture the maximize amount of this demand, we have been gradually increasi
Slide 15: New equipment: nanoimprint and OLED production
Additionally, in order to achieve further Industrial Group sales growth, we believe that expanding our business sphere is necessary, and are therefore working to develop new equipment. As for nanoimprint, which is a good example of this, we have already reached the level of productivity where they c
Slide 16: Financial strategy and shareholder returns
Our basic policy is to maintain a sound financial position through strict cash flow management. Through this we consistently generate stable cash flow and out of this, we prioritize investments for future growth, such as capital expenditures, M&A, and R&D and then allocate funds to a stable and acti
Slide 17: Actions to solve social issues
Our corporate philosophy is kyosei - Living and working together for the common good. This philosophy of coexistence is the very concept of SDGs. We have been working to preserve the global environment and build good relationships with stakeholders around the world. Last year, we upgraded our enviro
Slide 18: Summary and 2025 targets
Last year, in the first year of our 5-year initiative, Phase VI of the Excellent Global Corporation Plan, we were affected by product supply shortages, but our profits exceeded those of 2019 before the pandemic hit, and we are off to a good start in achieving our targets for 2025. We will continue t
Slide 19: Canon
Canon