Canon Inc. · TSE:7751
Canon — Investor Day (March 2018)
18 slides from Canon's investor day presentation, Mar 6, 2018
Slide 1: Corporate Strategy Conference 2018
Canon Canon Inc. Corporate Strategy Conference 2018 March 6, 2018 Fujio Mitarai, Chairman & CEO
Slide 2: Phase V of the Excellent Global Corporation Plan
In 2016, Canon launched Phase V of the Excellent Global Corporation Plan, a five-year initiative that follows a fundamental policy of “Embracing the challenge of new growth through a grand strategic transformation.” Today, I will review the progress we made last year and then discuss our initiatives
Slide 3: 2017 performance review
In 2017, we significantly raised our performance, comprehensively strengthening existing businesses and promoting the expansion of new ones. We posted strong sales and profit growth in all existing businesses thanks to such factors as recoveries in our laser printer and camera businesses as well as
Slide 4: 2018: half way point of five-year plan
This year – the half way point of our five-year plan – we will strive for new growth, continuing efforts to complete the grand strategic transformation that we have promoted in order to sustain growth. In the coming IoT era, we will see significant changes in our everyday life and society as a whole
Slide 5: Strengthening existing businesses: manufacturing automation
First, measures we have for existing businesses. Existing businesses form the basis of Canon’s business foundation. They are a core source of profit and in order to generate stable cash and to support growth of the entire company, we will comprehensively strengthen the profitably of these businesses
Slide 6: In-house production and software development
Along with automation, another key initiative is to reduce cost through in-house production. Here, we are taking active steps to also internally-produce manufacturing equipment in addition to key components, which we already promote. Instead of purchasing general-purpose equipment which currently ne
Slide 7: Improving development efficiency
Next, from a development perspective, we will work to improve efficiency through such measures as identifying product development themes with the best future prospects and then allocating resources to them in a more focused manner. Due to technological innovation and increasingly severe competition,
Slide 8: Sales and marketing: growing market share
From a sales and marketing perspective, we will work to grow sales through improvements in market share. We already maintain high market share in each of our businesses, however, we are confident that further market share gain is possible. To realize this, we will continue to launch competitive new
Slide 9: Four new businesses enter second stage
Last year, we finally lined up our four new businesses, namely healthcare, network cameras, commercial printing, and industrial equipment. This year, in addition to expanding sales of these new businesses, we will enter a second stage, which focuses on improving their profitability.
Slide 10: Healthcare: diagnostic imaging systems
First, healthcare. In 2050, the world’s population is expected to exceed 10 billion people. Against this backdrop, we expect the healthcare-related market to continue to expand as well. Within our healthcare related business, we will work to expand sales of our core diagnostic imaging systems. Our s
Slide 11: Medical IT solutions
We will also put more energy into medical IT solutions in order to realize an efficient medical system, leveraging the enormous amount of imaging information obtained from these kinds of hardware. In order for physicians to offer patients the most appropriate diagnostic evaluation, we will work to i
Slide 12: Network cameras
Next, network cameras. The market continued to grow at a double-digit rate fueled by a shift from analog to digital technology and growing concerns surrounding global crime and disaster prevention. Against this backdrop, in addition to our high-performance cameras and software, we are expanding sale
Slide 13: Video analytics software and cloud services
Additionally, by promoting the development of video analytic software that make use of AI, we will continue to expand the potential application of network cameras beyond security, to a variety of other industries, such as marketing and entertainment. We will work to improve profitability, not only t
Slide 14: Commercial printing
Next, commercial printing. In the digital commercial printing market, which is our primary target market, we continue to see a shift from analog to digital printing, reflecting increasing demand for a wide variety of short run printing jobs. We have particularly high expectation for growth in the gr
Slide 15: Sales engineering for commercial printing
Additionally, from a sales and marketing perspective, we need a highly skilled sales engineering force. Commercial printing is a B2B business. Our customers are not end-users, but companies that provide printed material to consumers as a service. Due to this, the level of demand for performance and
Slide 16: Industrial equipment: OLED deposition
Next, industrial equipment. Amid continued strong demand from OLED panel manufacturers, we enhanced our production capacity of OLED vacuum deposition equipment, leading to a doubling of sales. As for vacuum deposition equipment that addresses demand for high resolution panels, our equipment has earn
Slide 17: 2020 target of 5 trillion yen in net sales
Through these measures, in existing and new business areas, we will work to achieve our 2020 target of 5 trillion yen in net sales, realizing growth of around 7% on average for the entire company. We expect the driver of this growth to be new businesses, which is projected to grow at an average rate
Slide 18: Canon
Canon