Canon : Corporate Strategy Conference

Canon Inc.

Corporate Strategy Conference 2022

March 7, 2022

Fujio Mitarai, Chairman & CEO

This presentation contains forward-looking statements with respect to future results, performance and achievements that are subject to risk and uncertainties and reflect management's views and assumptions formed by available information. All statements other than statements of historical fact are statements that could be considered forward-looking statements. When used in this document, words such as "anticipate," "believe," "estimate," "expect," "intend," "may," "plan," "project" or "should" and similar expressions, as they relate to Canon, are intended to identify forward-looking statements. Many factors could cause the actual results, performance or achievements of Canon to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including, among others, changes in general economic and business conditions, changes in currency exchange rates and interest rates, introduction of competing products by other companies, lack of acceptance of new products or services by Canon's targeted customers, inability to meet efficiency and cost reduction objectives, changes in business strategy and various other factors, both referenced and not referenced in this presentation. A detailed description of these and other risk factors is included in Canon's annual report on Form 20-F, which is on file with the United States Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described herein. Canon does not intend or assume any obligation to update these forward-looking statements.

Agenda

■ Excellent Global Corporation Plan Phase VI	P 1
Review of 2021
■ 2021 Results and Future Growth Strategy
by Industry Group	P 2-4
・Printing
・Imaging	P 5-7
・Medical	P 8-9
・Industrial	P 10-12
■ Financial Strategy	P 13
■ Actions to Solve Social Issues	P 14
■ Summary	P 15

0

Excellent Global Corporation Plan Phase VI

Review of 2021

Second Stage of Business Portfolio Transformation

Re-spread of COVID-19

Perform

-ance

Shutdown of Targetsproduction

sites

2025

・Net sales : 4.5 tril. yen or more

・Operating profit ratio : 12% or more

・Net income ratio : 8% or more

・Shareholder's equity ratio : 60% or more

Logistical constraints

Parts

shortages

Significantly Exceeded Profit of 2019 in 2021

Business Portfolio	Structural Reforms	Group by Industry
Transformation

1

2021 Results and Future Growth Strategy

（Printing）

	Results	Realization of Integrated Business Operations
	under Printing Group

Growth	・Global No. 1 in Office & Home Printing
Strategy	・Accelerate Growth of Commercial & Industrial Printing

Aiming for Stable Sales Growth of

Around 4 to 5% per Year

2

Growth Strategy（Office & Home Printing）

Global No. 1 in Office & Home Printing

• Strengthen Price Competitiveness

• Consolidation of product platforms
• Production automation &In-house production

• Further cost reduction

Platform

A

Platform	Platform
X
B

Platform

C

• Providing Printing Solutions that Correspond to Digital Transformation

• Centralized management of MIF using Cloud
• Enhance smart services

	Cloud	Failure
Automatic
	Diagnosis &
Replenishment
	Repair
of Consumables
Predictive
	Maintenance

Office	Satellite
Office
Home

3