What are Mission Vision & Core Values of Canon Company?

The Canon mission is built upon 'kyosei,' a Japanese word that encapsulates the spirit of living and working together for the common good. This core principle guides Canon's actions and decisions across all facets of its business.

Canon's mission extends beyond mere profit-making. It encompasses a strong commitment to social and environmental responsibility. This includes building positive relationships with customers, communities, governments, and the environment.

Canon actively supports causes related to the Environment, Eye Care, Education, and Empowerment. These commitments are integral to the Canon company's mission and reflect its broader societal goals.

Sustainability is a crucial element of the Canon mission. The company is actively working to reduce greenhouse gas emissions and increase product recyclability. For instance, Canon aims for 100% product recyclability by 2025.

Technological innovation is a cornerstone of Canon's mission and vision. Canon invests heavily in research and development, with expenditures reaching ¥337.3 billion (7.5% of net sales) in 2024. This fuels advancements in areas like imaging technology, such as the EOS R3 camera.

The Canon's mission statement explained is a blend of social responsibility, environmental stewardship, and a relentless pursuit of technological advancement. This approach aims to benefit society as a whole. Understanding the Canon core values examples is essential to grasp the company's ethos.

Canon's vision statement reflects a commitment to continuous evolution. They are focused on adapting to the ever-changing technological landscape. This adaptability is key to their long-term success and achieving their Canon goals.

A key element of Canon's vision is to lead the imaging industry. This ambition is evident in their strategic investments and product development. Their goal is to be at the forefront of technological advancements.

Canon's vision includes a commitment to innovation and market disruption. This is evident in their research and development efforts. They are constantly seeking new ways to improve their products and services.

The Canon vision extends beyond market share; it includes a desire to make a global impact. They aim to enhance lives and businesses worldwide. This global perspective drives their strategic decisions.

A specific, measurable goal within Canon's vision is to achieve the number one global market share in mirrorless cameras. This focus demonstrates their commitment to specific product categories. This is a key indicator of their Canon goals.

Canon's restructuring into four industry-oriented business groups aligns with its vision. This strategic move supports their goal of accelerating transformation and driving new growth. This is a key component of their Canon's approach to its mission.

Canon's Canon vision of accelerating strategic transformation for new growth is driving significant restructuring within the company. This involves organizing into four key business groups: Printing, Medical, Imaging, and Industrial, to foster focused development and expansion.

In the Imaging Group, Canon's strategy is focused on establishing the number one global market share in mirrorless cameras. They are also developing new businesses like XR systems and volumetric video, showcasing a commitment to innovation.

Canon's dedication to technological advancement is evident in its substantial investments in Research and Development (R&D). In 2024, Canon allocated ¥337.3 billion to R&D, supporting the development of new products and technologies across all business segments.

Canon's financial strategy prioritizes growth investments, including R&D, capital expenditures, and mergers and acquisitions (M&A). This approach supports the portfolio transformation outlined in its current five-year plan (Phase VI of the Excellent Global Corporation Plan, 2021-2025).

The Canon goals are directly linked to its strategic vision, with financial decisions and resource allocation carefully aligned to support long-term objectives. This ensures that the company's actions are consistently guided by its core principles and aspirations.

Understanding Canon's mission, vision, and values provides crucial insights into its competitive positioning. For a deeper understanding of Canon's competitive landscape, consider exploring the Competitors Landscape of Canon.

Leadership plays a critical role in embedding Canon's core values and vision throughout the organization. The CEO's messages in integrated reports consistently reinforce the management philosophy and future aspirations, fostering a shared understanding among employees and stakeholders.

Canon actively communicates its mission and vision through various channels, including its corporate website, annual reports, and internal communications. These channels ensure that employees, investors, and the public are well-informed about the company's direction and values.

Canon's sustainability reports provide detailed information on environmental initiatives, directly linking back to the Kyosei philosophy of contributing to the well-being of humankind and the environment. This commitment is reflected in their actions, such as the long-standing commitment to recycling and remanufacturing products.

Canon has established formal programs and systems to ensure alignment between its stated values and business practices. The Sustainability Committee, established in 2024, oversees initiatives related to environmental and social issues, demonstrating a structured approach to upholding its core values.