Diversification and globalization are the keys to the future.
From Fujio Mitarai
The world is facing a new networked, digital lifestyle, and we will ensure that Canon remains ahead of the game.
Japanese tend to put sales and market share first. They make many products with the aim of raising sales. But then profits decline, and companies find themselves falling into debt... I changed the mindset at Canon by getting people to realize that profits come first.
Whatever the trend in exchange rates or whatever the external factors, a manufacturing company is always faced with the mission of transforming itself into a company that can produce higher value-added to absorb the increase in the cost of living in the country it's operating in.
Canon is basically a very aggressive company. Our company works on competitive principles. It does not treat people equally, but it does treat them fairly.
In the 1970s, Japan moved into the U.S. turf with its televisions, cars, chips, and steel. But if you think about it, the only business Japan destroyed was the U.S. television industry.
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