Canon Is Treading New Ground with Consulting Services

At the Expo 2010, the Japanese manufacturer Canon all current products and solutions, strategic direction and new business areas has presented. Some 13,000 European trade partners were invited to this mega event in Paris. The global economic crisis has also left its mark on Canon. In his opening speech at the Canon Expo 2010 in Paris, Fujio Mitarai, who as Chair man and CEO since 1995 in the management team, even this fact was not mentioned. At the last station of the fair, which has previously been in the cities of Tokyo and New York made a halt, he elaborated on the economic situation and plans of the company.

After consistently rising profits, according to him, had to be accepted during the third phase of “Excellent Global Corporation Plan” worldwide sales and profits. Thus, of the approximately 12,000 employees in Europe generates about seven billion euros in 2009 20 percent less than in 2008. At the moment it was known, as is not the situation is developing economically, since some countries such as Greece last could prove a risk factor. Nevertheless, if it were, with almost a quarter of global gross domestic product of one of the largest and most important markets.

No future fears

In 2011, phase starts four of Canon’s “Excellent Global Corporation Plan, which aims to contribute to the stabilization and diversification again to improve the business transaction. No later than 2012, therefore, again, the net sales achieved in 2007. At the end of the fourth phase in 2015, with five trillion yen in net sales (4.1 trillion yen in 2008), which corresponds to the current exchange rate about 43.8 billion euros, a record result achieved in the company’s history.