CANON FACT BOOK 2017 / 2018 CANON GROUP 10-YEAR SUMMARY (As of June 30, 2017)
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CANON FACT BOOK 2017 / 2018 CANON GROUP 10-YEAR SUMMARY (As of June 30, 2017) NET SALES, GROSS PROFIT, OPERATING PROFIT, INCOME BEFORE INCOME TAXES, NET INCOME (Millions of (Thousands of (Millions of CASH FLOW (Millions of (Thousands of (Millions of yen) U.S. dollars) yen) yen) U.S. dollars) yen) 2017 2017 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 1st quarter 2nd quarter 1st half 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 1st quarter 2nd quarter 1st half Net cash provided by Net sales ¥ 4,481,346 4,094,161 3,209,201 3,706,901 3,557,433 3,479,788 3,731,380 3,727,252 3,800,271 3,401,487 $ 29,323,164 ¥ 972,761 992,473 1,965,234 operating activities ¥ 839,269 616,684 611,235 744,413 469,562 384,077 507,642 583,927 474,724 500,283 $ 4,312,784 ¥ 167,421 141,685 309,106 Net cash used in investing Gross profit 2,246,981 1,938,008 1,427,393 1,783,088 1,736,763 1,649,966 1,798,421 1,861,472 1,934,384 1,673,833 14,429,595 468,344 495,552 963,896 activities -432,485 -472,480 -370,244 -342,133 -256,543 -212,740 -250,212 -269,298 -453,619 -837,125 -7,216,595 -50,096 -57,742 -107,838 Operating profit 756,673 496,074 217,055 387,552 378,071 323,856 337,277 363,489 355,210 228,866 1,972,983 75,665 96,319 171,984 Free cash flow 406,784 144,204 240,991 402,280 213,019 171,337 257,430 314,629 21,105 -336,842 -2,903,810 117,325 83,943 201,268 Income before income taxes 768,388 481,147 219,355 392,863 374,524 342,557 347,604 383,239 347,438 244,651 2,109,060 78,010 99,556 177,566 Net income attributable to R&D EXPENSES, INCREASE IN PP&E, DEPRECIATION AND AMORTIZATION (Millions of (Thousands of (Millions of Canon Inc. 488,332 309,148 131,647 246,603 248,630 224,564 230,483 254,797 220,209 150,650 1,298,707 55,089 69,180 124,269 yen) U.S. dollars) yen) 2017 Net income attributable to Canon Inc. 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 shareholders per share (Yen) (U.S. dollars) (Yen) 1st quarter 2nd quarter 1st half Basic ¥ 377.59 246.21 106.64 199.71 204.49 191.34 200.78 229.03 201.65 137.95 $ 1.19 ¥ 50.44 63.53 113.98 R&D expenses ¥ 368,261 374,025 304,600 315,817 307,800 296,464 306,324 308,979 328,500 302,376 $ 2,606,690 ¥ 81,261 80,492 161,753 R&D expense to net sales Diluted 377.53 246.20 106.64 199.70 204.48 191.34 200.78 229.03 201.65 137.95 1.19 50.44 63.53 113.98 ratio (%) 8.2 9.1 9.5 8.5 8.7 8.5 8.2 8.3 8.6 8.9 8.4 8.1 8.2 Increase in PP&E* 428,549 361,988 216,128 158,976 226,869 270,457 188,826 182,343 195,120 171,597 1,479,284 31,638 37,191 68,829 PROFITABILITY Depreciation and 341,694 341,337 315,393 276,193 261,343 258,133 275,173 263,480 273,327 250,096 2,156,000 62,139 64,476 126,615 (%) amortization 2017 * Property, plant and equipment 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 1st quarter 2nd quarter 1st half Gross profit to net sales ratio 50.1 47.3 44.5 48.1 48.8 47.4 48.2 49.9 50.9 49.2 48.1 49.9 49.0 NUMBER OF EMPLOYEES Operating profit to net sales ratio 16.9 12.1 6.8 10.5 10.6 9.3 9.0 9.8 9.3 6.7 7.8 9.7 8.8 2017 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Mar. 31 Jun. 30 Income before income taxes 17.1 11.8 6.8 10.6 10.5 9.8 9.3 10.3 9.1 7.2 8.0 10.0 9.0 to net sales ratio Japan 55,227 72,445 73,635 71,954 70,346 70,234 69,825 69,201 68,325 72,913 72,474 74,464 Net income attributable to 10.9 7.6 4.1 6.7 7.0 6.5 6.2 6.8 5.8 4.4 5.7 7.0 6.3 Canon Inc. to net sales ratio Americas 10,738 11,112 11,084 20,182 19,205 19,086 18,744 18,029 17,635 19,160 19,097 18,909 1st quarter 1st half ROA1 10.8 7.3 3.4 6.3 6.3 5.7 5.6 5.9 5.0 3.1 4.3 4.8 Europe 12,285 12,735 12,004 23,434 22,739 23,161 22,577 22,356 24,826 25,511 25,970 25,892 ROE2 16.5 11.1 4.9 9.2 9.6 8.7 8.4 8.7 7.4 5.2 8.0 8.9 Asia and Oceania 53,102 70,688 72,156 81,816 86,017 84,487 83,005 82,303 78,785 80,089 79,933 81,908 1: Return on assets: Based on net income attributable to Canon Inc. 2: Return on equity: Based on net income attributable to Canon Inc. and total Canon Inc. shareholders’ equity. Total employees 131,352 166,980 168,879 197,386 198,307 196,968 194,151 191,889 189,571 197,673 197,474 201,173 SALES BY BUSINESS UNIT* (Millions of (Thousands of (Millions of yen) U.S. dollars) yen) RATINGS 2017 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 1st quarter 2nd quarter 1st half 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Office ¥ 2,477,518 2,246,609 1,645,076 1,987,269 1,917,943 1,757,575 2,000,073 2,078,732 2,110,816 1,807,819 $ 15,584,647 ¥ 457,745 470,657 928,402 Standard & Poor’s AA AA AA AA AA AA AA AA AA AA Imaging System 1,587,952 1,456,075 1,301,160 1,391,327 1,312,044 1,405,971 1,448,938 1,343,194 1,263,835 1,095,289 9,442,147 242,059 282,688 524,747 Moody’s Aa2 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa3 Medical System — — — — — — — — — — — 131,755 88,617 220,372 R & I AA+ AA+ AA+ AA+ AA+ AA+ AA+ AA+ AA+ AA+ Industry and Others 549,983 522,405 357,998 432,958 420,863 407,840 374,870 398,765 524,651 584,660 5,040,172 162,460 172,483 334,943 * Because the consolidated sales of each business unit include the sales relating to intersegment transactions, the totals do not correspond to net sales figures for the Canon Group. * Canon newly established the “Medical System” Business Unit effective at the beginning of the second quarter of 2017, and certain businesses included in the Industry and Others Business Unit have been reclassified. The 2017 first quarter results shown here have been recalculated to reflect this change. * 2012-15 rankings are from U.S. Department of Commerce figures; 2016 rankings are based on preliminary TOP TEN U.S. PATENT HOLDERS BY COMPANY 2012-2016* data released by IFI CLAIMS Patent Services, a U.S. research company specialized in patent information. (Millions of (Thousands of (Millions of 2012 2013 2014 2015 2016 SALES BY REGION Rank yen) U.S. dollars) yen) Company No. Company No. Company No. Company No. Company No. 2017 1 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 1st quarter 2nd quarter 1st half 1 IBM 6,457 IBM 6,788 IBM 7,481 IBM 7,309 IBM 8,088 Japan ¥ 947,587 868,280 702,344 695,749 694,450 720,286 715,863 724,317 714,280 706,979 $ 6,094,647 ¥ 230,567 210,897 441,464 2 Samsung Electronics 5,043 Samsung Electronics 4,652 Samsung Electronics 4,936 Samsung Electronics 5,059 Samsung Electronics 5,518 Americas 1,336,168 1,154,571 894,154 1,023,299 961,955 939,873 1,059,501 1,036,500 1,144,422 963,544 8,306,414 255,873 274,273 530,146 3 Canon 3,173 Canon 3,820 Canon 4,048 Canon 4,127 Canon 3,665 Europe 1,499,286 1,341,400 995,150 1,172,474 1,113,065 1,014,038 1,124,929 1,090,484 1,074,366 913,523 7,875,198 241,572 253,983 495,555 4 Sony 3,017 Sony 3,073 Sony 3,214 Qualcomm 2,900 Qualcomm 2,897 Asia and Oceania 698,305 729,910 617,553 815,379 787,963 805,591 831,087 875,951 867,203 817,441 7,046,905 244,749 253,320 498,069 5 Panasonic 2,748 Microsoft 2,659 Microsoft 2,829 Google 2,835 Google 2,835 6 Microsoft 2,610 Panasonic 2,582 Qualcomm 2,586 Toshiba 2,582 Intel 2,784 TOTAL ASSETS, SHAREHOLDERS’ EQUITY, TOTAL DEBT, CASH-ON-HAND, INVENTORIES (Millions of (Thousands of (Millions of yen) U.S.