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Economy
Management Approach

Important Issues from an Economic Perspective

Canon supplies a wide variety of products and services that provide consumers with new affluence and enable business customers to create new value and improve productivity.

At Canon, we believe that returning profits obtained through these economic activities to our diverse stakeholders will positively impact the development of each country and region where we operate.

Based on this, Canon considers the payment of taxes in accordance with the laws of the countries and regions where it operates as its most fundamental and important social responsibility. We contribute to the development of local economies in a variety of ways. Canon works to build ongoing relationships with business partners in the supply chain and pay them on time; provide employment opportunities with good wages and benefits; offer a stable dividend to shareholders; contribute to the development of local communities through ongoing donations and support activities; and participate in citizenship activities.

Job Creation

Canon employs close to 200,000 people worldwide, and understands that the economic impacts of this on local communities are wide reaching.

Canon hires local people who understand the culture, lifestyle, and business practices of the countries and regions where it operates. In turn, we are proactive in cultivating these human resources and appointing them to executive management positions. This ensures that our business operations are closely rooted in the local society, and that we create stable employment opportunities for local people.

In addition, Canon supports people with disabilities to participate more fully in society, following the principle of normalization.

Economic Contributions to Local Communities

In some areas of the countries and regions where Canon operates, social infrastructure such as schools and hospitals is underdeveloped. Canon thus works to provide assistance to needy areas that goes beyond its basic obligation of paying taxes, believing that its business activities will further help local communities achieve sound and sustainable development. Utilizing the Group’s monetary, human, technological and product resources, Canon supports the provision of facilities and infrastructure in such fields as education and healthcare in order to improve local living standards.

Related SDGs

End poverty in all its forms everywhere

Ensure healthy lives and promote well-being for all at all ages

Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all

Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation

Strengthen the means of implementation and revitalize the global partnership for sustainable development