The COVID-19 pandemic has shaken the world and greatly altered people's values and lifestyles. Meanwhile, technology is progressing ever more rapidly. With AI, IoT, the Cloud and 5G at the forefront, innovations produced from the merging of wisdom and technology stir the changes society experiences and continue to move the world.
In 2021, Canon launched Phase VI, the latest five-year medium- to long-term management program that comprises the Excellent Global Corporation Plan. We have realigned our organization, including Group companies, into four industry-oriented business groups—printing, imaging, medical and industrial—with the goal of expanding our business. Amid the need to solve increasingly complex and diverse social issues, each group, through activities such as M&A, is striving to produce innovations that will support richer, more comfortable lives, thriving business environments, and a more secure society. Furthermore, we are striving to improve group-wide productivity by optimizing Canon's global headquarters functions. Meanwhile, we will secure our future by accelerating the commercialization of solutions that utilize the technologies and know-how we have cultivated in a wide range of fields.
Change is progress. Transformation is advancement. With Canon's corporate DNA of enterprising spirit and the San-ji (Three Selfs) Spirit, which has been passed down since our foundation, and under our corporate philosophy of kyosei, Canon will always contribute to society with our technologies, continually work to transform our business and take on new challenges while seeking to become a truly excellent global corporation that is admired and respected around the world.
We look forward to your continued support and cooperation.
Chairman & CEO