In 2015, the final year of Phase IV, Canon is targeting net sales of over 5 trillion yen, an operating profit ratio of over 20%, a net income ratio of over 10%, and a stockholders' equity ratio of over 75%. In order to realize our target of over 5 trillion yen in net sales, we aim to grow at an average rate of approximately 7%-twice the global GDP growth rate-by expanding our existing businesses and areas centered on our camera and printing businesses.
We will not be able to reach our net sales target by only expanding existing businesses. To fill this gap, Canon also plans on expanding through new businesses and M&A.
Therefore, we do not have any plans to change our 2015 net sales target.
