Canon Middle East Reaffirms Positive Outlook in 2011 during the Regional Partner Communication Meeting


Canon Middle East, a leader in imaging solutions, has announced that partners in the region recently attended a Partner Communications Meeting held in the UAE, where the company announced a positive growth outlook for the remainder of 2011.

Building on Canon's "closer to customers" strategy, Regional Partner Communications Meetings were also held in Jordan for partners in the Levant and Egypt, and in Morocco for partners in Maghreb countries. The meetings examined the impact of Canon's regional strategy to enhance closer and stronger relations with partners, while discussing the company's solid performance in the key growth areas of office and consumer products.

"In line with our 'closer to customers' strategy we continue to strengthen our relations and communication channels with our partner network by regularly organising such strategic meetings. The underlining aim of these meetings is to identify the challenges faced by our partners in their respective markets and to assure them that informed decisions and the right measures will be taken to ensure the growth and progress of our mutual business operations," said Anurag Agrawal, Managing Director, Canon Middle East.

Canon organised the Partner Communications Meetings as part of its efforts to sustain the momentum of a highly successful year in 2010, wherein Canon Group grew its global sales by 15.5 per cent and achieved a net income of ¥247 billion (USD 3.044 billion). Canon further revealed that it was awarded the number one position in Japan's Nikkei NICES ranking based on five management indices (investors, customers, employees, CSR and growth potential).

The robust growth performance in the Middle East is crucial as the company enters Phase IV of the Canon Excellent Global Corporation Plan, which ultimately aims to establish Canon as a top 100 global company. To achieve its ambitious growth objectives, Canon further revealed that it will focus on six strategic pillars: number one products; three regional headquarter management system; world-leading production; global sales capability; environmentally advanced; and excellent global company culture.

About Canon Middle East:

Canon Middle East FZ LLC (CME), a subsidiary of Canon Europe, is the Regional headquarters for Canon in the Middle East and North Africa and is based in Dubai, UAE. Canon has been represented in the Middle East for more than 40 years through distributors and partners which has successfully built a solid customer base and significant market share in the region.

In 1998, Canon set up a representative office in Dubai to help partners deliver even more with additional on-the-ground support. By 2001, Canon had transformed into a full subsidiary with extensive logistics facilities, and in 2002 moved into its spacious new head office at Dubai Internet City, with a rapidly growing staff. As of January 1st, 2005, Canon North Africa S.A.S. (CNA) based in Paris became a 100 per cent owned subsidiary of Canon Middle East and oversees French speaking African countries.

CME today manages sales, marketing and technical support activities across 36 countries; in the Middle East including Saudi Arabia, Egypt and the UAE as well as French speaking African countries.

For more information please contact:

DNA Communications

P.O. Box: 191117, Dubai

T. 00971 4 3988490

F. 00971 4 3988491

E. info@dnacomm.com

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