CASIO2016 ALL en
CASIO2016 ALL en
CASIO2016 ALL en
Envisioning a world
no one has ever seen
C O R P O R AT E R E P O R T
2016
http://world.casio.com/
CASIO
V A LU E
Envisioning a world
no one has ever seen
The people who created Casio were determined to “invent necessity”—to create
products that met latent needs with groundbreaking capabilities no one had ever
seen before.
Ever since, Casio has been doing just that, bringing new discovery and delight to
people around the world. This is Casio’s way of building an even more
01 02
Message from the management
Corporate Creed
Creativit y and
Contribution Continuing to deliver new possibilities with
products that surpass expectations
We believe that people have limitless potential, thinking and engaging in highly intellectual and creative
activities based on knowledge gained by observing, sensing, and learning. Through this process, humanity
has kept exploring new fields and areas of science and culture, making progress in leaps and bounds.
Inventions such as calculators, watches, electronic musical instruments, electronic dictionaries, and
digital cameras have made it easy for anyone to use information such as numbers, time, music, and
C O NTE N T S Policy
language in everyday life. At Casio, we see it as our mission to invent new products that support
CA SIO human intellectual and creative activities, which will, in turn, drive social progress around the world.
01
VA LUE
0 4 Message from the management In our view, there are countless products in our world just waiting to be invented, each of which
0 5 Why Casio matters would fill a real need. Casio’s job is to create the products of tomorrow that will one day be
0 6 Fields where Casio provides value everywhere, that will make everyone wonder, “How did we ever do without that before?” That is why
we value out-of-the-box creativity above all in our product development, or what we call “creating
CA SIO something from nothing.” At Casio, we aim to provide the world with completely new value.
07
PRODUCTS How Casio creates value
Products and services only have inherent value when there are people to use them, thus we must
09 EDUCATION
10 LIFE
never forget to ask in what ways they can benefit users. The people who use and enjoy our products
11 CULTURE support Casio not simply because the products deliver essential features, but because they are easy to
12 BUSINESS use, reliable, well-designed, and reflect a world view. We will continue to deliver products that stand
13 Main products and core technologies behind these treasured values that we share with users—products that offer fresh ideas to fit a
changing world and can make our lives better.
CA SIO
15
ST Y LE Where value comes from The greatest contribution we can make as a manufacturer is to deliver new possibilities to users, so
that they can experience something completely new. At Casio, we will continue to create culture
Consistently Creating Unprecedented,
17 together with users, aiming to grow and develop together.
Truly Needed Products
03 04
Why Casio matters Fields where Casio provides value
E DUCATION
B U S I N E S S
Supporting business
L I F E
Supporting basic
management and
human activities
efficiency
Humans have unlimited potential. By applying the abilities of
the human mind, anyone can create new value and contribute to
social progress.
The value that Casio provides lies in creating new possibilities for
Empowering people to
people, not only in their personal lives, but also on the frontlines of express their thoughts
business. Casio accomplishes this by providing original products
and services that support intellectual creativity in diverse fields.
C U LTUR E
05 06
CASIO
PRODUCTS
How Casio creates value
Perhaps the time people shine the most is
07 08
Supporting basic human
LIFE
activities
09 10
Supporting business manage-
BUSIN ESS
ment and efficiency
11 12
Empowering people to express their thoughts
Promoting personal growth through learning
E D UC ATION
C U L T U R E
Electronic dictionary English conversation learning tool English conversation learning tool Digital intellectual training tool Electronic piano Electronic piano Electronic keyboard DJ product
EX-word EX-word RISE joy study kids-word CELVIANO Grand Hybrid Privia TRACKFORMER
Smartphone app Digital camera Self-portrait camera Outdoor recorder Label printer
Scientific calculator Graphing scientific calculator Calculator Chordana Composer HIGH SPEED EXILIM EXILIM TR EXILIM FR NAME LAND
CLASSWIZ
core technologies
Making the little power user confidence lightweight anyone to use generate new value for the world. Casio is
impossible possible
making the most of its five core technologies
to create products that meet the latent
needs of customers.
B U S I N E S S
Lamp-free projector Handheld terminal Business support terminal Electronic register
Shock-resistant watch Tough watch for women Outdoor watch Intelligent analog watch with a cash register app
G-SHOCK BABY-G PRO TREK OCEANUS
L I F E
Page printer Integrated personnel system Management support system Shopfront promotion tool
Intelligent analog watch Metal watch for women Wrist device Underwater two-way radio SPEEDIA ADPS Rakuichi CASIO Signage
EDIFICE SHEEN Smart Outdoor Watch Logosease
13 14
CASIO
ST YLE
Where value comes from
Employing intellectual curiosity to create
15 16
Consistently Creating Unprecedented,
Takeshi Okada Hiroshi Katsuda Itsuki Yamashita
Emerging Business Department, Emerging Business Department, Emerging Business Department,
Hamura R&D Center Hamura R&D Center Hamura R&D Center
Since joining Casio in 2000, Okada has worked Katsuta joined Casio in 2010. After After joining Casio in 2013, Yamashita
02
By linking with a smartphone, it can provide timely information that will Conveying the Ineffable refined the software for full practical use, and entered final-stage
consultations with the Google team. Yamashita remembers, “They
enhance enjoyment of the outdoors. The road that led to its creation reveals Concept with a Prototype agreed to test our dual-layer LCD that could be conveniently used with
Android Wear™, and finally we obtained the consent of the decision
Casio’s unique product development approach. The team began full-scale development. They made it a goal to ensure maker at Google. If we had not been able to do so, we would have lost
toughness, and they wanted the product to meet US MIL standards by some of the best functionality of the display.”
passing the necessary drop and vibration, and other testing.
01
One of the team’s absolute requirements was the development of a
Generating Breakthroughs by Developing an Original App
waterproof mic. Understanding that users engaged in outdoor activities
Going Back to Square One
Around the end of 2011, a new concept began to emerge among Casio
would often not have their hands free, a mic would be essential for voice
operation of the device. They also realized that outdoor activities—fishing
and many others—often involve water and the possibility of bad weather.
03 That People Will Use
Again and Again
developers. They started considering how to create a new Rather than just creating a device that would be resistant to water spray,
Internet-connected product worn on the wrist, a prime location for an the team was determined to build the world’s first smart watch that is What kind of functionality does an outdoor enthusiast really need? How
information device. The following spring, Casio launched a project to water resistant to 50 meters. Team member Katsuda explains the do we create value that people will continue to use over the years? In
develop a wrist device. challenge: “We thoroughly examined potential materials for a vibrating order to find the answers to these questions, team member Okada
By the end of 2012, the first prototype was ready. With an emphasis on membrane that would be both highly water resistant and could interviewed mountain climbers and actually went fishing with
versatility, it resembled a smaller version of a smartphone, both in effectively transmit sound. Through a process of trial and error, we also professional bass anglers. The knowledge he gained was used to create
function and shape. Then the project members realized that, while it was came up with a construction that worked acoustically while still being functions in the product’s original app and to provide information
great to have a device that could do anything, smartphones were already able to resist deformation under strong physical pressure. With the tailored to each type of user’s activities. These helpful functions perform
more or less serving that purpose. What would be the advantage of using unique product value delivered by 50-meter waterproof performance tasks such as informing a climber that it is 30 minutes to sunrise, or
the device on the wrist? Facing these challenges, the project was and resilience in difficult outdoor environments, we knew that we would providing advice to a cyclist on the timing of calorie intake, or notifying an
postponed. be able to ensure very clear differentiation from competing products.” angler of suitable time periods for fishing, based on the moon phase and
Next, the team worked on a wrist device for use by runners. Although Around the time product development began, Google announced the hour angle. Okada describes the direction of future development,
it had lots of features such as GPS, it also showed drawbacks—it was Android Wear™ operating system for wearable devices. The team talked “Originally, when pursuing the special value that a wrist device could
heavier and had a shorter battery life than electronic runner’s watches with Google about permission to use the OS. They described the product, provide, we came up with the concept of ‘momentary value.’ This is the
on the market. Smartphone apps that could compete with the new wrist including the highly original Casio display with monochrome and color kind of value that provides helpful information the user may not know is
device were also already available. Senior management decided that the LCDs layered one on top of the other. However, Google did not think its available, the moment the user needs it. We want to continue expanding
proposed product would not be a market winner. OS was right for such specifications, and the discussions faltered. on this concept for people who enjoy the outdoors.”
Development team member Okada recalls that they were still This, however, was no excuse to drop the project. With the dual-layer
struggling to make a breakthrough at that point. Their goal was to create liquid crystal display, easy to view even in bright sunlight, and time In March 2016, Casio released the wrist device developed by this team:
entirely new value that no one had seen before, something that shown using only the monochrome LCD to greatly extend battery life, the the Smart Outdoor Watch WSD-F10. The development team had
consumers would find truly necessary. But it just hadn’t materialized. team members were confident that consumers would love the product. realized their quest to find new value that people would continue to use.
That was when Yamashita joined the project. He remembers opening the So they set about making a prototype that would demonstrate the appeal By refusing to give up whenever they hit a wall, and by continuing to
door to the team’s workspace for the first time. Instead of a gloomy mood, of their concept in a way that words could not match. generate breakthroughs based on novel ideas, they rose to the
he found the team full of optimism, ready to make a brand new product. At the next consultation with Google, they showed a prototype with a challenge time and again. Leveraging this spirit of development as a
Smar t Outdoor Watch The development team members decided to go back to square one. dual-layer LCD. The Google team described the dual-layer design as driving force, Casio will continue to create unprecedented products
WSD- F10
They started to re-identify the advantages of putting a smart device on astounding and was very impressed. Next, Yamashita and his team that people truly need.
the wrist. As their thinking became more and more focused, a tighter
Packed with functions for concept emerged: a product that could provide handy information, in
trekking, cycling, and fishing,
situations where using a smartphone would be too troublesome.
this wrist device is designed
for outdoor use. It boasts a Finally, they hit upon the precise idea of a “smart outdoor watch” that
high level of water resistance,
could demonstrate truly unique value in outdoor leisure activities. Take
and is tough enough to meet
the US military (MIL) standards mountain trekking, for example. With a smartphone tucked away in a
of Environmental Engineering
backpack, the user could give a verbal command to the smart watch at
Considerations and
Laboratory Tests. The the first sign of dark clouds, and the watch could instantly display the
original Casio app for the
locations where it was raining nearby. Or when cycling, a user could
watch measures changes in
the natural environment and easily check the smart watch to see the remaining distance to the
the wearer’s exertion level.
destination. The watch could even advise the wearer when to take a rest.
Other apps can also be added
to further enhance the A complete vision for the new product had crystallized in the minds of the
capabilities of the device,
development team members. They formalized the concept, and finally
which runs on the Android
Wear™ platform. got the go-ahead to create the product. Water-resistant to 50 meters Compliant with US MIL standards Dual-layer display
17 * Android Wear, Google, and other names are trademarks of Google Inc. 18
GLOB A L Casio, growing worldwide
Casio products are familiar to many people, and the brand is delivered worldwide through global production
systems and sales networks. Casio products are useful in people’s lives, and we will continue to provide
products and services that offer new value around the world.
EUROPE
Sales companies: 8
Casio Scandinavia AS
MIDDLE
Casio Taiwan Co., Ltd. CXD Next Co., Ltd. Sales companies and other: 6
Casio Middle East, FZE Casio India Co., Pvt. Ltd.
Casio Electronics(Shenzhen)
Co., Ltd. Casio Marketing Advance Co., Ltd.
Casio Business Service Co., Ltd.
Casio Computer(Hong Kong)
Ltd. Casio Mexico Marketing, S. de R. L. de C.V.
EAST
Casio Communication Brains Inc.
Casio Electronic Technology Ripplex Inc.
Casio(Thailand)Co., Ltd. (Zhongshan) Co., Ltd.
Casio Marketing
(Thailand)Co., Ltd.
Casio
(Guangzhou)Co., Ltd.
Sales company: 1
68.6 45
Casio Latin America S.A.
%
SHOCK THE WORLD is a global promotional campaign that conveys
the G-SHOCK brand worldview, along with its essential feature of
toughness. Since the first event in New York in 2008, events have
been held in a total of 73 cities around the world (as of July 2016).
BRAND PRODUCTS
The initiative is designed to allow G-SHOCK fans to enjoy the
Casio brand trademark registrations Total calculator shipments worldwide product’s appeal through a full sensory experience.
SHOCK THE WORLD 2016 SHANGHAI
Territories that are part of one regional trademark system are counted as one region Total shipments from September 1965 to March 2016
187 1.4
Raising the profile of the Casio brand at
international trade shows
countries and regions billion units or more
Every year, Casio participates in exhibitions attended by the world’s
Global sales areas Total G-SHOCK shipments worldwide leading companies. Held annually in Las Vegas, the International
Regular sales areas for April 2015 to March 2016 Total shipments from April 1983 to March 2016 Consumer Electronics Show (CES) is one of the largest events of its
167 87
kind anywhere. Baselworld is a watch and jewelry fair held in
Switzerland that attracts media and buyers from all over the world.
By participating in these and other events, Casio is distributing its
countries and regions million units or more latest information globally.
CES2 016 Baselworld 2016
19 20
Casio, a globally trusted brand
Seeking to ensure that customers can use Casio products with confidence over many years, the company
maintains uncompromising manufacturing practices and strict quality control from the design stage to the
completion of the finished product. In addition, Casio is also working worldwide to help people lead more
enjoyable, safer lives.
Product design concept for durability and peace of mind Environmentally friendly products free from harmful mercury
Casio design concepts ensure that customers will be able Casio has been working hard to create products with a low impact on the environment.
to use their Casio products for a long time. Casio developed TAFCOT for tough design It has invented high-brightness projectors using the world’s first light source
TAFCOT technology for product toughness; it enhances technology that replaces high-pressure mercury lamps. As a result, all Casio
body rigidity with side beams made from high-strength Aluminum alloy panel projectors are now mercury-free. Global efforts to eliminate the use of mercury in
Side beam
material and aluminum alloy panels. This design mitigates products include the adoption of the Minamata Convention on Mercury, which aims
any external force applied to the LCD panel thanks to to reduce the risk of hazardous mercury contamination. As part of this effort, Casio
LCD
high-performance cushioning material and the aluminum is striving to reduce its environmental impact as a leading company that provides
alloy panels, providing a protective interior space. Casio Aluminum alloy panel mercury-free projectors.
has adopted this technology for its electronic dictionaries High-performance LCD Main panel
to protect them from damage if dropped during use or if cushioning material Regional initiatives to address climate change
pressure is placed on them inside a bag.
At Casio Electronics (Shenzhen), a production site in China, employee
volunteers participate in an annual tree planting activity organized by
the local government. With 2016 marking the ninth year of its involvement,
the company is helping to promote regional reforestation.
Thorough quality testing in the design stage The Casio World Open, a men’s professional golf tournament in
Japan sponsored by Casio, has been taking steps to offset the CO 2
Casio quality standards are created to ensure that products emitted by its shuttle buses during the tournament since 2010. The
can be used with confidence in diverse situations. Casio tournament does its part by purchasing emissions credits, while also
performs stringent testing by prototyping products from encouraging guests to use the shuttle bus rather than drive their own
the design stage. For example, electronic dictionaries are vehicles in order to help reduce CO 2 emissions. Casio Electronics (Shenzhen) tree planting activity (Left: Tree planting activity in 2015;
Right: Maturing trees that were planted in 2014)
subjected to a pressure test, where a load is placed on the
dictionary unit, verifying top-down robustness. Since Casio
handheld terminals are designed for use in locations high
above the ground, they are tested to ensure they provide
height-specified drop strength. Only those prototypes that
Social contribution activities
meet all the quality criteria for the product concerned,
Electronic dictionary: Pressure test Handy terminal:
such as water and dust resistance, move on to the
Drop test
production process.
21 22
HI STORY
C303CA
2000: A tough cellular phone
featuring shock and water
resistance. This popular cellular
phone could be used almost
anywhere.
Casiotone 201
1980: An electronic musical instrument based EXILIM
on the concept of a keyboard that anyone can
Company Data (As of March 31, 2016) Net Sales and Income (Consolidated, Fiscal Year Ended March 31, 2016)
25 26