FastSaying

Whatever the trend in exchange rates or whatever the external factors, a manufacturing company is always faced with the mission of transforming itself into a company that can produce higher value-added to absorb the increase in the cost of living in the country it's operating in.

Fujio Mitarai

AbsorbAlwaysCompanyCostCountryExchangeExternalFacedFactorsHigherIncreaseItselfLivingManufacturingMissionOperatingProduceRatesTransformingTrendValue-AddedWhatever

Related Quotes

Canon is basically a very aggressive company. Our company works on competitive principles. It does not treat people equally, but it does treat them fairly.
— Fujio Mitarai
AggressiveBasicallyCanon
Thanks to the cost reductions we have achieved and the competitiveness of our products, we're making steady progress.
— CEO Fujio Mitarai
AchievedCompetitivenessCost
We can't absorb the whole cost of an engine. But we did offer to reduce what our rates would be but he (Mr. Smalls) would have to pay the rest of it and he hasn't agreed to do that.
— Mark Medinger
AbsorbCostEngine
The world is facing a new networked, digital lifestyle, and we will ensure that Canon remains ahead of the game.
— Fujio Mitarai
AheadCanonDigital
Diversification and globalization are the keys to the future.
— Fujio Mitarai
DiversificationFutureGlobalization