■ Income before income taxes (right) (Billions of yen) (Billions of yen) Debt Ratio (%) 10 20 30 20001999199819971996 13.8 28.8 (Year) 11 Canon Sustainability Report 2021 Phase V 2016–2020 New growth through a grand strategic transformation Canon reoriented its business portfolio from B-to-C businesses to B-to-B growth businesses, at the same time promoting automation and other initiatives to improve productivity.