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Gender Pay Gap Statement

Canon is a world-leading imaging brand that actively inspires and enables people to achieve more than they ever thought they could through products, services and solutions for business and consumers. At Canon, our global philosophy is KyoseiKyosei envisions the achievement of a sustainable society in which all people regardless of race, religion, gender or culture, live harmoniously and work together into the future. Through our corporate activities based on Kyosei, both globally and locally, Canon strives to resolve imbalances in the world. We believe that each step we take in trying to work for the common good – as individuals and as an organisation – does make a real difference.

Starting in 2024 in Australia, The Workplace Gender Equality Agency (WGEA) publishes the gender pay gap for employers with a workforce of 100 or more employees.  

The material published by WGEA in respect of Canon Australia includes our median (midpoint) pay gaps for base salary and total remuneration as well as gender composition by pay quartiles and associated average total remuneration. Also included in 2025 will be the average (mean) pay gap for total remuneration and average (mean) pay gap for base salary. 



Median pay gap

The median pay gap is the difference between the pay for men and women across a group, expressed as a percentage of men's pay. This is calculated by using the median, which is the midpoint of salaries for men and women. A positive number indicates men earn more than women; a negative number will mean the reverse. The pay gap is reported in respect of both base salary and total remuneration.


Quartiles

We organise four evenly sized groups, called quartiles, based on ranking all included employees from highest to lowest by rate of pay, regardless of gender. We then look to see how many men and women are represented in each group. For example, seeing a higher percentage of men in the highest quartiles and a high number of women in the lower quartiles would indicate that men are paid more highly than women.


Mean
Pay Gap

The mean pay gap is the difference between the pay for men and women across a group, expressed as a percentage of men's pay. This is calculated by using the mean, which is the total amount of all included salaries and then divided by the number of people. 2025 is the first year this metric has been reported.

The gender pay gap is the difference in average earnings between women and men in the workforce. It is not to be confused with women and men being paid the same for the same, or comparable, job. This is equal pay and has been a legal requirement since 1969.

The gender pay gap is a useful proxy for measuring and tracking gender equality across a nation, industry or within an organisation. Closing the gender pay gap is important for Australia’s economic future and reflects our aspiration to be an equal and fair society for all.


Our gender pay gap statistics


 
Gender pay gap - all Employees
2023-2024
Industry Benchmark*
2023-2024
 Average (mean) Total
Remuneration (new)
 15.2%  16.0%
Median Total Remuneration 7.2% 10.6%
 Average (mean) Base Salary
(new)
 8.0%  11.1%
Median Base Salary 5.1% 7.6%

* Wholesale Trade > Other Machinery and Equipment Wholesaling. This industry benchmark data is taken from Canon Australia’s report compiled in November 2024.


Understanding our pay gap

Many roles within our industry have traditionally been male dominated. Across the board, we have a lower proportion of women working for Canon Australia. This means that although we don’t see imbalances across the quartiles, within each quartile, women are consistently employed at a lower rate than men.

We recognise that there is a more significant imbalance of women at the executive level, and we continue to focus on initiatives that can help to close this gap, including the recent introduction of our Women in Leadership program to support our talent pipeline.

The 2023-2024 data-set also includes CEOs, Heads of Business and casual employed managers, who were not included in the previous data set.

Canon is performing better than industry, but we will continue to focus on
closing the gender pay gap.


Reducing the gap

Canon continues to provide programs and information to help create an awareness and promote gender balance in the workplace. We have a range of initiatives aimed at this:

Diversity and inclusion are core components in our leadership programs for employees across our organisation.
Attracting, developing and retaining women is important to us, especially in areas where they are underrepresented. 
Ongoing, we regularly report about our hiring gender split. 
We annually conduct our Women in Leadership program which includes development and networking opportunities for participants.  
Our talent and succession process reviews our workforce planning from a gender perspective. 

Any gender pay gap tells us that there is still work to do, so we will continue to focus our attention on our Diversity and Inclusion initiatives in our commitment to close the gap.

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