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Olympus Corporation- Company Profile

5,492 bytes added, 11:01, 20 September 2011
/* Organisation Structure */
===Key Facts===
{|border="2" cellspacing="0" cellpadding="4" width="54%" align="center"
|bgcolor = "#DBE5F195B3D7"|'''Established'''
|1919
|-
|bgcolor = "#DBE5F195B3D7"|'''Headquarters'''
|Tokyo, Japan
|-
|bgcolor = "#DBE5F195B3D7"|'''Type'''
|Public Company
|-
|bgcolor = "#DBE5F195B3D7"|'''Website'''
|[http://www.olympus-global.com/en/ www.olympus-global.com]
|-
|bgcolor = "#DBE5F195B3D7"|'''Regional involvement'''
|Worldwide
|-
|bgcolor = "#DBE5F195B3D7"|'''Business lines'''
|Manufacture and Sales of precision machinery and instruments
|-
|bgcolor = "#DBE5F195B3D7"|'''Employees'''
|34,391<br> Medical System Business: 15,000 Approx.
|-
|bgcolor = "#DBE5F195B3D7"|'''Group Companies'''
|Approx. 180 Subsidiaries
|-
|bgcolor = "#DBE5F195B3D7"|'''Chairman & CEO'''
|Tsuyoshi Kikukawa
|-
|bgcolor = "#DBE5F195B3D7"|'''President & COO'''
|Michael C. Woodford
|-
|bgcolor = "#DBE5F195B3D7"|'''Consolidated Net Sales (2011)'''
|847.1 Billion YEN
|}
|-
|align = "center" rowspan = "2"|'''Revenue'''
|2011: ¥847¥ 847.10B 10 B / $10.58B58 B
|-
|2010: ¥ 883.08B 08 B / $11.03B03 B
|-
|align = "center" bgcolor = "#DBE5F1"|Revenue Change
|-
|align = "center" rowspan = "2"|'''Operating Income'''
|2011: ¥35¥ 35.4 B / $442M442 M
|-
|2010: ¥60¥ 60.1B 1 B / $751M751 M
|-
|align = "center" bgcolor = "#DBE5F1"|Operating Income Change
|-
|align = "center" rowspan = "2"|'''Net Profit'''
|2011: ¥7¥ 7.38B 38 B / $92.25M25 M
|-
|2010: ¥47¥ 47.76B 76 B / $597M597 M
|-
|align = "center" bgcolor = "#DBE5F1"|Net Profit Change
|-
|align = "center" rowspan = "2"|'''R&D Expenses'''
|2011: ¥67¥ 67.28B 28 B / $841M841 M
|-
|2010: ¥61¥ 61.85B 85 B / $773M773 M
|-
|}
<br>
Source: SEC fillings
 
===Patents Held by Business group===
 
{|border="2" cellspacing="0" cellpadding="4" width="100%"
|bgcolor = "#4F81BD"|<font color="#FFFFFF">'''Business Segment'''</font>
|bgcolor = "#4F81BD"|<font color="#FFFFFF">'''Medical Systems'''</font>
|bgcolor = "#4F81BD"|<font color="#FFFFFF">'''Life science & Industrial Systems'''</font>
|bgcolor = "#4F81BD"|<font color="#FFFFFF">'''Imaging Systems'''</font>
|bgcolor = "#4F81BD"|<font color="#FFFFFF">'''R&D/Innovation'''</font>
|bgcolor = "#4F81BD"|<font color="#FFFFFF">'''Total'''</font>
|-
|bgcolor = "#4F81BD"|<font color="#FFFFFF">'''Japan patents'''</font>
|align = " center" bgcolor = "#DBE5F1"|2941
|align = " center" bgcolor = "#DBE5F1"|1067
|align = " center" bgcolor = "#DBE5F1"|2021
|align = " center" bgcolor = "#DBE5F1"|1131
|align = " center" bgcolor = "#DBE5F1"|'''7160'''
|-
|bgcolor = "#4F81BD"|<font color="#FFFFFF">'''US patents'''</font>
|align = " center" bgcolor = "#DBE5F1"|1059
|align = " center" bgcolor = "#DBE5F1"|680
|align = " center" bgcolor = "#DBE5F1"|1534
|align = " center" bgcolor = "#DBE5F1"|974
|align = " center" bgcolor = "#DBE5F1"|'''4247'''
|-
|bgcolor = "#4F81BD"|<font color="#FFFFFF">'''China patents'''</font>
|align = " center" bgcolor = "#DBE5F1"|405
|align = " center" bgcolor = "#DBE5F1"|86
|align = " center" bgcolor = "#DBE5F1"|444
|align = " center" bgcolor = "#DBE5F1"|90
|align = " center" bgcolor = "#DBE5F1"|'''1025'''
|-
|bgcolor = "#4F81BD"|<font color="#FFFFFF">'''Other patents'''</font>
|align = " center" bgcolor = "#DBE5F1"|948
|align = " center" bgcolor = "#DBE5F1"|249
|align = " center" bgcolor = "#DBE5F1"|102
|align = " center" bgcolor = "#DBE5F1"|165
|align = " center" bgcolor = "#DBE5F1"|'''1464'''
|-
|bgcolor = "#4F81BD"|<font color="#FFFFFF">'''Total'''</font>
|align = " center" bgcolor = "#DBE5F1"|'''5353'''
|align = " center" bgcolor = "#DBE5F1"|'''2082'''
|align = " center" bgcolor = "#DBE5F1"|'''4101'''
|align = " center" bgcolor = "#DBE5F1"|'''2360'''
|align = " center" bgcolor = "#DBE5F1"|'''13896'''
|-
|}
<br>
 
In Medical systems business, the company owns 39% of the total number of patents held by the company, with Japanese patents being the highest contributor to that.
==Business Overview==
===Employee Distribution===<br>
===Organisation Structure===
<br>
In April 2011, the company launched their regional headquarters for Asia and Oceania to coordinate regional strategy and facilitate business infrastructure development.<br>Source: Company website, Linkedin
==Medical Systems Business==
:(before corporate allocation of expenses)
<br>
{|border="2" cellspacing="0" cellpadding="4" width="81%" align="center"
|bgcolor = "#376091"|<font color="#FFFFFF">'''Metrics ( in Billion Yen)'''</font>
|bgcolor = "#376091"|<font color="#FFFFFF">''' '''</font>
===Product Portfolio===
The company offers endoscopes in various specialties. The following is a comprehensive list of endoscopes ,according to specialty, that the company offers:<br>* [http://www.olympusamerica.com/msg_section/msg_endoscopy_ebus_bronchoscopes.asp EBUS Bronchoscopes]* [http://www.olympusamerica.com/msg_section/msg_endoscopy_fiber_bronchoscopes.asp Fiber Optic Bronchoscopes]* [http://www.olympusamerica.com/msg_section/msg_endoscopy_video_bronchoscopes.asp Video Bronchoscopes]* [http://www.olympusamerica.com/msg_section/msg_endoscopy_capsulescopes.asp Capsule Endoscopes]* [http://www.olympusamerica.com/msg_section/msg_endoscopy_choledochoscopes.asp Choledochoscopes]* [http://www.olympusamerica.com/msg_section/msg_endoscopy_colonoscopes.asp Colonoscopes]* [http://www.olympusamerica.com/msg_section/msg_endoscopy_duodenoscopes.asp Duodenoscopes]* [http://www.olympusamerica.com/msg_section/msg_endoscopy_echoendoscopes.asp Echoendoscopes]* [http://www.olympusamerica.com/msg_section/msg_endoscopy_enteroscopes.asp Enteroscopes]* [http://www.olympusamerica.com/msg_section/msg_endoscopy_esophagoscopes.asp Esophagoscopes]* [http://www.olympusamerica.com/msg_section/msg_endoscopy_gastroscopes.asp Gastroscopes]* [http://www.olympusamerica.com/msg_section/msg_endoscopy_laryngoscopes.asp Laryngoscopes]* [http://www.olympusamerica.com/msg_section/msg_maf.asp Intubation Scopes]* [http://www.olympusamerica.com/msg_section/msg_endoscopy_rhinolaryngoscopes.asp Rhinolaryngoscopes]* [http://www.olympusamerica.com/msg_section/msg_endoscopy_sigmoidoscopes.asp Sigmoidoscopes]
[[Image:prodcuts_olympus.PNG|center|frame| [http://www.olympus-global.com/en/ Olympus]]]
<br>
In the medical equipment market, growth in the inspection device field has been stagnant, although such therapeutic device fields as surgical and endotherapy devices have shown market growth and drawn attention for technological innovation.
<br>
* The Exera 2, the previous entry in the Exera series, used NBI technology to enable full-color endoscopy, allowing doctors to more easily recognize affected areas in their patients. This product thus addressed doctors’ needs in the area of visibility, and sales grew worldwide.
 
===Recent Developments===
<br>
{|border="2" cellspacing="0" cellpadding="4" width="100%"
|align = "center" bgcolor = "#4F81BD"|<font color="#FFFFFF">'''S.No.'''</font>|align = "center" bgcolor = "#4F81BD" width="10%"|<font color="#FFFFFF">'''Date'''</font>
|align = "center" bgcolor = "#4F81BD"|<font color="#FFFFFF">'''News/Development'''</font>
|-
|align = "rightcenter"|1.|align = "center"|July 2011
|[http://www.olympus-global.com/en/news/2011b/nr110704spiruse.html Olympus Corporation to Acquire Spirus Medical, Inc., an endoscope insertion device manufacturer]
|-
|align = "rightcenter"|2.|align = "center"|May 2011
|[http://www.olympus-global.com/en/news/2011a/nr110526awarde.html Narrow Band Imaging (NBI) endoscopic technology, useful in early cancer detection, selected for the Prime Minister Prize at the 2011 National Commendation for Invention]
|-
|align = "rightcenter"|3.|align = "center"|May 2011
|[http://www.olympusamerica.com/corporate/corp_presscenter_headline.asp?pressNo=851 Olympus ScopeGuide Receives FDA Clearance]
|-
|align = "rightcenter"|4.|align = "center"|April 2011
|[http://www.olympusamerica.com/corporate/corp_presscenter_headline.asp?pressNo=850 Olympus Names Luke Calcraft as President of Medical Systems Group in the Americas]
|-
|align = "rightcenter"|5.|align = "center"|February 2011
|[http://www.olympus-global.com/en/news/2011a/nr110210corpe.html Olympus Names Michael C. Woodford to Serve as President]
|-
|align = "rightcenter"|6.|align = "center"|October 2010
|[http://www.olympus-europa.com/corporate/1696_4717.htm Magnetically guided capsule endoscope system presented at UEGW in Barcelona]
|-
|align = "rightcenter"|7.|align = "center"|May 2010
|[http://www.olympusamerica.com/corporate/corp_presscenter_headline.asp?pressNo=762 Olympus Develops World’s Fastest, Most Compatible Endoscope Reprocessor]
|-
|align = "rightcenter"|8.|align = "center"|April 2010
|[http://www.olympus-europa.com/corporate/1696_4246.htm Olympus Medical Systems Corporation and Siemens Healthcare announce collaborative development of advanced magnetically guided capsule endoscope system for intragastric observation]
|-
|align = "rightcenter"|9.|align = "center"|April 2010
|[http://www.olympus-global.com/en/news/2010a/nr100412omsiple.html Olympus Medical Systems India Private Limited established, would take care of Sales, marketing and service for medical equipment (endoscopes and related products, and surgical products, etc.)]
|-
|align = "rightcenter"|10.|align = "center"|February 2010
|[http://www.olympusamerica.com/corporate/corp_presscenter_headline.asp?pressNo=745 Olympus Introduces HDTV Gastroscope with Auxiliary Water Channel]
|-
|align = "rightcenter"|11.|align = "center"|November 2009
|[http://www.olympusamerica.com/corporate/corp_presscenter_headline.asp?pressNo=719 Olympus Introduces World's Smallest GI Scope to Offer 4-Way Angulation and Narrow Band Imaging]
|-
|align = "rightcenter"|12.|align = "center"|October 2009
|[http://www.olympusamerica.com/corporate/corp_presscenter_headline.asp?pressNo=713 Improved Endo Capsule Software Enhances Diagnostic Experience]
|-
|align = "rightcenter"|13.|align = "center"|February 2009
|[http://www.olympusamerica.com/corporate/corp_presscenter_headline.asp?pressNo=662 Olympus Introduces World’s First Combined Endoscopic Ultrasound Processor for Imaging and Treatment of Digestive and Pulmonary Diseases]
|-
|align = "rightcenter"|14.|align = "center"|December 2008
|[http://www.olympus-europa.com/corporate/1696_3032.htm Olympus further enhances credentials by entering into exclusive sales and distribution partnership with market and technology leader Advanced Surgical Concepts]
|-
|align = "rightcenter"|15.|align = "center"|November 2008
|[http://www.olympus-europa.com/corporate/1696_2774.htm Olympus Medical Systems Europa and BrainLAB Sign Sales and Marketing Cooperation Agreement]
|-
* PolyLoop Ligating Loop: Proprietary ligating loop for prophylactic hemostasis
* Biopsy Forceps: Specially designed to minimize damage to the enteroscope with it's stainless steel construction.
|-
|align = "center" rowspan = "1" bgcolor = "#4F81BD"|'''Sigmoidoscopy'''
|bgcolor = "#DBE5F1"|Endoscopic examination, therapy or surgery of the sigmoid flexure
|[[Image:Sig.PNG|100px]]
|
* PCF-S: Easy-reach L/R adapter (MAJ-1072) improves control and comfort for smaller hands and has a soft insertion tube for easier insertion and improved patient comfort. It is compatible with CV-180, CV-160 and CV-140 video processors.
* OSF-V60: 730mm working length gives access to the entire sigmoid colon. It has a Slim, 11.3mm insertion tube provides excellent handling while reducing patient discomfort.
* CF-Q160S: Superior image quality with large display size provides enhanced details throughout the image plane. When used in combination with the company's dedicated flushing pump and CV-160 video system center, a continuously clear view is ensured by a forward water jet that removes obstacles inside the colon at the touch of a switch on the scope.
* OSF-4: 700mm working length facilitates complete insertion. Generous 3.2mm instrument channel accommodates a wide variety of accessories.
|-
|}
===New Products===
*'''Scope Guide:'''<br>[[Image:Scope.PNG|right|140px]] is an exclusive Olympus technology designed to provide a real-time 3D image of the shape and configuration of the colonoscope inside the body. ScopeGuide assists with finding the optimal location to apply abdominal pressure, easier, more confident scope insertion, and early loop identification. The use of ScopeGuide during colonoscopies may lead to less patient discomfort.<br> By seeing the shape of the entire scope as it moves through the body, ScopeGuide provides additional visual information that is particularly helpful during difficult colonoscopies. The endoscopist can evaluate the extent of looping and get a better sense of which rotational maneuvers will be required to straighten out various loop formations that can occur during colonoscopy.
* '''Evis Lucera Colono-Videoscope:''' It helps in reducing the burden on patients and improving performance for both the inspection and treatment of colorectal cancer through the incorporation of two new functions, namely, high flexibility and highly responsive control at the insertion site, while adopting a thinner scope.
* '''Evis Lucera Gastrointestinal Videoscope:''' This slim gastrointestinal videoscope can be inserted through the nasal tract or the mouth to realise high quality images and is suited for the examination of lesions in the upper digestive tract, for example, in the stomach.
** 6 white LED lights always ensure a clear field of view
** Compact battery with energy efficient technology
:The company is developing technologies to expand the application of capsule endoscopes to the stomach and large bowel. 
<br>
Source: Company website, SEC fillings