Olympus 2005 Annual Report Download - page 2

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imaging
medical
systems business
life science business
systems business
industrial
> Since 1919, OLYMPUS CO RPORATIO N
and its subsidiaries (O lympus or the Group)
have led the industry in developing various products
based on optical technology. O lympus creates such ground-
breaking pro ducts as digital cameras through O pto -Digital
Technology, a fusion of optical and advanced digital technologies.
O lympus maintains excellence in all five of its businesses: the Imaging Systems
Business, which includes digital cameras, film cameras, and voice recorders; the
Medical Systems Business, which o ffers gastrointestinal endo scopes that lead the world
market, and minimally invasive products; the Life Science Business with bioscience products
and diagnostic systems; the Industrial Systems Business, comprising industrial microscopes,
industrial endoscopes, and information equipment; and the new Information and Communicatio n
Business that was established in the second half of fiscal 2005 after ITX Corporation became
a consolidated subsidiary in September 2004. The Industrial Systems Business has been
reorganized for future development, and in April 2005, O lympus transferred its indus-
trial microscope business operations to the Life Science Business and created two
new independent businesses: the IMS Business Divisio n for industrial endo -
scopes, and the PS Business Division fo r printers and other informa-
tion equipment. Uniting diverse technologies, the Group will
continue to provide technology and products that offer
new value in the daily lives of people worldwide.
systems business
information and
communication
business
CO NTENTS
A MESSAG E FRO M THE PRESIDENT 5
CO RPO RATE SO CIAL RESPO NSIBILITY 10
REVIEW OF O PERATIO NS 14
RESEARCH AN D DEVELO PMENT 22
CO RPO RATE GO VERNANCE AND CO MPLIANCE 23
BO ARD O F DIRECTO RS, CO RPO RATE AUDITO RS AND EXECUTIVE OFFICERS 2 4
FINAN CIAL SECTIO N 25
INTELLECTUAL PRO PERTY REPO RT 5 1
PRINCIPAL BUSINESS BASES / CO NSO LIDATED SUBSIDIARIES 53
INVESTOR INFO RMATIO N 55