Olympus 2010 Annual Report Download - page 11

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OLYMPUS 2010 9
business activities, we aim to generate new busi-
nesses that can serve as core businesses or support
for future core businesses over the next 10 years.
To that end, we are integrating our own new busi-
nesses and those of ITX Corporation and are sharing
management resources. By doing so, we will further
reinforce the Group’s overall capabilities and realize
the transition to an efficient management structure
that can accelerate searching for and developing
new businesses.
Capital Investment and Financial Policies
Lastly, I would like to talk about the capital invest-
ment and financial policies necessary for the steady
implementation of corporate-level strategy and
strategy by business segment.
In the area of capital investment, we have
earmarked a total of ¥230 billion over the next five
years, mainly for the Medical Systems Business. With
the aim of achieving a lean corporate structure, we
will carefully examine cost efficiencies to determine
where to invest. In R&D activities, we will focus our
investment on imaging, next-generation health care
and environmental technologies.
Regarding the improvement of financial strength,
we will carefully review the cash flows of each
business with the aim of raising the consolidated
equity ratio to more than 25% while reducing
interest-bearing liabilities. We will also maintain
ongoing shareholders’ return while ensuring our
continued healthy financial standing and investing in
accordance with our growth strategy.
Toward the 100th Anniversary Vision
In the run up to the celebration of its 100th anni-
versary in 2019, Olympus formulated the Centenary
Vision, which, along with 2010 CSP, symbolizes the
Group’s vision and commitment to social responsibil-
ity (see above).
By steadily implementing the above 2010 CSP-
based strategies over the next five years, we will
make Groupwide efforts attain this Centenary Vision.
We sincerely ask for your continued understanding
and support.
Centenary Vision—The Olympus Group in 10 Years
•
We will bring innovation to people’s lives and society through our world-leading imaging,
medical and life science technologies. We seek to be admired in international society
through all of our activities
•
We promise to make people’s lives healthier, safer more secure and more fulfilling by
supplying products and services that are supportive of people, society and the earth.
•
We are strongly committed to environmental management and will continue to be one of the
most environmentally efficient companies in the world.
Tsuyoshi Kikukawa President