Olympus 2012 Annual Report Download - page 7

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The new management received a vote of confidence from shareholders
at the Extraordinary General Meeting of Shareholders held on April
20, 2012, and has begun charting a new course toward the rebirth
of Olympus.
Olympus introduced three new corporate management policies:
Back to Basics, One Olympus, and Profitable Growth. For Olympus,
Back to Basics means carrying on the quest to create world-first,
world-class products by focusing on customers and their needs as
part of the mission to contribute to the development of society
through products and solutions. One Olympus refers to the unification
of the Group’s overall aspirations and strategies, efficient utilization
of management resources, and maximization of output. Finally,
Olympus will break free from an excessive emphasis on sales and
pursue Profitable Growth.
Olympus’ shares were designated as “securities on alert” by the
Tokyo Stock Exchange on January 21, 2012. Olympus aims to
reverse the designation in one year by strengthening the corporate
governance system, developing internal control systems, reviewing
compliance, and rebuilding the internal management system.
Under the new management structure, Olympus will continue to
undergo fundamental reforms to restore the public’s trust as soon as
possible.
AChairman
Yasuyuki Kimoto
EDirector,
Executive Managing Officer
Shigeo Hayashi
IOutside Director
Motoyoshi Nishikawa
LStanding Corporate Auditor
Takashi Saito
BPresident and
Representative Director
Hiroyuki Sasa
FOutside Director
Takuya Goto
JOutside Director
Hikari Imai
MStanding Corporate Auditor
Masashi Shimizu
CDirector,
Senior Executive Managing Officer
Hideaki Fujizuka
GOutside Director
Shiro Hiruta
KOutside Director
Kiyotaka Fujii
NOutside Corporate Auditor
Nobuo Nagoya
DDirector,
Senior Executive Managing Officer
Yasuo Takeuchi
HOutside Director
Sumitaka Fujita
OOutside Corporate Auditor
Katsuya Natori
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OLYMPUS 󱚈 Annual Report 2012 5