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We are looking to the future, determining our
vision for Olympus 10 years from now and drafting
the roadmap that will guide us on our path.
Our commitment to leading Olympus to success
is resolute, and we will move swiftly as we boldly
tackle the obstacles that come before us.
To Our Stakeholders
Olympus passed an important milestone in fiscal 2015. The milestone I refer to is the resolu-
tion of the financial issues that had plagued the Company. Over the three years since the
institution of the Company’s new management team, we have pushed forward with recon-
struction, all employees united in our goal of regaining stakeholder trust lost and improving
corporate value. The benefits today all palpable, and extend beyond restructured corporate
governance systems and more stringent compliance. Our mainstay Medical Business, for
example, posted record-breaking net sales and operating income, despite conducting
additional growth investments, and made massive contributions to the Company’s overall
performance in fiscal 2015. We have also realized substantial improvements in our financial
position, an area where improvements were badly needed. We were therefore able to issue
dividend payments for the first time in four years, thus resolving an issue that was of top
priority for management. Moreover, we are making steady progress in transitioning to a new
organizational structure, which entails integrating business units in order to reallocate man-
agement resources. I truly feel that fiscal 2015 was a year in which we were successful in
building the foundations for future growth.
Fiscal 2016 will be the first year under the new organizational structure. Not just this,
but I also feel that fiscal 2016 marks the start of a new Olympus. We are currently in the
process of formulating a new medium-term management plan that is slated to start with
fiscal 2017. In developing this plan, we are looking to the future, determining our vision for
Olympus 10 years from now and drafting the roadmap that will guide us on our path. We
have cut a fresh start, and are working to build the foundations for the future development
of the new Olympus with eyes on our next milestone to pass—our centennial anniversary
in 2019—and the road that lies beyond. Our commitment to leading Olympus to success
is resolute, and we will move swiftly as we boldly tackle the obstacles that come before us.
August 2015
15
OLYMPUS Annual Report 2015
14 OLYMPUS Annual Report 2015
Olympus’ Growth Strategies
Hiroyuki Sasa
President and Representative Director