Olympus aims high with five-year plan
This article was originally published in Clinica
Executive Summary
Japanese company Olympus Optical plans to steadily increase the profitability of its medical unit, with operating income targets of ¥7bn ($471m) for this year, Yen67bn for 2005 and Yen89bn for 2007. Its five-year strategy for medical business is two-pronged: to become a total system supplier from basic medicine to clinical medicine and to expand existing businesses. The company has set ambitious sales targets of Yen255bn for this year, Yen315bn for 2005 and Yen400bn for 2007.