Overview

Our Innovation History
1919-1950s

Olympus was born in 1919 with the purpose of manufacturing microscopes domestically.

—100 Years ofThe Company succeeded in developing the world’s first practical gastrocamera roughly 30 years later.

Olympus

For 100 years from the delivery of its first product, Olympus has continued to create new value for society.

1960-1980s

1990-20102011-20152016-20182019

From the Founding of Olympus and the Path to Business
Modernization

Evolution as an Integrated Optical Manufacturer and Expansion ofOverseas Sales Networks

Diversification of Medical Field

Unveiled “Back to Basics” Slogan and Began Shifting Resources to Medical Field

Transition from Stage of Reconstructing Management toStage of Sustainable Growth and Development

Aiming to Become a Truly Global Medical Technology
Company

1919
1921
1949

1964
1968
1979
1989

2001
2004
2008

2011
2012

2016

2019

History of Olympus

Established as Takachiho Seisakusho to manufacture microscopes in Japan
Registered trademark as Olympus
Name changed to Olympus Optical Co., Ltd.
Company listed on Tokyo Stock Exchange (TSE)

Established Olympus Europe
Established Olympus Corporation of America
Established U.S. location in California (currently world’s largest endoscope service center)
Established Beijing residential office and corporation in Singapore

Commenced collaboration with Terumo Corporation
Acquired Celon AG
Established first training center in China (Shanghai)
Acquired Gyrus Group PLC to strengthen surgical area of Medical Field

Deferred recording of past losses discovered
Appointed new management teamAnnounced medium-term vision (corporate strategic plan)
Formed business and capital alliance with Sony Corporation
Transferred Information & Communication Business

2013
2015

Security on Alert Designation placed on Company stock by TSE removed
Procured capital through public offering in overseas markets (approx. ¥110 billion)
Integrated three companies and shifted to matrix-style operational structure

2017
2018

Evolution of Medical Field

Increased production capacity (completed construction of new buildings)
at medical endoscope development and production sites(Aizu, Shirakawa, and Aomori)
Announced new medium-term management plan, 16CSP
Acquired Image Stream Medical, Inc., of the United States
Introduce new Corporate Philosophy

Announced corporate transformation plan, Transform Olympus
Announced corporate strategy

Revenue (2019/3)

Development of World’s First Practical Gastrocamera

Entry into Surgical Device Business

New Era of Videoscopes

Development of Endoscopic Surgery

Advent of Observation Using Specific Light Spectra

Olympus succeeded in creating a gastrocamera through joint development between theCompany’s R&D team and a physician in the Department of Gastroenterology of The
University of Tokyo. The introduction of fiberscopes made it possible to see directly
inside a patient’s stomach in real time.

Predicting that endoscopes would eventually be used in surgery, Olympus acquired German rigid
endoscope manufacturer Winter & Ibe GmbH in 1979 and expanded its business into the surgicalendoscope field.

The development of videoscopes, which feature imaging elements such as CCDs built into theirdistal tips, contributed to a substantial increase in the accuracy of diagnoses. This increase inaccuracy came from the ability to display images on monitors for multiple healthcare professionals
to view.

Olympus continued to release innovative products, including HD surgical endoscopes—the world’s first surgical energy
device to integrate both advanced bipolar and ultrasonic energy—and 3D and 4K surgical endoscopes.

Olympus continued to accelerate the advance of technologies, such as narrow band imaging (NBI) technologies. As a result,endoscopes evolved from being mere observation tools to becoming medical devices capable of treatment and therapy.

¥793.9 billion

Scientific Solutions and Imaging ProductsOthers¥6.7 billion(0.8%)
Imaging Division¥48.7 billion(6.1％)

1920

1936

1963

1968

1983

2006

2009

2013

2016

2016

2016

2019

Introduced Asahi 600x

Introduced Olympus’ first camera, theLaunched the Olympus Pen F, theLaunched Company’s first

Launch of AH2 microscope series,

Introduced OmniScan iX

Introduced first Olympus mirrorlessLaunched flagship mirrorlessLaunched IPLEX NX industrial

Released FV3000 laser scanning

Introduced VANTA, handheld X-ray

Launched OLYMPUS OM-D E-M1X,

microscope

Semi-Olympus I, marking entry into

world’s first half-size SLR camera

industrial-use fiberscope

the world’s first microscope with

non-destructive testing systemcamera, OLYMPUS PEN E-P1

camera OLYMPUS OM-D E-M1

videoscope

confocal microscope

fluorescence (XRF) analyzer

an OM-D system designed for professionals

Medical Equipment

camera business

ScientificSolutions Division¥104.2 billion(13.1％)

autofocus functionality.

Revenue ofMedical Field

80

Approx.
20171964

1966

1975

Developed world’s first

Introduced GTF fiber

Launched Olympus’ firstEntered medical surgicalpractical gastrocamera

gastroscope

biopsy scope andendoscopy field

2000

2002

Introduced EVIS

Introduced EVIS

Launched EVISEXERA II and EVISEXERA endoscopic

LUCERA, the world’s

LUCERA

video system

first HD endoscopy

SPECTRUM,

systemendoscopic video

endotherapy devices

surgical endoscopy systemsystems that include(biopsy forceps andcompatible with 3D and2012

2012

2015

Introduced THUNDERBEAT, theIntroduced EVIS EXERA III andIntroduction of a surgicalinfrared (IR) observationworld’s first energy device to

EVIS LUCERA ELITE platform

endoscopy system

functions

integrate both advanced bipolarsystems for gastrointestinal

incorporating 4K technology

and ultrasonic energy

endoscopy

developed by Sony Olympus
Medical Solutions Inc.

NBI technologies

cytology brushes)

Launched
EVIS LUCERA SPECTRUM

Medical Field

Others

TherapeuticSolutions Division¥215.5 billion(27.1%)

Others¥19.6 billion(2.5%)

Launched
VISERA ELITE II

Introduced
EVIS EXERA III and
EVIS LUCERA ELITE

Launched
EVIS LUCERA

Note: Excludes sales from the Information & Communication Business (FY2005–FY2013)
Figures through FY2016, based on Japanese GAAP (JGAAP); Figures from FY2017 onward, based on IFRS

(3D observation)(IR observation)

Introduced surgicalendoscopy system
incorporating 4K

Launched
3D laparoscopysystem

Introduced
VISERA ELITE

Introduced
EVIS EXERA II

Revenue

Asia / Oceania¥168.5 billion(21.2％)

Launched
EVIS EXERAJapan¥146.3 billion(18.4%)

Overseas
RevenueFoundation

Over

Founding of Olympus by Takeshi
Yamashita under the company
name Takachiho Seisakusho;
established in Tokyo, Japan, fordomestic production ofmicroscopes.

October
1919

Europe¥192.0 billion(24.2％)

(FY)

1991

1992

1993

1994

1995

1996

1997

1998

1999

%

Launched VISERA ELITE II

2006
1950

EndoscopicSolutions Division¥418.8 billion(52.8%)

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

80%

North America¥267.4 billion(33.7%)