• IntroductionOlympus Corporation
  • ProductsCameras and audioMedical and surgicalScientificIndustrial
  • Name and logo
  • Corporate affairsOwnershipGovernance
  • 2011 accounting scandalOverviewDevelopments
  • 2016 bribery scandal
  • See also
  • References
  • External links

Olympus Corporation

Japanese optics company, founded 1919 / From Wikipedia, the free encyclopedia

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Olympus Corporation (オリンパス株式会社, Orinpasu Kabushiki-gaisha) is a Japanese manufacturer of optics and reprography products. Olympus was established on 12 October 1919, initially specializing in microscopes and thermometers.[4] Olympus holds roughly a 70 percent share of the global endoscope market, estimated to be worth approximately US$2.5 billion. Its global headquarters are located in Hachioji, Tokyo, Japan.

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Quick Facts Native name, Romanized name ...
Olympus Corporation
Logo since 2000
Native name
オリンパス株式会社
Romanized name
Orinpasu Kabushiki-kaisha
Company typePublic
Traded as
TYO: 7733
IndustryElectronics
Founded12 October 1919; 104 years ago (1919-10-12) (as Takachiho Seisakusho)
Shinjuku, Tokyo, Japan
FounderTakeshi Yamashita[1]
HeadquartersHachioji, Tokyo, Japan
Area served
Worldwide
Key people
Yasuo Takeuchi (president & CEO)
Products
  • Precision machinery and instruments
  • Cameras
  • Voice recorders
  • Endoscopes and other medical devices
  • Face cream
  • Plastic tableware
RevenueIncrease ¥847,105 million (y/e March 2011)[2]
Owners
  • Mitsubishi UFJ Financial Group[3] (4.60%)
  • Sumitomo Mitsui Financial Group[3] (2.44%)
Number of employees
31,557 (31 March 2022)[2]
Websiteolympus-global.com
Close

In 2011, Olympus attracted worldwide media scrutiny when it fired its CEO Michael Christopher Woodford for whistleblowing, and the matter snowballed into a corporate corruption investigation[5] with multiple arrests.[6] In 2016, it paid US$646 million (equivalent to $804 million in 2023) in fines associated with its illegal, long running, kickback scheme.[7]

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