Olympus Corporation
Japanese optics company, founded 1919 / From Wikipedia, the free encyclopedia
Olympus Corporation (Japanese: オリンパス株式会社, Hepburn: 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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Native name | オリンパス株式会社 |
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Romanized name | Orinpasu Kabushiki-kaisha |
Company type | Public |
TYO: 7733 | |
Industry | Electronics |
Founded | 12 October 1919; 104 years ago (1919-10-12) (as Takachiho Seisakusho) Shinjuku, Tokyo, Japan |
Founder | Takeshi Yamashita[1] |
Headquarters | Hachioji, Tokyo, Japan |
Area served | Worldwide |
Key people | Stefan Kaufmann (president & CEO) |
Products |
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Revenue | ¥847,105 million (y/e March 2011)[2] |
Owners | |
Number of employees | 31,557 (31 March 2022)[2] |
Website | olympus-global.com |
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]