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Currently 8 female employees have been appointed for managerial positions. At Olympus, there are no restrictions in deciding who to employ- whether for entry-level or midlevel employ whose salary to raise, or who to promote. We are always ready to employ and make use of unique human resources: people who are capable in specialty fields, have appropriate work ethics, and think in terms of an independent professional.

Our skilled human resources include foreign nationals. Many local corporations are headed by locals. Olympus Imaging Corp., one of the core companies of the Olympus Group, has two foreign directors out of seven in total, while Olympus Medical Systems Corp. has two foreign directors out of seven in total (as of March 31, 2008).

At Olympus, there are 56 physically challenged employees who are a part of the workforce in various trades. The percentage of employees with disabilities is 1.64%^Note1, which is, regrettably, under the statutory level of 1.8%. Olympus, having accepted this result seriously, developed active recruiting activities and made its workplace more accessible to the physically challenged. In addition, aiming to raise their employment ratio to the statutory level, Olympus established concrete improvement plan and started to expand it actively.

Note1: The number and percentage of People with disabilities employees are the combined data of Olympus Corporation, Olympus Imaging Corp., and Olympus Medical Systems Corp. as of the end of April 2008.

Under the Olympus employment system, employees retire at the age of 60. In 2001, we introduced a reemployment system, under which nomination by Olympus was a requirement. Following the April 2006 amendments to the Law Concerning Stabilization of Employment of Older Persons, we introduced a new system under which all persons who wish to continue working are eligible for reemployment unless there are serious evaluation or health issues. We hold reemployment seminars for those approaching retirement age so that employees can be fully informed about the system before we ascertain their wishes. To ensure that Olympus is able to provide jobs for those seeking reemployment, we have established a new vocational development system encompassing the entire Olympus Group.

• Diversity and Opportunity of FY2006

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