Message from the President
Building Win-Win Relationships with Our Stakeholders
From a business management perspective, it is necessary to maximize corporate value while offering new value to society. Corporate value can be measured in terms of financial value, corporate fundamentals or intellectual capital. I regard corporate fundamentals as the most important of these. I want all Olympus officers and employees to apply our "Social IN" management philosophy to their day-to-day activities, and I want Olympus to be a company viewed with pride by all stakeholders-customers, shareholders, suppliers and employees and their families. This is the foundation on which we must build reciprocal win-win relationships based on strong trust with all of our stakeholders.
Of course, the creation of win-win relationships requires the development of systems and policies through which our philosophy can be realized. That is why we have adopted the Olympus Group Corporate Conduct Charter as a set of basic principles that all officers and employees must apply to our business activities. We have also established a code of conduct defining rules and behavior standards for our officers and employees.
Olympus is member of the United Nations Global Compact, and we have incorporated the 10 Global Compact principles into our Corporate Conduct Charter and code of conduct. The Global Compact is a pledge to the international community. We are hard to retreat from this commitment, since we are required to report annually on our initiatives. Our membership of the Global Compact reinforces our employees' awareness of the required standard of conduct. It is also a great source of pride for them. We refer to our management philosophy, Corporate Conduct Charter and code of conduct as "the Olympus backbone," and we are determined to ensure full compliance with all of these requirements by all Olympus Group companies, including overseas subsidiaries.
I have always believed that corporate value is the sum of the value of each individual in the organization. To maximize our corporate value, we must maximize the value of each individual. That process must begin with a commitment by each of us to improve our own value. To provide organizational support, we are reforming our goal management system. (See Feature 02)
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