Commitment to ComplianceOlympus Corporation

May 22, 2012

Olympus Corporation sincerely regrets that its past misconduct has caused people and society enormous difficulties and undermined stakeholder confidence. With this in mind, and in keeping with the company's Social IN philosophy, the new management team hereby declares its commitment, as follows:

To regain stakeholder trust and to enhance corporate value, Olympus' management is committed to complying with all laws and regulations and respecting social norms at all times.

In the effort to achieve sustainable growth, the management reaffirms the importance of laws, regulations and social norms, and fostering a corporate culture in which each employee, as a member of the Olympus Group, considers what is right and then acts in accordance with the company's guiding principles.

If this commitment is violated in any way, the cause shall be investigated, any past action bearing responsibility shall be brought to light and preventive measures shall be implemented.

By transforming our organization, we aim to create new value for society, to improve communication with all stakeholders and to increase the transparency of our decision making.

We reaffirm our basic mission of creating value for society through technology, quality and service, and we pledge that all employees of the Olympus Group will make a concerted effort to contribute to healthier and more fulfilling lives for people.

Hiroyuki Sasa
President and Representative Director
Olympus Corporation

Hiroyuki Sasa