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Focus Area 3Responsible Supply Chain
The Future We Envision
Collaborating with suppliers worldwide to build a robust supply chain that addresses social and environmental challenges
As a global MedTech company, Olympus provides medical facilities across diverse countries and regions with products that directly benefit public health and well-being. In recognition of this social mission, we work closely with our wide-ranging supplier base to mitigate risks that might impact product manufacturing or service provision. Furthermore, to support the realization of a sustainable society, we collaborate with our suppliers to tackle environmental and societal challenges. Our company aims to establish a supply chain that can dynamically adapt to macro-environmental changes, minimize lead times, and meet customer needs effectively and efficiently.
- Materiality Topics
WhyWhy are we taking these actions?
Our responsibility as a globally active MedTech company
Olympus Perspective 1: Stable Product Supply
The products we provide directly impact people’s health
Olympus products are essential for diagnostics and treatments that directly impact public health. Effective supply chain management ensures an uninterrupted flow of materials, production, and distribution, which guarantees a stable supply of reliable products. As a global provider, the company prioritizes resilience to unforeseen disruptions, such as natural disasters, to uphold its mission of supporting healthcare facilities worldwide.
Olympus Perspective 2: Corporate responsibility across the supply chain
Promoting sustainability, together with suppliers in each country and region
Throughout their supply chains, enterprises must ensure compliance, uphold human rights, and prioritize occupational health and safety. Olympus recognizes its responsibility as a global company to strengthen sustainability initiatives with suppliers and drive necessary improvements. Leadership from globally active companies such as Olympus is essential to address climate change and realize a circular and carbon-neutral economy.
HowHow will we achieve this?
Raising resilience and tackling social and environmental issues through three key approaches.
Approach 1: Creating an integrated manufacturing and supply chain structure
Ensuring uninterrupted operation of healthcare facilities through risk reduction and increased resilience
Olympus relies on unique third-party materials, requiring a highly resilient supply chain. Natural disasters and geopolitical shifts can disrupt the procurement of essential materials. To address this, in April 2022 Olympus consolidated its manufacturing, procurement, and supply chain management under a Chief Manufacturing and Supply Officer (CMSO). This structure aims to improve risk identification while streamlining production, sales, and marketing operations.
The impact of large-scale natural disasters—such as the Great East Japan Earthquake (2011) and the Noto Earthquake (2024)—underscores the importance of supply chain resilience. We are working to establish systems that ensure a continuous supply of products and services at healthcare facilities, even under unforeseen circumstances. Risk visibility is being enhanced across multiple supply chain tiers, through advanced IT solutions and AI-powered risk detection, and proactive crisis management is being ensured.
〈Related Materiality Topics〉Supply chain risk mitigation and resilience
Approach 2: Strengthening our social commitment
Ensuring compliance and accountability through third party code adherence and supplier audits
Olympus enforces compliance with its Global Third Party Code, which emphasizes human rights, anti-corruption, equitable trade practices, and environmental stewardship. A centralized supplier management system facilitates ongoing monitoring and regular audits, to ensure suppliers adhere to sustainability standards and maintain robust business continuity plans (BCPs).
〈Related Materiality Topics〉Human rights commitment in supply chain management
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| Multi-tier Supply Chain Visibility (SCV) |
| Business Continuity Plan (BCP) |
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Approach 3: Reducing greenhouse gas emissions
Requesting that suppliers set SBTs
Olympus actively collaborates with applicable suppliers, requesting that they set science-based targets (SBTs) for greenhouse gas emission reductions. Supplier surveys allow us to monitor and validate progress, driving collective advancements toward a sustainable and resilient supply chain.
〈Related Materiality Topics〉Supply chain risk mitigation and resilience
WhatWhat specifically will we do?
Initiative Example 1: Building a Resilient Supply Chain Through Data Utilization and Strengthened Supplier Partnerships
The head of Global Procurement Excellence & Performance shares their vision and initiatives for mitigating supply chain risk, ensuring resilience, and working with vendors to address sustainability.