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Shimadzu Corporation is a Japan-based precision instruments manufacturer that provides various industries around the world with analytical, medical, aircraft and industrial instruments and services.
The company operates in four business segments:
Medical Systems – produces X-ray imaging systems, PET systems, CT scanners, combined PET/CT systems and ultrasound diagnostic instruments. In addition to supplying its systems to hospitals and other healthcare organisations, Shimadzu also has original equipment manufacturer (OEM) agreements to supply systems to Fujifilm Corporation and Hitachi Medical Corporation. Shimadzu is the only Japanese company to manufacture PET products. Its CT systems and combined CT/PET products are only available in Japan.
Analytical and Measuring Instruments – manufactures general analytical instruments (chromatography and spectrometers) mainly for pharmaceutical, chemical and life sciences; surface analysers mainly for electronics; environmental analysers for environmental preservation; and testing and non-destructive inspection machines mainly for materials.
Aircraft Equipment – provides mainly flight control systems, air conditioning systems for cockpits and cabins; and head-up-displays that provide symbols and data at eye level for fighter pilots.
Industrial Machinery – provides mainly turbo-molecular pumps installed in semiconductor and flat panel display production equipment on board, chemical vapour deposition equipment for solar cells and hydraulic equipment for forklift trucks and construction machinery. This report focuses on Shimadzu’s Medical Systems business, which generated sales of ¥50,601 million in the fiscal year ended 31st March 2012, representing 19% of the group’s total sales. The Medical Systems business primarily competes with Philips Healthcare, Siemens Healthcare, Toshiba Medical Systems and GE Healthcare.
This company report provides
Overview Key contact information Introduction to the company and its current activities Summary of its financial performance Who are the company’s major competitors? Key recent events in an “at a glance” format
Financial Review Current year and annual financial data, including revenue breakdowns by product area and geographic region (if available) Table providing in-depth five-year financial analysis Employee data, including breakdown by company division and geographic location
Strategic Focus Investigates the company’s aims and its areas of focus
Products Core product areas, key brands, product approvals and launches Research and Development How much has been invested in R&D? Where is the research based? What alliances and agreements does the company have and with whom?
Manufacturing and Distribution
Agreements With whom has the company reached agreements and what do they involve? Key contracts awarded
Mergers, Acquisitions and Joint Ventures
Key Corporate Events
The report was produced as part of Medical Device Companies Analysis (MDCA).
Table Of Contents
Shimadzu Medical Device Company Intelligence Report Contents
OVERVIEW .1 STRATEGIC FOCUS .2 Medical Systems Business 3 Growth in China 3 Outlook for Shimadzu's Domestic Market .4 Espicom View 4 FINANCIAL REVIEW .5 Fiscal Year 2011 Financial Results .5 Sales by Business Segment .6 Sales by Geographic Area .7 Five-Year Financial Data 8 Outlook 9 Employees 9 PRODUCTS 10 Shimadzu Product Summary .12 Angiography 12 Fluoroscopy 14 Mobile X-ray .15 Radiography 16 CT 17 PET 17 Ultrasound 18 RESEARCH AND DEVELOPMENT .19 RandD Expenditure .19 Medical Systems RandD Activities .19 Research Agreements 19 Hokkaido University 19 Shimane University 20 National Cancer Center 20 MANUFACTURING AND DISTRIBUTION .22 AGREEMENTS 23 Imaging Diagnostic Systems 23 bioMerieux 23 EDDA Technology 23 Fujifilm 24 Canon 24 Sharp Corporation and Shindengen Electric Manufacturing 24 Civco Medical Instruments (Roper Industries) .24 MERGERS AND ACQUISITIONS 26 Evolved Digital Systems 26 JOINT VENTURES 27 Shimadzu Vietnam Medical Hi-Tech 27 Beijing Shimadzu Medical Equipment Co Ltd 27 LITIGATION .28 Caliper Life Sciences 28 KEY CORPORATE EVENTS .29
List of tabLes
Recent Key Events 1 Shimadzu - Annual Financial Results, FY2007-FY2011 5 Shimadzu - Annual Sales and Operating Income by Business Segment, FY2007-FY2011 6 Shimadzu - Medical Systems Sales by Geographic Area, FY2007-FY2011 7 Shimadzu - Five-Year Financial Summary, FY2007-FY2011 .8 Shimadzu - Financial Targets for FY2013 .9 Agreements Summary 23
List of Charts
Shimadzu - Annual Sales and Operating Income, FY2007-FY2011 5 Shimadzu - Annual Sales by Business Segment, FY2007-FY2011 6 Shimadzu - Medical Systems Sales by Geographic Area, FY2007-FY2011 7 Shimadzu - Medical Systems Sales by Product Category, FY2011 .11