News | Press Releases
September 10, 2012
Integration of Production by Toshiba Medical Systems Corporation and Toshiba Medical Manufacturing Co., Ltd.
Otawara, Japan, September 10, 2012 - In order to achieve further growth, Toshiba Medical Systems Corporation (TMSC; headquarters: Otawara, Tochigi, Japan; President: Satoshi Tsunakawa) and TMSC Group company Toshiba Medical Manufacturing Co., Ltd. (TMM; headquarters: Otawara, Tochigi, Japan; President: Yoshio Taniguchi) have reached an agreement to integrate their production systems for medical equipment on October 1, 2012, to be followed by the merger of TMM into TMSC on April 1, 2013.
Announcement:
The TMSC Group has manufacturing sites in Japan and China and is a supplier of medical equipment such as diagnostic X-ray systems, CT systems, MRI systems, and diagnostic ultrasound systems in more than 120 countries around the world. TMM is involved in the design of diagnostic X-ray systems and the manufacture of a wide variety of parts and units based on its unique production engineering capabilities for provision to the TMSC Group.
The business environment has undergone many changes in recent years, and strengthening our production and engineering systems is an urgent task to ensure our future competitiveness. Taking advantage of this integration and subsequent merger, we will make every effort to fully exploit the synergistic effects of the integrated technologies of each company and establish a system that can take quick actions according to changes in the business environment and provide products to global markets with a strong competitive edge.
［Overview of TMSC and TMM］
| Company name | Toshiba Medical Systems Corporation | Toshiba Medical Manufacturing Co., Ltd. |
|---|---|---|
| Location of headquarters | 1385 Shimoishigami, Otawara, Tochigi, Japan | 1385 Shimoishigami, Otawara, Tochigi, Japan |
| President and CEO | Satoshi Tsunakawa | Yoshio Taniguchi |
| Core business | Development, manufacturing, sales, and technical service of medical equipment | Development, manufacturing, repair, and sales of X-ray systems and manufacturing of parts for medical equipment |
| Capitalization | 20.7 billion yen | 340 million yen |
| Date incorporated | September 1948 | October 1968 |
| Main shareholder | Toshiba Corporation (99.4%)
(100% held by the Toshiba Group) | Toshiba Medical Systems Corporation
(100%) |
About Toshiba Medical Systems Corporation
Toshiba Medical Systems Corporation is a leading worldwide provider of medical diagnostic imaging systems and comprehensive medical solutions, such as CT, X-ray and vascular ultrasound, nuclear medicine and MRI systems, as well as information systems for medical institutions. Toshiba Medical Systems Corporation has been providing medical products for over 80 years. Toshiba Medical Systems Corporation is a wholly owned subsidiary of Toshiba.
For more information, visit www.toshibamedicalsystems.com
About Toshiba
Toshiba is a world-leading diversified manufacturer, solutions provider and marketer of advanced electronic and electrical products and systems. Toshiba Group brings innovation and imagination to a wide range of businesses: digital products, including LCD TVs, notebook PCs, retail solutions and MFPs; electronic devices, including semiconductors, storage products and materials; industrial and social infrastructure systems, including power generation systems, smart community solutions, medical systems and escalators & elevators; and home appliances.
Toshiba was founded in 1875, and today operates a global network of more than 550 consolidated companies, with 202,000 employees worldwide and annual sales surpassing 6.1 trillion yen (US$74 billion). Visit Toshiba's web site at www.toshiba.co.jp/index.htm
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