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June 10, 2014

Toshiba Medical Systems Corporation Establishes New Subsidiary in Malaysia

Toshiba Medical Systems Corporation (TMSC; headquarters: Otawara, Tochigi Prefecture, Japan; President: Satoshi Tsunakawa) has established Toshiba Medical Systems Malaysia Sdn. Bhd. as a joint venture corporation with TMSC's distributor in Malaysia, Abex Medical System Sdn. Bhd. (Abex headquarters: Kuala Lumpur; Chairman: Tan Sri Dr. Kuan Yong Kuan). The new company will start business on June 12th 2014 as a subsidiary of TMSC.

A high economic growth rate of approximately 5% or more is expected in Southeast Asia, and economic development will lead to an increase in population and changes in disease prevalence patterns. The medical market in this region is estimated to be about 40 billion yen (according to research by TMSC), and continued expansion is expected.

Among these countries, Malaysia, with its advanced healthcare, is actively promoting medical tourism as one of the nation's growth industries, and is receiving large numbers of patients from abroad. In order to provide top-quality healthcare in Malaysia, there is a growing need among medical institutions to install cutting-edge medical technologies such as Toshiba's Aquilion ONE™ area detector CT systems.

TMSC started business in Malaysia in August 1981 through Abex and has implemented local sales and service activities. With the advantage of collaboration with globally expanded R&D centers and training centers, both within and outside Japan, establishment of a subsidiary in Malaysia will allow the latest Toshiba systems to be used to their fullest potential.

TMSC will continue its efforts to contribute to healthcare in Malaysia and other Southeast Asian countries by enhancing products with high added value and strengthening its service system to meet market needs.

Company profile:

NameToshiba Medical Systems Malaysia Sdn. Bhd.
PresidentMr. Tan Tuan Shee (current Assistant to Managing Director of Toshiba Medical Systems Asia Pte., Ltd.)
ActivitiesSales and service of medical equipment
Employees112
AddressLot 2-5, Jalan SU/6A, Lion Industrial Park, Section 26, 40400 Shah Alam, Selangor, Malaysia

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Headquarters in KL

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. Visit Toshiba Medical Systems Corporation's web site at http://www.toshibamedicalsystems.com/.

About Toshiba

Toshiba Corporation, a Fortune 500 company, channels world-class capabilities in advanced electronic and electrical product and systems into five strategic business domains: Energy & Infrastructure, Community Solutions, Healthcare Systems & Services, Electronic Devices & Components, and Lifestyles Products & Services. Guided by the principles of The Basic Commitment of the Toshiba Group, "Committed to People, Committed to the Future", Toshiba promotes global operations towards securing "Growth Through Creativity and Innovation", and is contributing to the achievement of a world in which people everywhere live safe, secure and fulfilled lives.

Founded in Tokyo in 1875, today's Toshiba is at the heart of a global network of over 590 consolidated companies employing over 200,000 people worldwide, with annual sales surpassing 6.5 trillion yen (US$63 billion). To find out more about Toshiba, visit www.toshiba.co.jp/index.htm.

* Aquilion ONE is trademarks of Toshiba Medical Systems Corporation.

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