Otawara, Japan, December 21st, 2015 — Canon Medical Systems Corporation (“TMSC”, President: Toshio Takiguchi; Headqurters: Otawara, Tochigi, Japan), has decided to work on inviting outside majority shareholder(s), in order to strengthen the financial ability to further realize our growth strategies, following the announcement of “Canon Revitalization Action Plan” by Canon Corporation.
Within the process of developing mid-term plans, Canon’s decision is based on careful and through consideration that it is appropriate to invite outside investment to TMSC, in order to gain sufficient business resources for appropriate investment towards TMSC’s further growth.
TMSC has been contributing to medical industry by providing innovative and advanced products, solutions and services to its customers worldwide. But the industry is growing and changing rapidly with new technologies and business fields. In order for TMSC to realize its potential and to maximize its value to the full, making active and timely investments towards further growth and cutting-edge innovations is, inevitable. TMSC has been conducting many R&D investments, but for the future growth and innovation of technology and products, it is important to continue making further investments, including M&As.
Inviting outside investment will allow TMSC to make active and timely strategic investments and secure sufficient business resources for research & development, etc. for further business growth.
About Canon Medical Systems Corporation
Canon 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. Canon Medical Systems Corporation has been providing medical products for over 80 years. Canon Medical Systems Corporation is a wholly owned subsidiary of Canon. Visit Canon Medical Systems Corporation’s website at https://global.medical.canon
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