TOKYO, Apr 25, 2025 - (JCN Newswire via SeaPRwire.com) - Olympus Corporation (Olympus), a global MedTech company committed to making people's lives healthier, safer and more fulfilling, today announces appointment of a Chief Executive Officer (CEO) aimed at accelerating its ongoing transformation efforts in the medtech space. The Board of Directors has decided unanimously to appoint Bob White, a former Executive Vice President and President, Medical Surgical Portfolio for Medtronic, as a successor to Yasuo Takeuchi, Olympus’ Director, Representative Executive Officer, President and CEO, effective June 1, 2025. Bob will also be proposed as a candidate for election to the Board at Olympus’ General Meeting of Shareholders scheduled to be held in June 2025. “We are pleased to name Bob to this pivotal leadership role. He possesses a wealth of experience garnered from his tenure at various esteemed organizations within the medical technology sector. I look forward to welcoming him as a leader who will bring extensive knowledge and expertise to the company.” said Yasuo Takeuchi. “Over the course of his career, Bob has demonstrated exceptional leadership in driving both transformative growth and strategic initiatives. I am truly pleased that he is bringing this profound expertise and insight to Olympus.”Comment from Bob White“I am truly honored and grateful for the trust placed in me by the Board of Directors and the Nominating Committee. Olympus is an exceptional company, known for its market-leading solutions, cutting-edge technology, and remarkable people. I’m excited to bring my experience to the table and contribute to the company’s ongoing success and growth. I’ve long admired Olympus for its rich Japanese heritage, outstanding products, and unwavering commitment to serving the needs of both clinicians and patients.”Bob most recently served as Executive Vice President and President, Medical Surgical Portfolio for Medtronic until April 2024. Before then, he was Senior Vice President and President of Medtronic Asia Pacific, based in Singapore where he had responsibility for APAC as well as Japan. During his tenure at Covidien, he held the positions of President of Emerging Markets and President of Respiratory and Monitoring Solutions. He has seen numerous innovation programs and led several R&D initiatives and M&A transactions within complex business portfolios. His close engagement with the market and customers has enabled him to maintain a strong understanding of physician needs. Prior to joining Medtronic, Bob held leadership positions at GE Healthcare, Merge Healthcare and Healthcare Division, IBM. Throughout his career in the medtech industry, he has played a pivotal role in improving the lives of patients around the world through the transformation of healthcare delivery. In order to select and recommend the best candidate for the next CEO, the Nominating Committee engaged a leading executive search firm and formed an Advisory Search Committee in November 2024. After a comprehensive and rigorous search process, Olympus determined that Bob is the ideal leader among a strong pool of internal and external candidates. Bob possesses the skill set necessary to guide the next phase of Olympus' transformation, including quality and regulatory initiatives. Bob holds a bachelor’s degree in marketing from Cleveland State University and an MBA in finance from Case Western Reserve University, USA. He currently resides in Colorado and will be located in Olympus global headquarters in Tokyo, with his wife.About OlympusAt Olympus, we are committed to Our Purpose of making people’s lives healthier, safer and more fulfilling. As a global medical technology company, we partner with healthcare professionals to provide innovative solutions and services for early detection, diagnosis and minimally invasive treatment, aiming to improve patient outcomes by elevating the standard of care in targeted disease states. For more than 100 years, Olympus has pursued a goal of contributing to society by producing products designed with the purpose of delivering optimal outcomes for its customers around the world. For more information, visit https://www.olympus-global.com/ and follow our global X account: @Olympus_Corp. Media contact:Mail: Global-Public_Relations@olympus.comOlympus Corp [TYO: 7733] [ADR: OLYMY] [STU: OLY1] [FRA: OLYS] https://www.olympus-global.com Copyright 2025 JCN Newswire via SeaPRwire.com.

TOKYO, Apr 25, 2025 - (JCN Newswire via SeaPRwire.com) - DENSO, a leading mobility supplier, today announced global financial results for its 2025 fiscal year, ending March 31, 2025:Consolidated revenue totaled 7,161.8 billion yen (US$47.9 billion), a 0.2 percent increase from the previous year.Consolidated operating profit totaled 519.0 billion yen (US$3.5 billion), a 36.4 percent increase from the previous year.Consolidated profit attributable to owners of the parent company totaled 419.1 billion yen(US$2.8 billion), a 34.0 percent increase from the previous year.“Despite lower vehicle production volumes in Asia and suspensions of operations by Japanese customers, revenue increased compared to the previous year thanks in part to yen depreciation, which boosted our performance overall. Operating profit increased compared to the previous year as well through foreign exchange gains and cost management efforts, helping us overcome lower production volumes and increasing parts and material costs.” said Yasushi Matsui, CFO, Executive Vice President and member of the Board of Directors of DENSO CORPORATION. “In the next fiscal year, we forecast revenue to slightly decrease to 7,050.0 billion yen (US$47.2 billion), reflecting conversion differences caused by the precondition of a stronger yen. We forecast operating profit, however, to rise to 675.0 billion yen (US$4.5 billion) and operating profit margin to be 9.6%. To reach these targets, we will continue to manage increasing parts costs and foreign exchange losses, and leverage business improvement activities to exceed potential market challenges. The annual dividend for the concluded fiscal year is 64 yen, with DOE up to 3.5%. The forecast for the next fiscal year is 64 yen, same as the 2025 fiscal year. We continue to strive to improve the DOE level in a long-term and stable manner.”In Japan, revenue increased to 4,216.4 billion yen (US$28.2 billion), up 1.2% from the previous year, and operating profit increased to 220.5 billion yen (US$1,475.4 million), up 158.9% from the previous year.In North America, revenue increased to 1,863.2 billion yen (US$12.5 billion), up 5.4% from the previous year, and operating profit increased to 98.1 billion yen (US$656.0 million), up 79.8% from the previous year.In Europe, revenue decreased to 718.7 billion yen (US$4.8 billion), down 8.0% from the previous year, and operating profit decreased to 8.7 billion yen (US$57.9 million), down 72.1% from the previous year.In Asia, revenue decreased to 1,940.1 billion yen (US$13.0 billion), down 2.3% from the previous year and operating profit decreased to 169.5 billion yen (US$1,133.7 million), down 8.1% from the previous year.In other areas, revenue increased to 119.0 billion yen (US$0.8 billion), up 3.3% from the previous year, and operating profit decreased to 22.3 billion yen (US$149.0 million), down 10.1% from the previous year.Forecast for Fiscal Year Ending March 31, 2026Revenue 7,050.0 billion yen[US$47.2 billion] -111.8 billion yen(-1.6 percent) Operating profit 675.0 billion yen[US$4.5 billion] +156.0 billion yen(+30.1 percent) Profit before profit taxes 743.0 billion yen[US$5.0 billion] +165.0 billion yen(+28.5 percent) Profit attributable to owners of the parent company 515.0 billion yen[US$3.4 billion] +95.9 billion yen(+22.9 percent) ROE 10.6% +2.6%pt(Notes)The above forecasts are created based on information obtained by the date of this announcement and the actual results may differ due to various causes in the future. U.S. dollar amounts have been translated, for convenience only, at the rate of 149.48yen = US$1, the approximate exchange rate prevailing in the Tokyo Foreign Exchange Market on March 31, 2025. Like in the U.S. billion is used in the sense of one thousand million. Foreign exchange rates of the Forecast for Fiscal Year Ending March 31, 2026, as a precondition are US$=145.0yen, Euro=160.0yen, CNY=20.0yen.About DENSO CORPORATIONGlobally headquartered in Kariya, Japan, DENSO is a $47.9 billion leading mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in around 180 facilities worldwide to provide opportunities for rewarding careers and to produce cutting-edge electrification, powertrain, thermal and mobility electronics products, among others, that change how the world moves. In developing such solutions, the company’s 158,000 global employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. DENSO spent around 8.6 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2025. For more information about DENSO’s operations worldwide, visit https://www.denso.com/global. Copyright 2025 JCN Newswire via SeaPRwire.com.

KARIYA, JAPAN, Apr 24, 2025 - (JCN Newswire via SeaPRwire.com) - DENSO CORPORATION and DELPHY GROEP BV have signed a Memorandum of Understanding (MOU) aimed at developing and promoting data-driven smart horticulture(1).From left: DELPHY GROEP BV Managing Partner Horticulture Aad van den Berg,DENSO CORPORATION Food Value Chain Business Development Division Executive Officer Yasushi MukaiRecently, the instability of agricultural production caused by factors such as climate change and the decline in the farming population, as well as the resulting food shortages has become pressing issues. Under these circumstances, there is a global need to enable anyone a stable, sustainable agricultural production, anytime, in any environment.DENSO has been engaged in the horticultural business by leveraging technology developed in the automotive sector. By developing environmental control systems and greenhouses for horticulture, as well as harvest robots(2), DENSO has continuously enhanced its sensing capabilities in greenhouse IoT and harvesting processes.DELPHY is a leading cultivation consulting company, staffed by numerous experts with extensive, long-term experience in cultivation support. The cultivation management software QMS(3) provided by DELPHY inputs climate data such as temperature and sunlight, along with crop data including fruit counts and weights, into a mathematical plant growth model. By using these data to plan cultivation, DELPHY has been assisting producers in achieving stable, long-term cultivation.By drawing on their respective strengths, DENSO and DELPHY have signed the MOU to begin exploring data-driven smart horticulture, which optimizes the cultivation environment and methods by consolidating and utilizing data essential for crop growth. The main initiatives are as follows:■ System Development to Achieve Stable Planned CultivationBy automatically collecting crop data—which growers have until now observed visually or measured by hand—through DENSO’s sensing technology, accuracy is enhanced. Furthermore, by entering this crop data into DELPHY ’s QMS, it becomes possible to improve the precision of cultivation planning. Subsequently, by leveraging that cultivation plan to control the greenhouse environment and provide instructions to workers or automated equipment, stable and planned cultivation can be achieved. The two companies will explore the development of a series of systems to realize this stable, planned cultivation.■ System Development for Cultivation Simulation under a Digital Twin(4) EnvironmentBy using DENSO’s digital twin technology, it becomes possible to recreate in three-dimensional data the plant structure that would result from cultivating based on the cultivation plan devised by DELPHY’s QMS. This enables analysis and prediction of crop growth in a digital twin environment even before actual cultivation takes place. Both companies will explore the development of a series of systems to realize these cultivation simulations.Based on the MOU, DENSO and DELPHY aim to interlink these two systems to realize data-driven smart horticulture by 2030. Together, the two companies will accelerate initiatives worldwide to achieve stable and sustainable agriculture.DENSO CORPORATIONFood Value Chain Business Development DivisionExecutive OfficerYasushi MukaiThrough our collaboration with DELPHY, we have taken a new step toward realizing innovative cultivation solutions that enable planned production by integrating our sensing and digital technologies with DELPHY’s cultivation know-how. We will continue to challenge ourselves to deliver safe and reliable food anytime, anywhere, and for everyone.DELPHY GROEP BVManaging Partner HorticultureAad van den BergThe road to autonomous crop cultivation requires new technologies for horticulture. On this road to economically sustainable horticulture, technologies from the automotive industry will make a major contribution. By integrating DENSO technologies with DELPHY's QMS Cultivation Management software, we can continue to contribute to this development. We make Growers better!*1Data-driven smart horticulture is a method of collecting horticultural data using sensors and IoT devices and optimizing the cultivation process through AI and big data analysis.*2 Please refer to the following URL for past announcements regarding the fully automated harvest robot Artemy®.https://www.denso.com/global/en/news/newsroom/2024/20240513-g01/*3 Please refer to the following URL for more information about the QMS.https://delphy.nl/en/services/data-driven-crop-management/*4 A Digital Twin is a technology that involves creating a “twin” within a digital virtual space using data gathered from the real world, enabling a wide range of simulations.About DENSO CORPORATIONDENSO is a global automotive parts manufacturer that provides advanced automotive technologies, systems, and products. Leveraging the core technologies it has developed through its experience in automotive components, DENSO is expanding the scope of its value offerings to include factory automation, food distribution, agriculture (Ag Tech), and more. Among these, in order to deliver safe and reliable food—essential to people’s daily lives—DENSO positions agriculture as an important business domain. Through automated harvesting using robots equipped with sensing technologies and through digital-based cultivation environment control, DENSO is working toward the industrialization of farms.https://www.denso.com/global/en/About DELPHY GROEP BVDELPHY is part of Royal Peterson Control Union Group. The Group provides TIC activities and helps businesses navigate complex challenges and drive long-term success in over 80 countries Within the Group DELPHY provides worldwide leading in expertise for food & flowers by knowledge driven services in agriculture and horticulture as research & development, consultancy and projects, dedicated to advancing global food & flower production.https://delphy.nl/ Copyright 2025 JCN Newswire via SeaPRwire.com.