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Fujifilm establishes a subsidiary in Vietnam — Reinforcing the expansion of medical product sales in the Vietnamese market

September 21, 2011

FUJIFILM Corporation (President and CEO: Shigetaka Komori) announced today that it has established FUJIFILM MEDICAL SYSTEMS VIETNAM Co., Ltd. in Ho Chi Minh City, Socialist Republic of Vietnam (“Vietnam” hereinafter) to further expand its medical business in the fast-growing economy of Vietnam. Preparation is currently underway to launch business operation in October 2011.

Having achieved the economic growth of 7 to 8% per annum over the last few years, Vietnam has emerged as one of the marketplaces that are expected to maintain strong growth. In the medical field in particular, the Vietnamese government has been promoting the construction of medical institutions, with the aim of improving the quality of medical care in the country. This is expected to bring a substantial growth also in the medical product market.
Fujifilm has worked through local distributors to expand the sales of medical products, such as digital diagnostic X-ray imaging systems, X-ray films and endoscopes, in the Vietnamese market. With the expansion of the market, the company has decided to set up a local subsidiary in Ho Chi Minh City to further reinforce the sales of such products.
By setting up FUJIFILM MEDICAL SYSTEMS VIETNAM, Fujifilm will establish a direct selling system that would meet the diverse needs of the market and will enhance rapid and direct execution of our marketing strategy. The new subsidiary will also promote the introduction of picture archiving and communications systems (SYNAPSE) whose market is expected to grow, along with digital diagnostic X-ray imaging systems and endoscopes, by conducting sales and marketing activities which correspond with the needs from the market. Moreover, it will reinforce its post-sales service framework and deliver swift, value-added services to maximize its customer satisfaction.

With rapid growth expected in the Southeast Asian market, Fujifilm will strive to establish itself as the leading company in the medical field, while contributing to improve the quality and efficiency of medical care, promoting the maintenance of good health and enhancing the quality of life among the local population.

< Overview of the Vietnamese subsidiary >

(2) Location Ho Chi Minh City, Vietnam
(3) Representative Taisuke Tarumi
(4) Paid-in capital 1,500,000 Singapore dollar
(5) Business description Import, marketing, maintenance of medical products and service
(6) Number of employees 11 persons

For enquiries on information in this media release, contact:

Media Contact:
FUJIFILM Corporation
Corporate Public Relations Division
TEL: +81-3-6271-2000
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