OLYMPUS VIETNAM COMPANY LIMITED

OLYMPUS VIETNAM COMPANY LIMITED: Financial Performance, Operations, and Business Outlook

OLYMPUS VIETNAM COMPANY LIMITED is a foreign-invested manufacturing enterprise operating in Vietnam’s high-precision and medical equipment supply chain. Established in October 2007 and located in Long Thanh Industrial Park, Dong Nai Province, the company specializes in the manufacture of optical instruments, photographic equipment, and accessories for medical imaging systems. After more than 18 years of continuous operation, the company remains active and plays an important role in Vietnam’s FDI manufacturing landscape.

Company Profile and Legal Structure

OLYMPUS VIETNAM COMPANY LIMITED is a one-member limited liability company with 100% foreign ownership, wholly held by Olympus Corporation (Japan). The company is registered under Business ID / TIN: 3600939069 and operates with a charter capital of approximately USD 18.67 million, of which USD 17.29 million had been paid up as of March 31, 2024.

The company employs around 1,700 workers, reflecting a large-scale manufacturing footprint in southern Vietnam. Its General Director is Nitta K., a Japanese national, supported by a Vietnamese Chief Accountant.

Core Business Activities

The company’s core operations focus on:

• Manufacturing accessories for medical imaging equipment

• Producing optical instruments and photographic equipment

• Manufacturing selected consumer electronics and medical devices

These activities position Olympus Vietnam as an integral production base supporting global medical and optical technology supply chains, particularly for export-oriented manufacturing.

Financial Performance and Growth Trends

According to the latest audited financial data (fiscal year ending March 31), Olympus Vietnam reported a notable recovery in 2023 following weaker performance in prior years.

Key financial highlights include:

• Total assets: USD 86.9 million, up 7.42% year-on-year

• Total sales: USD 84.86 million, increasing sharply by 50.96%

• Owner’s equity: USD 72.29 million, up 6.23%

• Profit after tax: USD 2.47 million, marking a strong rebound from near-break-even results in 2022

The sharp improvement in profitability and revenue growth indicates operational stabilization and stronger demand recovery, particularly in medical and optical equipment manufacturing. Despite asset contraction during 2021–2022, the company’s 2023 figures reflect renewed growth momentum.

Ownership and Risk Considerations

With 100% ownership by Olympus Corporation (Japan), the company benefits from strong parental backing, technological expertise, and access to global markets. However, its financial performance remains sensitive to:

• Global demand cycles in medical and optical equipment

• Exchange-rate fluctuations (JPY–VND–USD)

• Supply-chain disruptions affecting high-precision manufacturing

Working capital remains solid at nearly USD 33 million, supporting day-to-day operations and liquidity needs.

Business Transparency and Due Diligence

For investors, suppliers, lenders, and partners seeking deeper insight into Olympus Vietnam or similar FDI manufacturers in Vietnam, Vanguard Business Information LLC provides comprehensive business intelligence services. These include:

• Detailed company profile reports

• Financial and credit risk analysis

• Ownership and directorship verification

• Due diligence and compliance screening

Such services are essential for assessing financial health, operational stability, and counterparty risk in Vietnam’s manufacturing sector.

Conclusion

OLYMPUS VIETNAM COMPANY LIMITED stands out as a large-scale, export-oriented FDI manufacturer with a strong recovery in financial performance in 2023. Backed by a global Japanese parent group and operating in high-value manufacturing segments, the company remains a significant player in Vietnam’s industrial ecosystem. Continued monitoring of its financial trends and market exposure is recommended for stakeholders engaged in trade, finance, or long-term partnerships.