Preview

Terumo Corporation: Leading Medical Devices and Healthcare Management Products Manufacturer

Best Essays
Open Document
Open Document
4284 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Terumo Corporation: Leading Medical Devices and Healthcare Management Products Manufacturer
INTRODUCTION

Terumo Corporation is a leading medical devices and healthcare management products manufacturer headquartered in Japan, with a global network spanning across Europe, Asia,
Africa, the Americas and the Middle East. Founded with the aim of designing and making superior thermometers, Terumo has always been committed to contributing to society by helping to provide better healthcare through high quality and innovative medical technology.
The objective of this essay is to obtain an understanding of the microeconomic and macroeconomic aspects of the company, and to identify the factors that may influence, and the economic issues that may be pertinent, to the same. For the purpose of this essay, and for the ease of analysis, the company has been treated as being Japanese, with the related microeconomic and macroeconomic data used in the analysis being focused mainly on
Japan.

1

1 . T erumo Corporation: A Microeconomic Analysis
1 .1 O verview of Company
Terumo Corporation, founded in 1921 by Dr. Shibasaburo Kitasato, is a company that functions mainly in four sectors, namely hospital products, cardiac & vascular, blood system and consumer healthcare1, the last of which was merged with the general hospital sector in April
2012. Though the company originally dealt in the design and manufacture of thermometers, it is now an active player in the manufacture and sales of medical equipment, devices and products, such as pharmaceuticals, blood bags, disposable medical devices, cardiovascular equipment and medical monitoring systems2.
Number of Employees
Net Sales
Corporate Stock
Capital Stock

18112 (Consolidated)
386.7 billion yen (for FYE Mar. 2012)
First section of the Tokyo Stock Exchange (Code: 4543)
38.7 billion yen

Corporate Profile. [Online]. (URL http://www.terumo.com/about/profile.html). 2012, March 31.

1 .2 O verview of Industry & M arket S hare
1 .2.1. Overview by Business Segment 3
Cardiac & Vascular

You May Also Find These Documents Helpful

  • Good Essays

    Texas Midterm Exam

    • 357 Words
    • 2 Pages

    Please respond to the following questions in a cohesive essay. Save your document and submit it to Safe Assign. Your answer needs to be in your own words. The midterm is due tomorrow by midnight.…

    • 357 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Phi 350 Metaphysics

    • 301 Words
    • 2 Pages

    Please write a 1250-1500 word essay in response to the prompt stated below. In writing…

    • 301 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Iowa Speedway

    • 299 Words
    • 2 Pages

    In order to consider the economic life, these are the following two points taken into consideration -…

    • 299 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Ap Biology Chapter 4-6

    • 1166 Words
    • 5 Pages

    Each ‘essay’ question is to be answered by at least 2-3 paragraphs of 3-5 sentences…

    • 1166 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Read the case study below and write an essay analysing the situation in light of…

    • 440 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Introduction: Outline the chosen topic, identify why it has been chosen and state its current effect…

    • 381 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Hcs/531 Week 1 Term Paper

    • 847 Words
    • 4 Pages

    • There are 3 reasons that hospitals merged or consolidated and they are: drawing on the strengths of the other facility, seek help with struggling finances, and the gain of a demographic advantage that makes it more convenient for patients to travel to (healthcarefinancenews.com, 2013). This would impact the hospital by helping those hospitals struggling to make it financially (healthcarefinancenews.com, 2013). Capital needs and technology needs are assisted with merging into a bigger system (healthcarefinancenews.com, 2013). This also allows for a rise in accountable care organizations amongst merging…

    • 847 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    La Jolla Memo

    • 871 Words
    • 7 Pages

    true to our company culture with respect for Japanese customs. The successful completion of this…

    • 871 Words
    • 7 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Be sure to address, for your country or product, any issues related to your home or host country's political, legal or economic situation.…

    • 566 Words
    • 3 Pages
    Satisfactory Essays
  • Best Essays

    3) Body of the paper - your three major points. Here you present the information you have collected, state the purpose of the topic, and assess its impact on the different economic actors. Various sources should be used and clearly listed.…

    • 1133 Words
    • 5 Pages
    Best Essays
  • Satisfactory Essays

    Your essay is due at the end of the fourth class period after assigned. You will be given…

    • 413 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Nursing Shortage

    • 1638 Words
    • 7 Pages

    scenario, some economic output of the issue, what policies were made in past and some…

    • 1638 Words
    • 7 Pages
    Powerful Essays
  • Best Essays

    One means of analyzing the issue is through an economic perspective. As economics is the study…

    • 2911 Words
    • 12 Pages
    Best Essays
  • Powerful Essays

    Cemex

    • 2590 Words
    • 11 Pages

    In conclusion, the paper presents an assessment of the intrinsic value of Cemex and a…

    • 2590 Words
    • 11 Pages
    Powerful Essays
  • Satisfactory Essays

    Philips

    • 379 Words
    • 2 Pages

    11. The other primary activities in the internal value chain of Philips Healthcare are their inbound logistics, operations, outbound logistics, marketing & sales and services. The inbound logistics of Philips healthcare are pretty simple, they have to acquire materials as steel to produce the products. In operations the manufacturing isn’t very flexible, because efficiency is very important in the healthcare industry.( http://www.espicom.com/prodcat2.nsf/Product_ID_Lookup/00000179?OpenDocument, 2012) The selling of the product is more difficult, because individual clients won’t need a x-ray based healthcare product. This means that Philips Healthcare has to sell their products to professional clients such as hospitals. To reach this clients Philips Healthcare uses social media and professional healthcare websites as getinsidehelp.com. To get the products to the professional clients there have to be individual shipping per order of a product. The services Philips Healthcare offers after selling the product are support in the case the product doesn’t work as it should be. Philips healthcare also offers training sessions on how to use the products and how to maintain the…

    • 379 Words
    • 2 Pages
    Satisfactory Essays