Setting its Sights on Future Growth
Singapore is strengthening its reputation as a regional partner for Japanese Corporations. Topcon Corporation, a leading Japanese ophthalmic and optometric instruments manufacturer has recently established a collaboration with Institute for Infocomm Research (I2R), a member of the Agency for Science, Technology and Research’s (A*STAR).
The joint laboratory, ATLANTIA (Advanced Technological Laboratory for A*STAR and Topcon’s Innovative Alliance) has been established to develop advanced technologies to better detect major eye disorders and diseases in the early stages.
“Our collaboration with I2R will support the fight against blindness in Singapore,” says Satoshi Hirano, President and Chief Executive Officer of Topcon Corporation. “Our technologies will lead to early detection and diagnosis of eye diseases such as glaucoma, myopia and age-related macular degeneration.”
“Early detection of eye diseases such as glaucoma, myopia and age-related macular degeneration can potentially reduce healthcare costs as well as prevent or reduce the patient’s pain and suffering. We are very happy to work with Topcon Corporation to develop a wide spectrum of capabilities to help detect these common eye ailments before they deteriorate and cause loss of sight,” says Dr. Tan Geok Leng, Executive Director of I2R.
ATLANTIA will make use of Topcon’s Swept Source Optical Coherence Tomography (OCT). As a revolutionary imaging technology, OCT enables eye doctors to view cross-sections of the eye and determine the underlying cause of disease.
Satoshi Hirano, President & CEO, Topcon Corporation
“We are committed to working with our partners in Singapore and are excited about our collaboration with I2R and the contributions we can make to Singaporean society”, says Hirano. “Singapore offers a highly skilled workforce and is an excellent location to do business throughout the region. Our unique technologies will enable us to provide a broad range of solutions to our customers in Singapore and the surrounding region.” Topcon was the first company to commercialize 3D optical coherence tomography integrating OCT and non-mydriatic retinal cameras. While the company’s recent developments in Singapore are related to its eye care business, the company’s main business unit is Smart Infrastructure through its market leading Robotic Total Stations.
Through it’s positioning business unit, the company also introduced the Plan Nutrition Sensor CropSpec, the world’s first real time solution to enable farm operators to monitor crop conditions and manage fertilizer requirements desirable for crop growth.
“In addition to the growth of our eye care business in Singapore, we see opportunity to develop our Positioning and Smart Infrastructure business throughout the emerging markets of Southeast Asia”, says Hirano.
With fifty offices around the world and international sales accounting for seventy-five percent of the company’s total net sales, Hirano is confident about Topcon’s long-term international strategy.
“We intend to achieve growth of twenty percent return on equity by 2015 by strengthening our core business, developing and launching new products, capitalizing on our highly skilled global workforce and building long-term international partnerships”.