Michael Katani
Chief Financial Officer, Olympus Corporation
Replay available
Olympus Corp Ord (OTC: OCPNF) Q1 2027 earnings conference call, held 2026-08-07. Replay captured from the company's public earnings webcast.

Chief Financial Officer, Olympus Corporation
President, GI Endoscopy Business Unit, Americas
President & Chief Executive Officer, Olympus Corporation
President, Surgical Systems Division, Olympus Corporation
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WEBVTT 00:00:00.331 -- 00:00:04.672 Now we would like to move on to Q&A. 00:00:04.813 -- 00:00:07.334 My first question 00:00:07.334 -- 00:00:11.956 is about GI endoscopy doing very well in the United States. 00:00:11.956 -- 00:00:15.457 Eat off scope penetration 00:00:15.658 -- 00:00:21.721 for high-end customers. So what is the penetration rate, adoption rate? 00:00:21.721 -- 00:00:24.021 In other words, 00:00:24.903 -- 00:00:29.013 It's pretty strong in the first half, but do you think the trend will continue in the 00:00:29.013 -- 00:00:32.233 second half of the year? That's my first question. 00:00:32.233 -- 00:00:36.054 Thank you for the question, and I'll have Keith 00:00:36.295 -- 00:00:41.718 jump in here in a minute. But you're right to point out that our EDOF scope 00:00:41.718 -- 00:00:45.860 and our EVUS X1 adoption has been strong. 00:00:45.860 -- 00:00:50.983 We believe there's upside, continued upside to that penetration, 00:00:50.983 -- 00:00:54.164 not just in North America, but Keith, as the question was about North America, you want 00:00:54.164 -- 00:00:55.785 to talk about North America specifically? 00:00:55.785 -- 00:01:00.788 Yeah, look, EVAS X1 represents the leading edge of our innovation 00:01:00.788 -- 00:01:02.788 strategy. 00:01:03.050 -- 00:01:08.573 I would say in the U.S. we're still kind of early to mid innings in terms of our penetration 00:01:08.573 -- 00:01:12.795 rates. You know, 00:01:13.056 -- 00:01:18.259 EMEA and Japan are a little bit further along, but there's still multiple years of runway 00:01:18.259 -- 00:01:22.222 ahead in the United States, particularly as we extend the Edovscope family. 00:01:22.222 -- 00:01:25.363 Thank you. Okay, my second question. 00:01:44.572 -- 00:01:47.333 R&D expenditure 00:01:47.515 -- 00:0...