On 21 April 2006, Her Majesty The Queen approved the Prime minister's recommendation that a Queen's Award for Enterprise be conferred on two Japanese companies in the International Trade category.
Olympus KeyMed received the Award in recognition of the company's success in deploying the commercial excellence gained within its UK domestic business to other international markets, resulting in impressive performance improvements. This achievement marked the second time that Olympus KeyMed had been honoured in this way, as two years previously the company had been given the Award in the Sustainable Development category . The company, which employs over 1200 people, is now one of Britain's largest suppliers of medical and industrial specialist equipment. It leads the market for flexible medical endoscopes, accounts for 25-30% of the market for rigid endoscopic surgery products and enjoys a 55% share of the industrial endoscopy market.
Michael Woodford MBE, Group Managing Director, expressed his delight at the company's achievement - not once, but twice: "It is rewarding that the culture and ethos of the organisation and its people, which is at the heart of our success, has been recognised in this way."