Corporate History

May 1973 Established Hospital Service Corporation (Capital 2.5 million yen) to sell medical-related products
Jan 1981 Changed the company name to Japan Medical Dynamic Marketing, INC. (JMDM)
July 1981 Began sales of osteosynthesis materials as the exclusive sales agent of Ace Medical Company (USA) in Japan
Sep 1994 Acquired Ortho Development Corporation (USA) (hereinafter “ODEV”)
Jan 1996 Commenced sales of ODC Bipolar System, an artificial joint manufactured by ODEV
Jun 1997 Tsukui Plant certified for ISO9002
Dec 1998 Registered and went public as over-the-counter securities at the Japan Securities Dealers Association
Feb 2000 Began sales of spinal fusion devices manufactured by ODEV
Mar 2000 Listed on the Second Section of the Tokyo Stock Exchange
May 2001 Listed on the First Section of the Tokyo Stock Exchange
Jul 2004 Certified for ISO 13485 Medical devices – Quality management systems – Requirements for regulatory purposes
Jun 2007 Concluded an exclusive sales agreement with Johnson & Johnson K.K. Medical Company for osteosynthesis materials in Japan
Jul 2008 Concluded a capital and business alliance agreement with ITOCHU Corporation
Aug 2009 Concluded a new sales alliance agreement with Johnson & Johnson K.K. Medical Company for osteosynthesis materials and other products in Japan from January 2010
Aug 2009 Concluded a sales alliance agreement with Omic Corporation
Dec 2010 ODEV increased capital through shareholder allotment
Mar 2011 Concluded a sales alliance agreement with Nakashima Medical Co. Ltd. (now Teijin Nakashima Medical Co., Ltd.)
Mar 2012 Began sales of self-developed osteosynthesis materials in Japan
Jun 2012 Terminated the sales agreement for osteosynthesis materials with Johnson & Johnson K.K. Medical Company in Japan
May 2016 Terminated a capital and business alliance agreement with ITOCHU Corporation
May 2016 Concluded a capital and business alliance agreement with NGK SPARK PLUG CO., LTD.
Jun 2018 ODEV increased capital through shareholder allotment
Oct 2018 ODEV concluded a sales alliance agreement for “KASM” with DePuy Synthes Sales, Inc.
Jun 2020 ODEV concluded an exclusive sales alliance agreement with Changzhou Waston Medical Appliance Co. Limited (hereinafter “WASTON”).
Feb 2021 ODEV concluded an agreement with WASTON to establish Changzhou Waston Ortho Medical Appliance Co., Limited, a joint venture company in China.
Jan 2022 Terminated a capital and business alliance agreement with NGK SPARK PLUG CO., LTD.
Jan 2022 Concluded a capital and business alliance agreement with Mitsui Chemicals, Inc.
Apr 2022 Moved from the First Section of the Tokyo Stock Exchange to the Prime Market due to a review of the Tokyo Stock Exchange’s market divisions.