Imaging: Operating loss due to expenses associated with transitioning manufacturing to Vietnam and intensifying competition Consolidated revenue in the Imaging Business amounted to ¥48,679 million (down 19.3% year on year), while operating loss amounted to ¥18,268 million (compared with an operating loss of ¥1,200 million in the previous fiscal year). The Imaging Business’s revenue declined […]
2018 has been an exciting year for mirrorless camera fans, but m43 seems to be hurting from the competition. The release of cameras like the Fujifilm X-T2, Sony a7III, and a7RIII have put the squeeze on smaller sensor cameras and it might get worse if the rumored price reductions come to fruition with Nikon and […]
After the accounting scandal in 2011 Olympus is continuing to improve their financial result – today their stock is priced about 8x higher than the lows of 2011. From Bloomberg: Five years ago, Olympus Corp. was caught up in the oddest of corporate scandals. Its then-CEO, Michael Woodford, uncovered an accounting scandal at the company that […]
Olympus released their 2016 fiscal year financial results: http://www.amateurphotographer.co.uk/latest/photo-news/olympus-cuts-camera-division-losses-82-75017
Panasonic released their fiscal 2016 financial results.