Toyo Keizai’s Japan Company Handbook Industry Map published the latest financial numbers for OM Digital Solutions (the company behind OM System). You can find the recap here: OM Digital Solutions financial report: sales flatlined, operating loss widened, mirrorless volume slipped
The latest issue of Nikkei Financial Quarterly Report indicates that OM System continues to be in the red in 2024, with sales of 36.6 billion yen and operating profit of -1.2 billion yen:
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 […]