Olympus losing market share, Sony reports worst loss in 16 years

Here are the latest financial results from Olympus and they don't look that good. Net sales are down 4.1%, net income dropped 84.5% compared to 2010. Here are the details for the imaging division:

Fiscal year Market volume
(In millions)
Olympus camera sales
(In millions)
Olympus Market Share
05/06 67,2 8,4 12.5%
06/07 81,5 9,6 11.8%
07/08 106,3 11,3 10.6%
08/09 112,8 10,0 8.9%
09/10 113,6 9,0 7.9%
10/11 121,5 8,1 6.7%

Sales by region:

Region Change in sales year
10/11 compared to 10/09
Japan -5.50%
North America -36.20%
Europe -29.90%
Asia / Oceania -24.40%
Other -4.30%
Total -24.90%

Sales and operating income for Olympus imaging division:

The full Olympus financial reports is available here.

Sony reported the worst loss in 16 years: $3.2 billion for their fiscal year ending March 2011. The complete Sony reports are available here.

In comparison, Nikon was able to show an increased sales and income in 2011.

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