Olympus yearly financial results are out: Imaging Business lost $157 million, revenue down 19%

• 6 years ago
• Categories: Olympus
• Tags: financial results, Olympus bad financial results

Olympus published its latest financial results for the fiscal year ended on March 31st, 2019. Here are the details for the Imaging Business:

• revenue: - 19%
• mirrorless: -23%
• compacts: -18%
• other (?): +14%
• operating loss: ¥17.1 billion (around $157 million)

The forecast for fiscal 2020 doesn't look much better - the Imagin Business is expected to lose money again:

For their 100th anniversary Olympus released this short video documentary (see also this website):

https://www.youtube.com/watch?v=B2MsEnZkt0c