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.