OM Digital Solutions (the company behind OM System) is privately held, so it does not publish its financial reports. The numbers in this post come from Toyo Keizai’s Japan Company Handbook Industry Map. OM Digital Solutions continues to operate in the red for 2025, with sales plateauing after a few years of steady growth. Here […]
Olympus released their latest financial results and posted operating loss of 44.7 billion yen mainly due to expenses related to the divestiture of the Imaging business:
We already knew that Olympus Imaging’s cumulative operating losses during the last twelve years totaled ¥103bn. That’s $1.2bn. Last week Olympus published their consolidated financial results for the second quarter of FY2021 (July – September 2020). Included in this reporting is the forecast of the FY2021 loss from the soon to be divested Imaging Business, now considered […]
After Sony reported more than 50% drop in camera sales, today Olympus released their Q1 financial report: Revenue is down 40% YoY Operating loss: ¥2.7 billion The full report can be found here. The latest Canon Q2 financial results for the Imaging Division were also down – sales: -30.8%, profit: -93.8%. Nikon’s Q1 financial results will […]
A reader sent me a link to an article from the Spanish newspaper la Vanguardia discussing the future of Olympus. Here is a quote:
While Olympus is pretending that what happened is not a big deal at all with statements like this: “We believe this is the right step to preserve the legacy of the brand, the value of the technologies and the outstanding products. Olympus sees this transfer as an opportunity to enable its Imaging business to continue […]
I took a lot of heat from fanboys when I reported last year that Olympus will exit the camera business (feel free to read some of the comments to this post). After years of bad financial results and bad publicity, today Olympus announced that they will sell their camera business by the end of the year. […]
Olympus published their financial results for the fiscal year ended March 31, 2020. Here is the information for the Imaging Division:
Several news outlets report that Olympus is exiting the camera business in Korea:
Olympus released their Q3 financial results. Imaging Division revenue is down by another 9% and the 2020 forecast has been furhter revised downward (see previous Olympus financial results):
