- Messages
- 779
- Reaction score
- 34
- # of dives
- 500 - 999
You would think the "real worth" of the company would be determined by sales, profits, and other objective measures. In Japan, things are different. A venerable company like Olympus (92 years old) which has lots of employees has special worth to the government and the people, beyond financial metrics. The government, other companies and banks will cooperate with such a respected company more than you can imagine. Despite great wrongdoing, the company has been given time to work things out in a socially beneficial way.
I would expect Olympus to ally financially with one or two other Japanese companies to get capital to resolve this issue. Sony and Panasonic are the two players most often mentioned. A prospective ally might benefit from access to Olympus intellectual property, or to gain knowledge of the endoscope business in which Olympus is highly successful. Olympus will survive, but there may be a major change of direction toward the medical side. I'm still waiting to see what will happen to the camera side of the business.
I would expect Olympus to ally financially with one or two other Japanese companies to get capital to resolve this issue. Sony and Panasonic are the two players most often mentioned. A prospective ally might benefit from access to Olympus intellectual property, or to gain knowledge of the endoscope business in which Olympus is highly successful. Olympus will survive, but there may be a major change of direction toward the medical side. I'm still waiting to see what will happen to the camera side of the business.
