Speculation over a sale is only the latest chapter of the Olympus financial scandal saga. The company has been struggling to keep its stock listed while determining what to do with its sullied board, and more importantly what to do about the $1.1 billion missing from its balance sheet.
And when a company is having money and image problems, acquisition almost immediately comes to mind. While initially smaller firms seemed interested in the potential sale, new details suggest that Fujifilm is considering buying Olympus. According to Bloomberg, “Fujifilm, which makes equipment for medical scans, has been reported as a possible bidder for Japanese camera maker Olympus.” However, Fujifilm CEO Shigetaka Komori recently said it’s premature to talk about such an acquisition.
Can you imagine what may come of a union between Fujifilm and Olympus? The first triumph today so coveted models as small X100 and X10 . Second, despite the negligence of its operators, an entire photo industry giant, a company that has contributed most technologically speaking and systems driving four thirds and micro four thirds .
While rumors happen the only reality is that today marked the deadline given by the Tokyo Stock Exchange to Olympus to present reports on the numbers of the business. In the absence of formal confirmation appears that itself has been able to meet the deadline and now everything would be waiting for the approval body or to the accounts. In the worst Olympus could leave to go public and that would, without doubt, the tipping point needed to be put on sale the photographic division.