If you’ve been following the Olympus scandal you’re probably aware that things aren’t going well for the company. Olympus heads made some unethical and illegal decisions that may even tie in to the Yakuza and that’s not earning them a lot of friends right now.
Right now, Olympus needs to slim down and focus on what’s important. That means it’s time to sell off what they can and embrace what’s actually making money. The Olympus camera business has been losing money for years and there’s no indication that things are going to turn around which makes it prime for acquisition by a more successful rival.
Of course, we all know Olympus as a consumer camera company, so where are they going to get their money? Endoscopes. You know, those cameras that doctors shove down your throat or elsewhere to get a good look at your insides. Olympus practically owns the entire business.
