Fujifilm Will Acquisition of Olympus?

Admin | Bussiness | December 28, 2011

Tokyo – The scandal that hit the Olympus is still a warm conversation. In the midst of news that comes from Olympus, tucked rumors that a Japanese camera companies (Olympus) will be swallowed up by competitors (Fujifilm).

Fujifilm is rumored to be buyers of Olympus. This rumor comes almost at the same time prepare Fujifilm Xerox to boost sales in Asian markets.

Reportedly, many small companies that looked at the Olympus, but Fujifilm is the candidate with the most potential buyers. Yet despite this widely heard rumors, CEO of Fujifilm‘s Shigetaka Komori did not want to clarify about the rumors.

Olympus must face hard times after the recognition of people who have embezzled funds in acquisitions over the decades. Olympus Corp. shares. even had preached plummeted by 20% in Tokyo trading.

Fujifilm Holdings was watching developments occurring Olympus Corp. scandal. But, this Japanese company said it was too early to invest on its competitors in the manufacture of endoscopy it.

Fujifilm A senior executive said in an interview on Monday (26/12).Fujifilm, camera and film maker who has been diversifying its business into the medical equipment and medicines, as well as Sony Corp. and Panasonic Corp. touted the newspaper last week as potential investors in Olympus.

The report said Olympus was looking for investors to fill the capital base by issuing preferred stock worth U.S. $ 1.3 billion.

“It is big business. That’s for sure,” said Kouichi Tamai, head units Fujifilm medical system, when asked about the business a profitable division of Olympus endoscopes.

Olympus holds 70 percent of the market and the remainder held by flexible endoscopy and Hoya Corp. Fujifilm.

But he added, “Until we know what will happen to Olympus as a company, it will all be theoretical. So we do not know.”

Olympus, which has been admitted to hide investment losses in the transaction M & A (merger and acquisition), successfully met the deadline on December 14 earnings report and avoid automatic delisting.

However, Olympus could be delisted from the Tokyo exchange, if deemed false accounting was long tails.

Buyung Afrianto is Founder & CEO of Adverticom, Inc. "Advertorial | Clasifieds Search" web agency founded in 2009. He deals with the development of web applications & advertising online. Interested in blogging & monetize, often conduct research about WordPress development for various online businesses.

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