Olympus Corp. announced a net profit of 8.1 billion Yen for the April-June 2014 period, a record high for this particular quarter. For the same period in 2013, the company had suffered a loss of 1.8 billion Yen. Sales rose 5% year-on-year to 167 billion Yen, and operating profit went up by 84% to 15 billion Yen. A good performance by the Medical business pushed up sales and profit.
Sales of the Imaging product segment dropped by 20.5% to 19.8 billion Yen, and the operating loss was 2.2 billion Yen. This was mainly due to increased promotional expenses for mirrorless models and B-to-B operations. Sales of mirrorless models rose by 22% to 11.1 billion Yen, while compact model sales dropped by 78% to 5.1 billion Yen. Sales in Europe rose 70% centering on OM-D series, in the Americas they rose by 10%. In Asia, the sales were slow. Interchangeable lens sales increased by 40% and the company will boost their professionaluse interchangeable lens line-up from the second quarter.
