It is reported that Olympus and Sony will enter into the final negotiation for the financial tie-up which Olympus has been considering in order to raise the equity ratio to about 10% from the current 4.6%, and to strengthen its digital camera business.
The decision is expected to be finalised next month. Industry watchers see Panasonic and Sony as the most likely candidates for restructuring the D-cam business since both companies are strong in the image sensor technology. Panasonic, in particular has been considered the best choice for Olympus as they have been cooperating in developing the Micro Four Thirds mirrorless lens interchangeable camera system. Sony will invest approximately 50 billion yen (US$625 M) to become the top shareholder of Olympus holding about 10% of the issues shares. If the negotiation with Sony goes unsuccessful, Olympus may negotiate with Terumo, with which Olympus has a financial relationship.
