Olympus are currently undergoing losses in the digital camera segment. They will work to trim costs through joint parts procurement and product shipments with the capital tie-up partner Sony Corp. The segment is expected to incur a 5 billion Yen operating loss for the year ending March 31, 2014. But by cutting the inventory of compact cameras and increasing shipments of lucrative interchangeable lens mirrorless cameras, the company hopes to gain a profit in fiscal 2014.
Olympus Corp. has also decided to increase endoscopy production capacity by 30% by early fiscal 2016. Bouncing back from a 2011 accounting scandal and making headway on streamlining unprofitable businesses, the company intends to concentrate investment in endoscopes, a topearning business in which it boasts a 70% global market share, with an eye on broadening its presence in emerging markets.
