Olympus managed to present their revised financial results tot he Tokyo Exchange. This will avoid the delisting of the company from the stock exchange. Reuters reports: “The most recent restatement, for end-March 2011, showed a 51 billion yen ($655 million) reduction in Olympus’ net assets, and Olympus added that at of end-September, net assets stood at just 46 billion yen, down from a restated 225 billion in March 2007. It also revealed a net loss of 32.33 billion yen for the six months ended September 30, further fuelling talk that the once-venerable firm would need to take quick steps to shore up its balance sheet or risk becoming prey to a takeover.”
Also Bloomberg (Click here) reports that: “Fujifilm, which makes equipment for medical scans, has been reported as a possible bidder for Japanese camera maker Olympus Corp. Yamamoto, who also is a board member at Fujifilm, declined to comment on a possible buyout of Olympus today. Fujifilm Chief Executive Officer Shigetaka Komori said last month it was too early to discuss Olympus issues while the third-party panel was still probing the fraud at the camera maker.”
So Samsung, Hoya and now even Fuji could buy Olympus. Damn, this is going to be a tuff time for Olympus! I hope they will stay alive with their own force! I would prefer a Fuji-Olympus partnership over a Fuji Olympus takeover. Imagine a m43 camera with organic sensor :) Yeah just dreaming I know :)