- Jan 24, 2010
- Portland, Oregon USA
- Real Name
- Dan Ferrall
You are the one who made the assertion that they have "always" predicted a profit each year. It is up to you to prove your assertion with evidence, not my responsibility to disprove the statements you have posted. Whenever someone sidesteps a question with "Don't be lazy.", an alarm goes off that gives telling insight regarding the validity of the assertion made.If you have a specific link to support your assertion, please post the link. If not, I'll assume you can't truly support your position.
I never suggested, stated, or implied that Olympus forecast anything with the exception of the most recent prediction they made about a return to profitability in the imaging division. You are the one making the assertions about Olympus forecasting positions. In addition, you are ignoring the difference between a corporate "forecast" and a "target."Let me give you just one example. This is from the presentation of March 2012 results forecasting a profit to March 2013 on sales of 149bn yen.
Now in the event - actual sales were 108bn (so they missed their sales forecast by 30%) and the business lost 23.1bn - so they missed their profit forecast by US$250m. Now if they are forecasting a profit for a year they reported record losses, it wont really surprise you that they also always forecast a profit when losses werent so heroically bad. Anyway you have data goin g back to 2008 there so, you have plenty of opportunities to show me that Olympus ever forecast the imaging division to make a loss in the 'next financial year'. Good luck.