Olympus Financials - looking good!

tkbslc

Mu-43 Legend
Joined
Feb 6, 2015
Messages
7,668
Location
Salt Lake City, UT, USA
1Q financials released: http://www.olympus-global.com/en/common/pdf/brief148PA_2.pdf

Key points from the imaging business:

Mirrorless camera sales up 26%, including 16% increase in U.S and ~100% increase in Japan!

3 billion Yen change in Operating Income from imaging (From -2 billion to +1 billion)
16 billion Yen Net income overall (+100% from last year)

Very good news for the system and Olympus:

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felipegeek

Mu-43 Enthusiast
Joined
Jan 8, 2014
Messages
370
Location
New York, NY
Real Name
Felipe
That is great news. It sure makes it easier to do R&D when they are generating a profit. We really need to evangelize the platform. I'm often showing off the E-M5 and talking about the system to people that see me with the camera. It usually starts with "Is that a film camera?" but sometimes it's a pro or other DSLR user that's inquiring about it. I hope it at least embeds something in their neurons so when they start shopping and see an Olympus camera they might lean toward it.
 

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