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Olympus Linked to Yakuza?!

Discussion in 'Olympus Cameras' started by nueces snapper, Nov 19, 2011.

  1. nueces snapper

    nueces snapper Mu-43 All-Pro

  2. drizek

    drizek Mu-43 Veteran

    Aug 5, 2011
    So is this why they have been charging extra for lens hoods?

    Protection money.
    • Like Like x 3
  3. Iconindustries

    Iconindustries Mu-43 Hall of Famer

    Far out. The more they investigate the deeper the hole. Be sure your sin will find you out.
  4. JohnMetsn

    JohnMetsn Mu-43 Veteran

    I doubt there is any big Japanese company, which is not connected to Yakuza. On the other hand, this system is working like this for long and if you see the low rate of bankrupted companies in Japan - it's working well.
  5. Armanius

    Armanius Mu-43 All-Pro

    Feb 23, 2010
    +1 !!! :smile:
  6. nueces snapper

    nueces snapper Mu-43 All-Pro

    Well that's one way of looking at it. Guess we can't really get into it as it would devolve into a political discussion. Corruption is so insidious. It is a hydra-headed monster. Cut one off. Two grow back. It is very hard to be honest when your competitors are making money through theft and graft. Cheating breads more and more cheaters.
  7. Luke

    Luke Mu-43 Hall of Famer

    Jul 30, 2010
    Milwaukee, WI
    the word yakuza just sounds so much more cool than mafia.
  8. Jonathan F/2

    Jonathan F/2 Mu-43 Hall of Famer

    Aug 10, 2011
    Los Angeles, USA
    What's the big deal? Capitalism at it's core has been built on criminality. Japanese capitalism in comparison has been fairly mild. Western capitalism has indulged in slavery, genocide and the destruction of whole civilizations. :rolleyes: 
  9. dixeyk

    dixeyk Mu-43 Hall of Famer

    Aug 9, 2010

    EX-Olympus CEO Woodford categorically denies any links to Yakuza. Woodford goes onto state that he is enjoying his retirement and working on his ink.
    • Like Like x 4
  10. Ned

    Ned Mu-43 Legend

    Jul 18, 2010
    Alberta, Canada
    Honestly, that doesn't really sound good for the future of the Olympus camera division if Woodford takes over again...

    This is why I like having a traditional Japanese at the helm who will fight to keep a division like Olympus cameras, which is steeped in tradition, history, and legacy... even if it turns to troubled times, or doesn't show "super-fit" profit margins.
  11. Ned

    Ned Mu-43 Legend

    Jul 18, 2010
    Alberta, Canada
  12. dhazeghi

    dhazeghi Mu-43 Hall of Famer Subscribing Member

    Aug 6, 2010
    San Jose, CA
    If this sort of behavior were commonplace, you wouldn't be seeing Olympus in such trouble over these allegations.

    Fact is that what Olympus has done is clearly beyond the pale so far as investors, the Tokyo stock exchange and now even the Japanese authorities are concerned. Perhaps they are not alone in this behavior, but that doesn't seem to be helping them any.

  13. krugorg

    krugorg Mu-43 Hall of Famer

    Jul 18, 2011
    Minnesota USA
    When can I order the Yakuza tattoo / skin for my E-P3?

    I am thinking instead of rings for convictions, hits, or whatever, you could add a ring for every 1K images taken.
  14. GaryAyala

    GaryAyala Mu-43 Legend

    Jan 2, 2011
    I believe "super-fit" is used to describe operations not profits. As in no-fat, a lot of folks doing a lot of work.

    Woodford probably believes that keeping the company afloat by tossing overboard lesser productive parts is better than having it sink completely. He'll rationalize that once the ship is righted ... he can always bring back the camera division.

  15. GaryAyala

    GaryAyala Mu-43 Legend

    Jan 2, 2011
    After you lose a pinky or two.
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