Olympus Financial results....

[hammer_400]

Check this link and the PDF.....

http://www.olympus.co.jp/en/corc/ir/index.cfm?ote=1

It looks like the Oly Imaging Division is doing better that what was let on.....

[serene]

Originally Posted by hammer_400 Check this link and the PDF..... http://www.olympus.co.jp/en/corc/ir/index.cfm?ote=1 It looks like the Oly Imaging Division is doing better that what was let on.....

Not a good sign - the sales of imaging division has declined and is expected to continue to decline. Regionally, all region except Others (wonder where this is) has also declined. The better bottom line comes from reduction/cut backs in cost. Sometimes it is a chicken and egg situation - if you cut back too much on cost (eg, service and advertising), sales will suffer. But GP% improved, probably due to lower cost of production.

[nightpiper]

Originally Posted by serene Not a good sign - the sales of imaging division has declined and is expected to continue to decline. Regionally, all region except Others (wonder where this is) has also declined. The better bottom line comes from reduction/cut backs in cost. Sometimes it is a chicken and egg situation - if you cut back too much on cost (eg, service and advertising), sales will suffer. But GP% improved, probably due to lower cost of production.

actually there's only one company thats really making money & not by manipulating with statistic numbers. its a no brainer to guess if u rem last year's Olympic Games.

[hammer_400]

really so bad meh?
unless I'm not reading it correctly
cos eventhough profits down compared to last year....


Net Sales up by 167.5 Bill Yen - page 2

Operating income exceeds forcasts by 6.3 bill yen - page 3

Revised full year net income to 27 bill yen from 23 bil yen - page 5

etc...

the link also has a few more tidbits like Oly are planning an even smaller DSLR etc

[serene]

Originally Posted by hammer_400 really so bad meh? unless I'm not reading it correctly cos eventhough profits down compared to last year.... Net Sales up by 167.5 Bill Yen - page 2 Operating income exceeds forcasts by 6.3 bill yen - page 3 Revised full year net income to 27 bill yen from 23 bil yen - page 5 etc... the link also has a few more tidbits like Oly are planning an even smaller DSLR etc

I know why we see it differently - you are looking at the company consolidated total (ie, all divisions) and I am just looking at the Imaging Division.