{"id":4111,"date":"2012-10-03T15:39:16","date_gmt":"2012-10-03T13:39:16","guid":{"rendered":"http:\/\/blog.pricecheck.co.za\/?p=4111"},"modified":"2012-10-03T15:39:16","modified_gmt":"2012-10-03T13:39:16","slug":"sony-to-help-olympus","status":"publish","type":"post","link":"\/blog\/sony-to-help-olympus\/","title":{"rendered":"Sony to help Olympus?"},"content":{"rendered":"<p>Clearly the economic situation at <a href=\"http:\/\/blog.pricecheck.co.za\/2011\/11\/olympus-under-the-microscope\/\" target=\"_blank\">Olympus was much worse<\/a> than what the electronics manufacturer was letting on. The Japanese electronic manufacturers are under pressure with regards to competition from Chinese manufacturing plants and competitors. Sony, Nikon and Olympus are under pressure. That is stating it mildly; their long term future is on the line. Sony announced a capital injection of 50 Billion Yen today into <a href=\"http:\/\/www.pricecheck.co.za\/search\/?search=Olympus\" target=\"_blank\">Olympus<\/a>. It will lead to <a href=\"http:\/\/www.pricecheck.co.za\/search\/?search=Sony\" target=\"_blank\">Sony<\/a> having a 11% shareholding of Olympus.<\/p>\n<p>The truth is that <a href=\"http:\/\/www.pricecheck.co.za\/search\/?search=Olympus\" target=\"_blank\">Olympus<\/a> has a huge perception issue. After their CEO <a href=\"http:\/\/blog.pricecheck.co.za\/2011\/11\/olympus-under-the-microscope\/\" target=\"_blank\">became a whistleblower<\/a> with regards to fraudulent financial reporting, it was a case of the business being on the back foot. Trust is lost and business relationships with suppliers of needed resources were damaged.<\/p>\n<p>The question is; why does Sony, who also has financial issues feel the need to take a share of Olympus? Is it a case of doing the right thing or does <a href=\"http:\/\/www.pricecheck.co.za\/search\/?search=Sony\" target=\"_blank\">Sony<\/a> have long term ambitions for a potential take over? Perhaps a combination of all of three.<\/p>\n<p>Is this the beginning of the end for <a href=\"http:\/\/www.pricecheck.co.za\/search\/?search=Olympus\" target=\"_blank\">Olympus<\/a>?<\/p>\n<p><a href=\"http:\/\/blog.pricecheck.co.za\/wp-content\/uploads\/Sony-Olympus.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-4112\" title=\"Sony &amp; Olympus\" src=\"http:\/\/blog.pricecheck.co.za\/wp-content\/uploads\/Sony-Olympus.jpg\" alt=\"\" width=\"620\" height=\"425\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Clearly the economic situation at Olympus was much worse than what the electronics manufacturer was letting on. The Japanese electronic manufacturers are under pressure with regards to competition from Chinese manufacturing plants and competitors. Sony, Nikon and Olympus are under pressure. That is stating it mildly; their long term future is on the line. Sony<\/p>\n<div class=\"read-more\"><a href=\"\/blog\/sony-to-help-olympus\/\" title=\"Read More\">Read More<\/a><\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"amp_status":"","footnotes":""},"categories":[1],"tags":[611,718],"jetpack_featured_media_url":"","_links":{"self":[{"href":"\/blog\/wp-json\/wp\/v2\/posts\/4111"}],"collection":[{"href":"\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"\/blog\/wp-json\/wp\/v2\/comments?post=4111"}],"version-history":[{"count":0,"href":"\/blog\/wp-json\/wp\/v2\/posts\/4111\/revisions"}],"wp:attachment":[{"href":"\/blog\/wp-json\/wp\/v2\/media?parent=4111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"\/blog\/wp-json\/wp\/v2\/categories?post=4111"},{"taxonomy":"post_tag","embeddable":true,"href":"\/blog\/wp-json\/wp\/v2\/tags?post=4111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}