Terrifiant description du sors funeste qui attend Olympus, qui sera probablement démembré et vendu par morceaux par JIP, une compagnie dont l’unique vocation est de désintégrer en douceur les structures qui perdent trop d’argent… Suite de notre précédant article : Désastre : Olympus vendra sa division photo.
C’est une prédiction bien différente de ce que laisse à penser le communiqué Officiel d’Olympus. J’ai trouvé ce témoignage glaçant chez Photo Rumors : probablement une bien triste fin pour la division photo de Olympus. Extrait (la suite ici) :
« JIP is worth DUS150 million. YOY Olympus Imaging (it’s camera wing) is losing US$156 million. JIP specializes in taking underperforming assets and parsing the out.
They are not a turnaround company. In Japan, it is extremely expensive to downsize employees and pensions and salaries. So companies like JIP exist to take assets and sell them apart from those obligations.
In the last 5 years JIP has sold off assets of over 14 companies. Not one has it ever restructured or continued development. It’s doesn’t have the capital. JIP exists solely to manage brands for the benefit of shared agreements with shareholders. That’s why VAIO is 10% owned by Sony and why JIP outsources all design and manufacture to Chinese parts bin suppliers for components. JIP has no R&D, no internal development, no engineers, nothing. They are accountants.
They are a vulture fund of privately owned equity partners designed to get around Japanese pension, retention, and servicing laws. This is very bad news for the Olympus brand and it’s invested customers. The Japanese news is all over this as well because JIP is notorious for Chinese outsourcing at a time when it is official domestic policy to onshore key industries. This is another example of Olympus having a tin ear.
In Japan apparently most external sales staff (non-Japanese) have been let go. This started months ago. Most of the software, design, and optical engineers have left or are moving to the medical imaging. Overseas assembly plants are being quietly shopped for real estate value alone. The glazing kilns are shutting down for consumer imaging. The company is preparing to only sell from inventory » …