Olympus camera company officially sells its imaging business

On the first day of this year (1/1/2021), Olympus camera company took the final steps to sell its image segment to Japan Industrial Partner (JIP). From now on, a subsidiary of JIP, OM Digital Solutions, will take over Olympus’s image business.

OM Digital Solutions will conduct its business at the old Olympus headquarters in Japan, and its CEO Shigemi Sugimoto will also become the new CEO of OM Digital Solutions. New product research work will be moved to the building in Takakuramachi, Hachioji-shi, Tokyo city, while the production will be carried out at factories in Dong Nai province, Vietnam.

“Imaging has been Olympus’s main business since the day it launched its first camera – Semi-Olympus I in 1936. I believe in the video equipment business,” said Yasuo Takeuchi, CEO of Olympus . image will continue to grow in the near future, led by OM Digital Solutions, and Olympus will move into new businesses, including medical supplies, scientific research to provide services and High-end products help improve the quality of life and health of people all over the world. “

It is still unclear whether OM Digital Solutions will retain the Olympus brand for its future products or create a completely new brand.