Originally posted by tokyoscape (...)
As for their Imaging Business; (Digital cameras and voice recorders)
It is a declined of 17%, while (wait for this) operating loss also declined by 62% from the same period of the previous fiscal year.
Last year, looks like they got into a problem with their Chinese subsidiary, and needed a restructuring of their Imaging Business’s manufacturing locations which was a major experience for their imaging biz last quarter.
(...)
Olympus as a group are doing fine but their Imaging Business has bled money since FY2009. The total operating loss between FY2009 and FY2019, both years included, amounts to ¥92.9bn. That's roughly
one billion dollars lost over 11 years.
The operating loss reported for H1 (April-September) decreased from ¥9.2bn in FY2019 to ¥5.7bn in FY2020, i.e. an apparent 38% reduction. This is due to the massive decrease in one-off costs, including restructuring costs, between FY2019 (¥5.3bn) and FY2020 (¥1.0bn). Net of one-off costs, the operating loss
increased from ¥3.9 in FY2019/H1 to ¥4.7bn in FY2020/H1, i.e. an 18% increase.
The source of the above: Olympus financial reporting and more specifically
https://www.olympus-global.com/ir/data/brief/pdf/Olympus_Q2FY2020_Supplemental_E.pdf page #7.