Originally posted by RiceHigh I have several close friends who are VERY knowedgeable about Japanese business and finances. It's their job to be knowledgeable and they ALL make lots of money because they are good at it.
Several points:
1 Pentax does NOT have enough money to fund either more expansion or R&D.
2 Pentax's current leadership is seen as focused (pun intended) ONLY on their own personal fortunes, not the future of the company. They nixed the Hoya deal last month because they were afraid for their own jobs. Many, if not most business leaders in Japan and elsewhere are somewhat disgusted with their shortsightedness.
3 Pentax NEEDS outside monies if it is to remain competitive in the DSLR marketplace.
4 Hoya is NOT planning on selling or letting the Photographic division die. It's one of Pentax's bright spots! Why would they want to sell it? There is no reason for them to. Hoya has never said they would sell it, only the usual noise to placate shareholders about "if it starts to lose money..."
5 (speculation on my part but based on real knowledge) Hoya needs to buy into Pentax or some other company to reduce it's excess cash, or they themselves will be seen as a company ripe for takeover.
So to answer your question RH, I'll be happier than I am now if Hoya buys Pentax. I think they have a brighter future with Hoya than without.
NaCl(quick! run! the sky is falling! the sky is falling!)H2O