Originally posted by NaClH2O Chrysler division continues to loose money. What is Mercedes trying to do? Unload Chrysler. BUT!!! you fail to take on fact into your "doom and gloom" scenario...Pentax Optical is NOT unprofitible! In fact it is doing the best of all the Pentax divisions! Why on earth would Hoya want to sell it? Makes no sense, not to me, and not to Japanese business experts.
NaCl(you, of course can believe what ever you want to)H2O
Mercedes are indeed trying to unload chrysler but as a going concern - ie they will put it up for tender, it will be bought, many useful assets will be included as sweetners including access to recent mercedes technology and someone will buy it....
Just like Aston Martin, Lotus, Lambourghini, TVR and many many others that have managed to hang on in there for decades.
If Hoya decided to sell the Pentax camera business, they could create a very nice self-contained carve out business, throw in some of the key patents as a sweetener, write off most of the debt and include advantageous licensing deals for the IP they dont want to give up. Whether the camera business will also contain optical components etc is another question. It may be the whole non-medical side. They will porobably also include the brand name because it has immense value as a camera brand but less so as a brand for selling endoscopes!
I have no doubts whatsoever that with all the investment recently made, Pentax Optical would make a very sweet tasty buy for any interested long term investor or PE house looking to buy into a market (advanced optical equipment) with very long term sustained growth potential, albeit one with less growth at the bottom end than at the top end.
Canon and Nikon can only grow significantly if the market as a whole grows. Someone with small market share can grow by stealing share from the competition even in a stagnant market. This is why Sony snapped up Minolta and why someone will also snap up Pentax. Its also why Samsung is working hard to break into the SLR market.