Japan's Panasonic to be $ 600 000 000 transfusion Olympus

Yesterday, according to Japanese media reports, the Panasonic is the Olympus definitive agreement to expand the communication, the former intends to invest up to 50 billion yen (about $ 635 million) to Olympus, thus becoming its largest shareholder. This message has not been confirmation of two corporate headquarters.
Yesterday, according to Japanese media reports, the Panasonic is the Olympus definitive agreement to expand the communication, the former intends to invest up to 50 billion yen (about $ 635 million) to Olympus, thus becoming its largest shareholder. This message has not been confirmation of two corporate headquarters. Interview with reporters yesterday in the domestic branches, and they have responded by saying "not received the information at headquarters." Still, the message is to stimulate the Olympus rose nearly 4 percent, reaching its highest level in a quarter. However, the industry generally believe that this is not a "powerful combination" move looks more like the "heating". On the one hand, the financial scandal of Olympus remains in the doldrums. On the other hand, Panasonic has just experienced huge losses, the direction of future development is unknown.
Panasonic intends to acquire Olympus
In November last year, Olympus by hiding 100 billion yen (about 8.2 billion yuan) losses suffered an unprecedented crisis of integrity. Furthermore, within the time limit was not in the first half of 2011 earnings, to be included in the regulatory list of the Tokyo Stock Exchange, once more facing delisting. Then say the acquisition of Olympus, who will spread like wildfire.
At that time, was considered most likely to "hit", including the Japanese optics giant Hoya, Fujifilm Holdings and the U.S. Johnson & Johnson. As for the Chinese consumers, Sony, Panasonic and other well-known Japanese traditional imaging giant has not been included in the list of potential acquirers. The main reason for the two giant financial performance was flat, financially and some stretched.
The 2012, the financial performance of Sony and Panasonic are still bad, but the pleasant surprise is that last surfaced Olympus acquirer, even Panasonic. Japan's Kyodo News news that (K yodo), Olympus, Panasonic will be scandal-ridden capital injection of up to 50 billion yen ($ 635 million), and became the latter's largest shareholder. It is reported that the specific ways Olympus Panasonic sale of non-public offering of stock.
However, this does not mean that Panasonic has come out of adversity, turn to the expansion of the road. 2011 results, Matsushita's net loss of 772.1 billion yen (about $ 10 billion), and has become one of the history of Japanese manufacturing large-scale loss of
Japanese companies did not "Twilight"
So, Panasonic intends to sell Olympus, looks more like the old Japanese electronics companies hold together for warmth. The twilight of Olympus, or the fate of the acquired naturally with the flash giant Seoul will be up to compare. As the world's third largest chip maker, Japan Seoul will be up for bankruptcy protection in February this year, the company formally submitted, the specific reasons for experiencing the early expansion of large span, Elpida overcapacity, resulting from the 2007 DRAM market prices dropped sharply. The 2008 financial crisis, resulting in a DRAM global demand to continue to substantially reduced prices further down.
Look at the Japanese electronics industry, 2011 financial statements of the established Japanese companies have been put forward under the previous stage --- NEC's net loss of 110.2 billion yen, Sharp net loss of 376 billion yen. Sony for four consecutive years of net loss for fiscal year 2011 net loss of 457 billion yen to refresh the history of the worst records. Toshiba's net profit almost halved compared with the previous fiscal year, the TV sector operating loss of nearly 50 billion yen.
Boost to investors play
This capital injection news, Japan's Kyodo news agency said Panasonic's official spokesman had no comment. The reporter interviewed Panasonic branches in the country, nor the exact message, and Olympus side is tight-lipped. Even so, for the downturn in the Japanese electronics industry, this news is still a boost to investors. To the South are of press date, Olympus local stock prices in Japan rose 3.5 percent to 1378 yen, the highest intraday price since February 29.
Investment bank analysts believe mainland Japan to sing, and Olympus last year loss of $ 49 billion in expected losses, but this year, and produce between 50 to 10 billion yen profit. They adhere to the thin dead camel than a horse "point of view, Olympus, Japan and the world of precision, optical technology on behalf of one of the enterprises, including medical, life sciences, imaging and industrial machinery and other areas of a large number of patents and core technology, Matsushita future transformation.