Fujifilm might invest in Olympus

In this day and age, companies buying out its rivals are nothing new, and with scandal-ridden Olympus, Fujifilm is now mulling over whether they would be picking up Olympus as part of their portfolio or not. It is rather interesting to note that Fujifilm has already made investments to medical equipment and pharmaceuticals industries, despite being a film and camera manufacturer. Fujifilm, alongside Sony and Panasonic were identified by a newspaper last week as a group of potential investors who might be interested in Olympus.

Olympus is currently looking to replenish their capital base by issuing up to $1.3 billion in preferred shares. According to Kouichi Tamai, the head of Fujifilm’s medical systems unit, “It’s a great business, that’s for sure. Until we know what will happen to Olympus as a company, it would all be theoretical, so we don’t know.” Well, we will just have to sit and wait, riding out these coming days and weeks ahead until something official crops up.