Uh oh! After Olympus was sold only a few months ago, could Panasonic be next?

Uh oh! After Olympus was sold only a few months ago, could Panasonic be next?
(Image credit: Panasonic)

In June the shocking news broke that Olympus had decided to sell its camera division to the Japanese private equity fund Japan Industrial Partners (JIP). However, now it appears that Panasonic could be considering a similar move. This rumor comes from an article about trends in Panasonic's camera business in the Japanese publication Nikkei.

According to estimates by Ryusuke Katsura, the senior analyst at SMBC Nikko Securities, Panasonic's camera business had a loss of 2.5 billion yen in the period of April–June 2020, which is approximately $23,544,812. 

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Louise Carey

With over a decade of photographic experience, Louise arms Digital Camera World with a wealth of knowledge on photographic technique and know-how – something at which she is so adept that she's delivered workshops for the likes of ITV and Sue Ryder. Louise also brings years of experience as both a web and print journalist, having served as features editor for Practical Photography magazine and contributing photography tutorials and camera analysis to titles including Digital Camera Magazine and  Digital Photographer. Louise currently shoots with the Fujifilm X-T200 and the Nikon D800, capturing self-portraits and still life images, and is DCW's ecommerce editor, meaning that she knows good camera, lens and laptop deals when she sees them.