Olympus to decide on capital alliance in June

Olympus has stated that it received capital alliance offers from Fujifilm Holdings, Sony Corp. and Terumo Co. through its financial advisor. The company is said to reach a decision at the general shareholders’ meeting slated later in June, whether to form a tie-up or going its own way. The company expects double-digit gains in revenue and operational profit for the 2011/12 fiscal year thanks to the release of new endoscope products, while imaging business may post a loss for the two years in straight. The company may reduce employees and consolidation of factories of division.