19 Facts About Olympus Corporation

Olympus Corporation is a Japanese manufacturer of optics and reprography products.

Olympus Corporation holds roughly a 70-percent share of the global endoscope market, estimated to be worth approximately US$2.

In 2011, Olympus Corporation attracted worldwide media scrutiny when it fired its CEO and the matter snowballed into a corporate corruption investigation with multiple arrests.

In 1936, Olympus Corporation introduced its first camera, the Semi-Olympus Corporation I, fitted with the first Zuiko-branded lens.

The Olympus Corporation Chrome Six was a series of folding cameras made by Takachiho, and later Olympus Corporation, from 1948 to 1956, for 6×4.

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Tsuyoshi Kikukawa, who was later to become president of Olympus Corporation, foresaw the demand for the digital SLR, and is credited with the company's strategy in digital photography.

Olympus Corporation fought for commitment by Olympus to enter the market in high-resolution photographic products.

Olympus Corporation is the largest manufacturer of Four Thirds lenses, under the Zuiko Digital brand.

The market growth of the MILC cameras made Olympus Corporation introduce a new series in their lineup, which was the modern, digital implementation of the legendary OM series, the OM-D.

Since then, Olympus Corporation has developed their two lines and the Micro Four Thirds system, still alongside Panasonic.

The latest Olympus Corporation camera is the Olympus Corporation OM-D E-M10 Mark IV as of 20 August 2020.

At one time, Olympus Corporation cameras used only the proprietary xD-Picture Card for storage media.

In 2020, Olympus Corporation announced that the camera department would be sold to Japan Industrial Partners at the end of the year.

In October 2020, Olympus Corporation transferred its Imaging division to the newly established OM Digital Solutions.

Olympus Corporation offers a complete range of microscopes, which covers applications from education and routine studies up to state of the art research imaging systems, both in life science and materials science.

Shareholding in Olympus Corporation is dispersed, and the company's key institutional investors are largely passive.

Olympus Corporation appointed Woodford its CEO six months later, but the board suddenly removed him as chief executive two weeks into the job, while allowing him to retain his board seat.

Olympus Corporation laid the blame for the inappropriate accounting on ex-president Tsuyoshi Kikukawa, auditor Hideo Yamada, and executive VP Hisashi Mori.

In February 2012, seven Olympus Corporation executives were arrested by Japanese police and prosecutors.