That is why buying an Olympus camera is so smart, as they are subsidized by
the medical division. So thanks Olympus ;-).
Op wo 13 nov. 2019 om 11:24 schreef Nathan Wajsman:
> Sorry guys, but this is simply not so. If a line of business cannot cover
> its variable costs plus a reasonably allocated part of the corporate
> overhead, then it is not a viable business in the long run. I suspect that
> in the case of Olympus, the camera division cannot even cover its own
> variable costs.
>
> Cheers,
> Nathan
>
> Nathan Wajsman
>
> Alicante, Spain
> http://www.frozenlight.eu <http://www.frozenlight.eu/>
> http:// <http://www.greatpix.eu/>www.greatpix.eu
> PICTURE OF THE WEEK: http://www.fotocycle.dk/paws <
> http://www.fotocycle.dk/paws>Blog: http://nathansmusings.wordpress.com/ <
> http://nathansmusings.wordpress.com/>
>
> Cycling: http://www.crazyguyonabike.com/belgiangator <
> http://www.crazyguyonabike.com/belgiangator>
>
> YNWA
>
>
>
>
>
> > On 13 Nov 2019, at 10:11, Piers Hemy <piers@xxxxxxxx> wrote:
> >
> > Well put, Moose - and in your previous posting " Anyone who knows for
> sure
> > isn't talking. Many who know nothing for sure are talking. "
> >
> > Allocation of "overheads" is an art, an expression of the goals of
> > management, which can change over time. What we know from the past is
> that
> > Olympus is a world-class producer of optics with applications in many
> more
> > areas than amateur (or even professional) photography, and the concept of
> > pulling one marketing division because of poor results is idiotic,
> because
> > it would simply shift the overheads borne by that division onto all the
> > others.
> >
> > Piers
> >
> > PS First time I have seen you mention your former employer by name,
> Moose.
> > Not that we hadn't worked it out anyway.
> >
> > -----Original Message-----
> > From: olympus <olympus-bounces+piers.hemy=gmail.com@xxxxxxxxxxxxxxxxx>
> On
> > Behalf Of Moose
> > Sent: 12 November 2019 22:51
> > To: olympus@xxxxxxxxxxxxxxxxx
> > Subject: Re: [OM] rumors of Olympus closing camera division?
> >
> > On 11/12/2019 1:51 PM, Ken Norton wrote:
> >> A company that loses kajillions of Yen every year....year after year
> >> after year after year... is bound to examine "why" keep going with an
> >> entire division that just costs the stockholders serious money.
> >>
> >> I think the answer is obvious when you consider the non-obvious:
> >> Accounting trickery. You bury R&D and Engineering costs for other
> >> divisions into the one division that is "forgivable" for losing money.
> >> The whole company benefits from having one loser division.
> >>
> >> While technically illegal and/or unethical, there are a myriad ways to
> >> do this without conflict with the regulators.
> >
> > The art of allocating costs between areas of a company that's vertically
> > integrated is a subtle one, with no hard and
> > fast answers.
> >
> > For decades, Safeway considered their Supply Divisions, which sourced our
> > private label brands, and especially the
> > plants that manufactured many of them, to be major profit centers.
> >
> > Then we went through an LBO. The minions of our new owners went through
> all
> > parts of the company, to determine what was
> > OK, what needed repair and what should be sold.
> >
> > These new consultants came with different assumptions and came to
> different
> > conclusions. Many of the plants that had
> > been profitable were now financial drags and were sold. Most to new
> owners
> > who continued to supply our private label
> > brands and other needs.
> >
> > So sure, Oly's camera division may be being saddled with costs that may
> not
> > be appropriate, for whatever business,
> > political or philosophical reasons. Almost certainly not illegal, as it's
> > all one entity. Unethical? Probably depends on
> > point of view.
> >
> > Nuanced Moose
> >
> > --
> > What if the Hokey Pokey *IS* what it's all about?
> > --
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> >
> > --
> > _________________________________________________________________
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> > Archives: http://lists.thomasclausen.net/mailman/private/olympus/
> > Themed Olympus Photo Exhibition: http://www.tope.nl/
> >
>
> --
> _________________________________________________________________
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> Themed Olympus Photo Exhibition: http://www.tope.nl/
>
>
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