Olympus Q1 Fiscal Reports Show 26% Drop in Sales

Olympus Q1 Fiscal Reports Show 26% Drop in Sales

Olympus have published their Q1 fiscal report for the 2017 financial year, and it is yet another sorry reminder of the impact of the Kumamoto Earthquake. Olympus sales are down a huge 26%, with the manufacturer being unable to meet consumer demand for photography products due the Sony sensor shortage. Share prices are sure to drop following the publishing of the report as shareholders lose confidence in the Japanese firm. Olympus aren’t the only manufacturer feeling the pinch following April’s earthquake, so lets hope things return to normal soon for all affected by the disaster.

Via: Olympus.

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