오늘 올림푸스가 글로벌 영상사업부를 JIP에 양도(매각)한다는 공식 발표가 올라왔습니다.
1937년부터 카메라 제조, 판매를 시작한 올림푸스 영상사업부의 양도 발표를 간단하게 정리해봅니다. 사업 매각 관련해서는 며칠 전 루머가 떴는데 일이 일사천리로 빠르게 진행되네요.
올림푸스 주식회사는 올림푸스 영상사업부를 새로운 회사로 분사하여 일본산업파트너스 주식회사(JIP)가 관리/운영하는 펀드에 양도하는 것에 공식 합의했습니다.
올림푸스는 매우 어려운 디지털 카메라 시장에 대응하기 위해 꾸준히 수익 구조를 개선했으나 최근까지 3년 연속 영업 손실을 기록, 더 효율적이고 기동적인 조직 운영을 위해 영상사업부를 분사하고 양도하는 것이 지속적인 성장을 위한 최선이라 판단했습니다. 올림푸스의 제품을 애호하는 고객 및 직원들에게도 이것이 최적이라고 판단, JIP와 의사확인서를 체결했습니다.
이번 거래는 글로벌 영상사업부 전체를 대상으로하며, JIP는 양도 후에도 구조조정 및 연구 개발/제조 체제를 유지하여 지금까지 올림푸스가 쌓아온 혁신적인 기술과 고품질/고신뢰의 제품을 계속 제공할 것입니다. 물론 올림푸스 제품의 고객 지원도 계속될 것입니다.
June 24, 2020
Company: Olympus Corporation
Yasuo Takeuchi, Director, Representative Executive Officer, President and CEO
(Code: 7733, First Section, Tokyo Stock Exchange)
Company: Japan Industrial Partners, Inc.
Hidemi Moue, CEO
Signing of Memorandum of Understanding for Divestiture of Imaging Business
Olympus Corporation ("Olympus") and Japan Industrial Partners, Inc. ("JIP") hereby announce that, today, the parties signed a memorandum of understanding to carveout Olympus’s Imaging business to a new company (“NewCo”) and subsequently transfer its shares to a fund managed, operated or otherwise handled by JIP (the "Transaction").
After the due diligence and further discussions and negotiations, the parties are aiming to sign a legallybinding definitive agreement for the Transaction (the "Definitive Agreement") by September 30, 2020. We will promptly make further announcement if any matters relating to the Transaction that needs further announcement occur.
1. Background and Purpose of the Transaction
Olympus's Imaging business began with the manufacture and sale of a camera using the photographic lens Zuiko in 1936. Through innovative technology and unique product development capabilities, Olympus has developed and launched various products, aiming to contribute to make people’s lives more fulfilling. Those products include: Olympus Pen, the innovative half-sized camera; Zuiko Pearlcorder, the world's first micro-cassette tape recorder; and Olympus OM-D series, the mirrorless interchangeable lens camera.
Olympus has implemented measures to cope with the extremely severe digital camera market, due to, amongst others, rapid market shrink caused by the evolution of smartphones; Olympus has improved the cost structure by restructuring the manufacturing bases and focusing on high-value-added interchangeable lenses, aiming to rectify the earning structure to those that may continue generating profit even as sales dwindles. Despite all such efforts, Olympus’s Imaging business recorded operating losses for 3 consecutive fiscal years up to the term ended in March 2020.
Under such circumstances, Olympus considers that, by carving-out the Imaging business and by operating the business with JIP, the Imaging business’s corporate structure may become more compact, efficient and agile and it is the most appropriate way to realize its self-sustainable and continuous growth and to bring values to the users of our products as well as our employees working in the Imaging business. Olympus therefore has decided to sign the memorandum of understanding for the Transaction.
JIP has strong track records in supporting strategic carve-outs that realize growth potential and encourage autonomous growth. By adding support from JIP, the NewCo, as the successor of reputable brands such as “OM-D” and “ZUIKO,” will utilize the innovative technology and unique product development capabilities which have been developed within Olympus, and will realize continuous growth of the business by bringing better products and services to the users and customers and by making itself a productive and rewarding work place for its employees.
2. Imaging Business after the Transaction
NewCo will succeed and maintain the research and development functions and manufacturing functions globally as reformed under the contemplated structuring reforms to continue to offer high-quality, highly reliable products; and also continue to provide supports to the imaging solution products that have been distributed by Olympus.
3. Outline of the Transaction
The specifics of the Transaction shall be decided in the Definitive Agreement after careful examination and consultation between the parties. The parties currently consider the outline of the Transaction shall be as follows. The parties will proceed with the actions and procedures for Transactions in full compliance with applicable laws including consultation obligations and other requirements under local employment laws.
(1) Structure : (i) Olympus’s Imaging business will be transferred to the NewCo by way of company split or otherwise, and then, (ii) shares in the NewCo will be transferred to a new company to be established by JIP.
(2) Signing of Definitive Agreement: Scheduled to be signed by September 30, 2020
(3) Closing : Olympus and JIP strive to close the Transaction by December 31, 2020.
4. Structuring Reform
Prior to the closing of the Transaction, Olympus plans to implement structuring reforms to the Imaging business aiming to change the business structure of Imaging business to be more profitable and sustainable. We are currently investigating costs and other impacts of the structuring reform. If any future event which requires disclosure arises, Olympus will announce it promptly.
Olympus Corporation, Investor Relations: TEL．03-3340-2111
Japan Industrial Partners, Inc.: TEL．03-6266-5781
일본의 추가 기사(산케이비즈)에 따르면 영상사업부의 직원 4,000명은 구조조정 대상으로 이미 일부는 다른 회사로 이직했다고 합니다. 또한 올림푸스 브랜드(OM-D, PEN, ZUIKO 등 포함)도 최소한 일정 기간 유지될 것이라고 하네요.
과연 올림푸스 영상기기의 미래는 어떻게 흘러갈지 궁금해집니다.