Olympus 2005 Annual Report Download - page 16

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14 O LYMPUS 2 00 5
i:robe IR-30 0
DIGITAL CAMERA
As our second digital
camera in the i:robe
series, the IR-300 fea-
tures a compact body,
compatibility with Dock
& Done 2.0 , high-reso-
lution images and sim-
ple editing and
viewing functions.
REVIEW O F OPERATIO N S >The Imaging Systems Business handles digital cameras, film cam-
eras, and vo ice recorders. O n O ctober 1 , 2 0 0 4 , the Imaging
Systems Business was split off into O lympus Imaging Corp., a whol-
ly owned subsidiary of O lympus.
Altho ugh the digital camera market co ntinued to expand, thin
digital cameras became a hit product category in Japan. Unable to
halt a slide in sales of digital cameras, sales in the Imaging
Systems Business declined 6.4% from the previous fiscal year to
¥277,685 million (US$2,524 million). In additio n, tougher compe-
tition led to lower prices, resulting in an operating loss of ¥23,875
million (US$217 million) in fiscal 2 0 0 5 , compared with operating
income of ¥15,1 5 8 million in the previous fiscal year.
Domestic sales dropped 39.8% to ¥28,788 million (US$262 mil-
lion), while overseas sales declined only slightly to ¥248,897 mil-
lion (US$2,263 million).
Imaging Systems Business Sales
(Millions of yen)
244,814
29 6 ,7 3 0 277,68 5
45,68 5
47,79 4 2 8,7 88
199,129
248 ,93 6 248,897
03 0 4 05
O verseas sales
Domestic sales
imaging