Pentax Ricoh future

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George Lazarette
Posted 01/06/2012 - 09:25 Link
Shaky wrote:
George Lazarette wrote:
Why exactly do you think Ricoh would buy a brand with no future?

What would be the business case?

Do you think perhaps that all the Ricoh directors had shares in Hoya, and thought it would be a good idea to boost Hoya at the expense of their own company?

Please advise. I am fascinated by your thought processes.

G
George, your sarcasm betrays a lack of understanding of basic Japanese business customs.

In fact there are various plausible reasons why Ricoh might have acquired Pentax without the intention of running it for the long term, but I’m not going to elaborate on that and will instead give them the benefit of the doubt.

However, I am convinced that their commitment is contingent on turning around profitability in the medium term. Or do you think the directors of Ricoh are running a charity?
Pray do elaborate, if you have something valuable to say.

G
Keywords: Charming, polite, and generally agreeable.

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