Just published: studio test samples from the Olympus OM-D E-M5. We’ve just received a production-standard E-M5 so have rushed it into the studio to shoot our standard test scene. These shots have been added to our preview, but can also be accessed from other camera reviews or from the standalone comparison tool. Have a look to see how it stacks up against its rivals, or download the Raw files to subject them to your favored workflow.
The European press event for the Olympus OM-D E-M5 gave us a chance to get some proper shooting time in with one of the most discussed cameras of 2012. Our preview already looks over the features and custom options but this trip gave us a chance to really use the camera. Andy Westlake hit the streets of Amsterdam with an E-M5, determined to find out how its features work in real-world use and looks at how well the Art Filters and processing options work.
The former President and Chairman of Olympus who oversaw the financial mismanagement that has seen the company’s value more than halved, has been arrested. Tsuyoshi Kikukawa and his former vice-president Hisashi Mori who has also been arrested, were only forced out of the company after ex-CEO Michael Woodford spoke out, saying he was removed for uncovering their actions. Company auditor Hideo Yamada and four bankers connected to the cover-up of billions of dollars-worth of investment losses were also arrested. (from Reuters)
The E-M5 is the first of Olympus’ OM-D range of Micro Four Thirds cameras and is styled to look like the its classic OM series SLRs. We’ve had a chance to use one of the most rumored and speculated-about cameras of recent years and have prepared a full, hands-on preview. We take a look at the camera’s features and explain its levels of customization. Click here to find out more about what goes on behind the E-M5’s pretty exterior.
Kyodo News International, a Japanese news service, is reporting that Olympus will introduce a 16MP camera based on its classic OM series. The news would tie-in with a recent Olympus press advert in the UK that highlighted the letters ‘O’ and ‘M’ in the text. The report suggests such a camera would sell for over ¥100,000 (around $ 1300) and feature ‘high-speed autofocus and image stabilization functionality.’ Meanwhile, Japanese financial newspaper Nikkei is reporting that Sony is considering investing in Olympus and forming a business alliance. Fujifilm which, like Olympus, has extensive medical interests is also rumored to be interested.
Olympus’ former CEO Michael Woodford has resigned his position as director of the company and called for a shareholder meeting to dismiss the rest of the board. The company’s share price had started to recover some of the 88% value it had lost in the weeks since Woodford was removed as CEO for highlighting unusual payments by the company (he remained a director). Since then the company has admitted using these payments to cover up losses on earlier investments. An independent committee established by the company has reported it has found no evidence of the rumored involvement of organized crime syndicates in the deals. However, three board members, including the President and Vice-President have resigned over the issue. (via Reuters)
We’ve just published our review of the Olympus E-PM1: the PEN Mini. The Mini is the least expensive, and most compact-camera-user orientated, Micro Four Thirds model yet released. It’s built around the long-serving 12MP sensor but includes the latest, impressively fast AF system from the most recent PENS. In keeping with its point-and-shoot ethos, the PEN Mini features few external controls, yet has extensive customization if you want a camera to grow into. Does this result in a model with broad appeal or a camera with an identity crisis? Read our review to find out.
Olympus has dismissed its executive vice president after admitting concealing losses on investments. In the most serious revelation since the departure of former chief executive Michael Woodford, the company said that funds from previous acquisitions had been used to hide losses on securities investments since the 1990s. The news saw Olympus shares fall in value by up to 30% during Tuesday’s trading.
News: Digital Photography Review (dpreview.com)
Olympus has dismissed its executive vice president after admitting concealing losses on investments. In the most serious revelation since the departure of former chief executive Michael Woodford, the company said that funds from previous acquisitions had been used to hide losses on securities investments since the 1990s. The news saw Olympus shares fall in value by up to 30% during Tuesday’s trading.
News: Digital Photography Review (dpreview.com)
Olympus’s woes have deepened after the Tokyo Stock Exchange placed its shares ‘under supervision’ and warned of possible delisting. The news follows the admission that senior executives colluded for decades to hide investment losses from the market, and a subsequent statement from Olympus that it would not be able to submit its quarterly earnings report on schedule. The TSE has warned that the company will be delisted if the report is not submitted by 14th December, prompting a further fall in its shares which have now lost almost two-thirds of their value over the past month.
News: Digital Photography Review (dpreview.com)