Hi friends, Maybe this is not news, but to make sure.
Pentax is to open its middle term plan tomorrow, with their business performance of FY2006. Their biggest shareholder, an investment fund, is proposing to nominate the ex-president of the company as a board member, which means the fund urges Pentax to show their new strategy to make the company more profitable if they are not to accept the tender bid from HOYA. The present president, who is believed to be reluctant to merging and acceptance of HOYA's offer, claims that digital SLR area is getting better and more profitable. This is thought be a response to HOYA's president remark that they might sell "unprofitable businesses" even after the merging. Anyway, let us see the middle term plan, which is believed to include the sale of HQ in Tokyo and withdrawal from the "unprofitable area". May God help our brand! Sincerely, -- Takehiko Ueda [EMAIL PROTECTED] -- PDML Pentax-Discuss Mail List [email protected] http://pdml.net/mailman/listinfo/pdml_pdml.net
