The Olympus Scandal: Poster Child for Corporate Fraud in Japan | Inside the Storm | FD Finance

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  • Опубліковано 5 вер 2024
  • Rise and Fall of Olympus | FD Finance
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    Olympus made its mark in the world of photography in the 1970s. The company continued innovating with breakthrough products right till the 2000s. But then, an auditing scandal came to light, causing an internal crisis. Inside the Storm: Back from the Brink reveals how Olympus overcame the odds.
    Big businesses rise and fall every day. Inside the Storm: Back from the Brink, is a documentary series that follows the lifecycle of four of the biggest industry players, revealing intimate details on how these major companies were run, and their survival techniques when they nearly fell into the depths. Supplemented by interviews from industry players and professionals from around the world, this series documents how these business titans survived despite the odds and turbulence hitting them where it matters. Marvel: breaking into the film industry saved the comics publishing giant; Olympus: Japan's largest optical company overcame one of the largest accounting scandal; Philips: innovating out-of-the-box ensured the survival of this technology giant; and Nissan: the iconic Japanese car brand saved by one of the most charismatic and loved CEOs in Asia.
    Watch insider testaments to the dealings that transformed industries and prevented these giants from the fall of their businesses.
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КОМЕНТАРІ • 309

  • @wetwingnut
    @wetwingnut 2 місяці тому +113

    Olympus microscopes really are the best in the world. Even twenty year old instruments are highly sought after and command high prices on rhe secondary market because of their incredible craftsmanship.
    I have an old model that I paid.$4000 for four years ago and it is a wonderful tool.

    • @ernestocruzreyes1954
      @ernestocruzreyes1954 Місяць тому +6

      Completamente de acuerdo, trabajé con un microscopio Olymus durante 15 años. Una maravilla de equipo.

    • @user-io6pj8bz8h
      @user-io6pj8bz8h 5 днів тому

      So you paid 4k to support institutionalized encountered rqcism and cultural appropriation.

    • @JimmyMatis-h9y
      @JimmyMatis-h9y 2 дні тому

      no love for Zeiss? 😢
      I'm joking. my lab used Zeiss and I know they're famous but that doesn't mean they're the best.

  • @Enonymouse_
    @Enonymouse_ 2 місяці тому +122

    The poster child for fraud in Japan is the Nissan conglomerate.

    • @rohp1283
      @rohp1283 Місяць тому +6

      @Enonymouse_ Carlos Ghosn is a hero and a legend. The Japanese criminal justice system is riddled with serious flaws which would not pass the lithium test in any democracy. If he was found innocent - impossible because trials here are just to rubber stamp the police decision that one is guilty, or guilty ( as a default position because everyone before a jpn criminal court is found guilty, we would never know for sure, because it is Japan.

    • @roahnosh
      @roahnosh Місяць тому +1

      I thought Blue Archive and Genshin were Japan's poster children 😄

    • @TrimeshSZ
      @TrimeshSZ Місяць тому +5

      @@rohp1283 What about his settlement with the US SEC and the investigations by both Renault and the French police involving exactly the same sort of highly questionable accounting that he was accused of at Nissan? Is that the "corrupt Japanese justice system" too? Or the French arrest warrant for him involving "R&D funding" funneled through an Omani company that actually ended up paying for - amongst other things a 37m yacht that Ghosn was using. I suspect you are being way too uncritical of Ghosn's claims here.

    • @rohp1283
      @rohp1283 Місяць тому

      @@TrimeshSZ Japan is behind those warrants.

    • @rohp1283
      @rohp1283 Місяць тому

      @TrimeshSZ That's why one should criticise the Japanese with caution. They do the wrong, shamelessly deny it, go to great lenghts to cover it up,including using financial and political muscle; and trump.of charges against whistle blowers.Lastly they resort to holier than thouism . Crooks who act like ice cream won't melt in their mouths. Scary.

  • @BelucarmerA
    @BelucarmerA Місяць тому +43

    hace poco vi a un tiktoker extranjero que vive en japón que capto con su teléfono cosas turbias en los negocios de barras de snacks, karaokes y host en japón y medio hablo de ello y la yakuza fue a tirarle su puerta y golpearlo. Decidió no denunciar porque sabe que esa gente es la misma que la policía, como en todos lados. Japón esta casi tan mal como cualquier otro lado, solo que no se habla de ello ni se denuncia.

    • @davidamarat
      @davidamarat Місяць тому +3

      Así es y por lo mismo, por ser tan hipócritas y hacer como que no pasa nada se está cayendo ese país. Una pena. Es una cultura muy bella que carga todavía muchos lastres nocivos.

    • @jorgeserrat7568
      @jorgeserrat7568 Місяць тому

      En Perú creíamos tanto en la honradez , honorabilidad de los japoneses que elegimos un presidente japonés más peruano que japonés y este fue el más corrupto de la historia y hasta ahora que salió de la cárcel ,su hija y el mismo a su edad quieren volver a postular por la presidencia y las leyes de lo permiten porque desde que Fujimori entró al gobierno hasta ahora logra mayoria en el congreso que trabaja gobierno tras gobierno para corromper el estado .

    • @starvostokcres
      @starvostokcres 21 день тому

      Ahora sabemos la importancia de la rebeldía

    • @wilimliao1666
      @wilimliao1666 16 днів тому

      Será que esos negocios eran de la yakuza??

  • @albertbuira1751
    @albertbuira1751 Місяць тому +31

    Yo viví estos mismos escenarios en dos conpañias españolas.
    Desprecio hacia la honestidad, mafias corporativas, presiones personales y familiares.
    Afortunadamente pude salir de estas relaciones toxicas y centrar mi vida en los aspectos de familia adecuados.
    Pero no olvido... Hacen daño a la gente con principios, hacen daño a la confianza corporativa.
    Nunca confiés en ninguna corporación.... Te sacaran el higado y lo que haga falta, a ti y a tu familia.
    Pensaba que solo me pasaba a mi, pero veo que es una solucion demasiado extensa en el modo empresarial.
    Actualmente vivo tranquilo, cultivo mis propias verduras, tengo a mis seres queridos proximos.
    Mis problemas con el alcohol y somniferos trato de mantenerlos controlados, aunque es el producto de mi propia creencia en este puto sistema productivo de explotación a cualquier medio.
    Saludos cordiales

    • @luiscesarplataserranoplata7181
      @luiscesarplataserranoplata7181 Місяць тому +1

      Animo bro. Gracias x tu experiencia. Nos. Sirve.. aquí en México está pasando y el seudocapitalistas están explotando. Nuestros recursos.

    • @southerneruk
      @southerneruk 21 день тому

      It is just how Capitalism Works

  • @jarofclay8900
    @jarofclay8900 2 місяці тому +76

    I have had very positive experience visiting and working with Japanese companies but early on learned that the business culture is very different. Several years ago a friend (American) was hired to join the Manhattan office of one of the largest Japanese trading companies in the world. Not long after, he decided to start learning Japanese at a local college. When management heard about it, he was told in no uncertain terms to drop the course.

    • @rybaluc
      @rybaluc 2 місяці тому +14

      Company have no power over what is going on in personal life.

    • @johnwright9372
      @johnwright9372 2 місяці тому +51

      They didn't want him to know what they were doing or saying.

    • @Sgt_Glory
      @Sgt_Glory Місяць тому +28

      He should have done the course anyways and not told them.

    • @gavinjenkins899
      @gavinjenkins899 Місяць тому +5

      @@rybaluc Cite the labor law or other law in Japan that protects this freedom. If none, and if for sake of argument, if it's in your contract, they do have power.

    • @rybaluc
      @rybaluc Місяць тому

      @@gavinjenkins899 Cite law that states i am wrong.

  • @bhupendersingh8427
    @bhupendersingh8427 Місяць тому +17

    A great expose. Thanks. Michael was brought in to take the blame for all that was rotten inside Olympus, but he wouldn't play ball (Japanese one) and asked too many questions. Obviously, I wouldn't be surprised that real Yakuza was on the board and had been siphoning off money from their corporate piggy bank. After all, who would allow Olympus to run factories and other manufacturing facilities there in Japan without some "Protection." Michael, well done. You turned out to be much better than Enron CEOs who were the real crooks. Bravo!

    • @kenmore01
      @kenmore01 Місяць тому

      Yes. They tried to use him and then cut him as he was too brazen (aka non-Japanese). Instead, he took them all out. What a happy ending!

  • @jesusreyesgeronimo2555
    @jesusreyesgeronimo2555 2 місяці тому +26

    Este caso es exactamente lo que veo en el Japón de hoy en día. Es triste ver cómo se maneja el sistema y lo más lamentable es el resultado. La economía Japonesa está en grave crisis y no se ven signos de solución a corto plazo.

  • @enricomercado4671
    @enricomercado4671 2 місяці тому +18

    The quick recovery of Olympus is down to them making good products for so long and the dependent industries not having any real alternatives to turn to to replace them.

    • @cuauhtemoc8350
      @cuauhtemoc8350 2 місяці тому +4

      Just like with individuals. Good reputation built over years of good work gives you some protection from your own mistakes.

  • @ruzzelladrian907
    @ruzzelladrian907 2 місяці тому +50

    My biggest question, has Olympus completely eliminated the Yakuza from the company? Because those big men with tattoos trying to intimidate Woodford are still out there. What if Woodford ended up headless? That could've happened. The was more than a $1B missing. That's more than enough reason for the company to get rid of their whistleblower. It's currently happening with Boeing.

    • @JohnDoryPsh
      @JohnDoryPsh 2 місяці тому +5

      Japan has not eliminated them. How would Olympus have managed that?

    • @Sgt_Glory
      @Sgt_Glory Місяць тому +3

      @@JohnDoryPsh There's the answer.

    • @DaveEtchells
      @DaveEtchells Місяць тому +7

      The Yakuza are still a shadowy presence in Japan, but have been fading for decades, as older members age out or die off and recruitment is way down. As to Olympus, I think the enormous public attention and upheaval would have flushed them out. - Light being the best disinfectant, etc, etc.

  • @charlesreid9337
    @charlesreid9337 Місяць тому +26

    I was an Olympus guy. Their glass was excellent. And if you wanted to do wildlife photography or any zoo photography Olympus was the only rational choice. Therefore third system radically extended the range of standard lenses and you could use nearly any lens Olympus Canon or Nikon ever made on them.

  • @BerriBerriJam
    @BerriBerriJam 2 місяці тому +63

    Jan 2021 Olympus sold "divested" its camera company to JIP Japan Industrial Partners, which was renamed OMDS OM Digital Solutions. You can already see the new logo label on the camera 47:12 Interesting back in 2020 and 2021 it was very unclear why Olympus was dumping their camera company and never mentioned the financial scandal and company restructuring. Even this story fails to discuss this and pretends Olympus Camera is still a part of Olympus.

    • @charlesreid9337
      @charlesreid9337 Місяць тому +5

      It isn't really Olympus camera anymore. You cannot simply sell cameras.. you have to sell an entire ecosystem around them unless you are a tiny extremely specialized company like Leica.
      Olympus was one of the big three. Om cameras now are not even in the same league. And it is a shame you could not beat Olympus for wildlife

    • @DaveEtchells
      @DaveEtchells Місяць тому +3

      The scandal was actually old news by the point that they spun off the camera division, it had been 8 years at that point. It might have contributed to the financial pinch they were feeling, but the camera division had been losing money for quite a while at that point.

    • @numbersix8919
      @numbersix8919 Місяць тому +6

      ​@DaveEtchells That's right. Smartphone cameras have decimated compact camera systems. Maybe the pendulum at Olympus swung too far the other way! Everything about their cameras was outstanding, but it was Olympus lenses that really let you get the most out of them.

    • @DaveEtchells
      @DaveEtchells Місяць тому

      @@numbersix8919 Absolutely, Olympus (now OMDS) glass is absolutely first-rate. Their 12-100mm f/4 in particular is my favorite lens of all time, by any manufacturer. It’s a “vacation lens” that’s as sharp as many primes, and *very* well weather-sealed. (I also never owned one personally, but their 300mm f/4 was just an unbelievable optic, with outstanding image stabilization and weather sealing as well. My main camera is an E-M5 MkIII, with an original E-M1 as backup. I’d love to have an OM-1, but can’t afford it based on my retirement income and the limited amount of photography I do these days.)

    • @daCubanaqt
      @daCubanaqt Місяць тому

      The OM-D series was introduced in 2012, well before 2021. JIP is just continuing the line.

  • @davidlang1125
    @davidlang1125 12 днів тому +1

    I bought my first pro camera an Olympus OM-1 in 1975 and started my lifelong passion of photography. I’m so glad it’s been able to remain one of the best camera brands in the world.

    • @msromike123
      @msromike123 4 дні тому +2

      I only buy Oly, period. Best glass in the industry and that's all that really matters. Plus, I like that I can pick up any Olympus camera and know exactly how to use the menus. Nikon? No thank you.

  • @ysaacwichmannantinao3502
    @ysaacwichmannantinao3502 Місяць тому +23

    ¿¿¿ POR QUE ESTE DOCUMENTAL NO TIENE MÁS VISUALIZACIONES Y MÁS LIKES ???
    NO TODOS LOS ASPECTOS O CARACTERISTICAS DE LA CULTURA JAPONESA SON POSITIVOS .
    EN MI PAÍS CHILE SIEMPRE HAN SUCEDIDO CASOS DE CORRUPCIÓN , COLUSIÓN , IRREGULARIDADES E ILEGALIDADES POR PARTE DE GRANDES EMPRESAS PRIVADAS E INCLUSO DE LAS MISMAS INSTITUCIONES DEL ESTADO POR CAUSA DE FUNCIONARIOS CORRUPTOS .
    AUNQUE EN OTROS PAISES DE LA REGIÓN LA SITUACIÓN ES MUCHO PEOR , PERO EN TODOS LOS CASOS ES UNA CONSTANTE .

    • @albertogotariodelmonte18
      @albertogotariodelmonte18 Місяць тому

      Sin sensacionalismo la corrupción forma parte del mundo empresarial alguien recuerda la película wallstret además es la visión occidental de todo lo sucedido bueno. Creo por eso no se contratan extranjeros para estos puestos en japon

    • @SergioNunez-dq9io
      @SergioNunez-dq9io Місяць тому +2

      Desgraciadamente, por qué la mayoría de las personas prefieren ver videos de gatos..! U otras estupideces..!🤔😐

    • @jorgeserrat7568
      @jorgeserrat7568 Місяць тому

      Será porque los documentales son para un tipo de segmento más intelectual, respecto a los otros vídeos comerciales como viajes ,contenidos que venden más vistas .

    • @MiNameIsNash
      @MiNameIsNash Місяць тому

      Tiene un mes, debe ser por eso.

  • @ericastier1646
    @ericastier1646 6 днів тому +1

    As an engineer the problem with corruption is always those unproductive bean counters who do nothing and have top positions in companies. There should be laws that limit salaries of non productive employees who have no real skills but business and money related activity like bankers.

  • @nejnej4676
    @nejnej4676 2 місяці тому +38

    Thats one brave man.

  • @bryanpetersen1334
    @bryanpetersen1334 Місяць тому +34

    Japan’s mindset hasn’t changed much since the early 20th century

    • @numbersix8919
      @numbersix8919 Місяць тому +1

      They're working on increasing homelessness and incarceration, infant mortality and unemployment, but progress remains agonizingly slow.

  • @mpazinambao2938
    @mpazinambao2938 2 місяці тому +112

    Him being made president should have been the 1st red flag.

    • @fantabuloussnuffaluffagus
      @fantabuloussnuffaluffagus 2 місяці тому +9

      Ask Carlos Ghosn about that.

    • @elbello1975
      @elbello1975 2 місяці тому +3

      Who is that?​@@fantabuloussnuffaluffagus

    • @fantabuloussnuffaluffagus
      @fantabuloussnuffaluffagus 2 місяці тому +8

      @@elbello1975 Fall guy/CEO at Nissan.

    • @PatHaskell
      @PatHaskell 2 місяці тому +7

      Just like Biden, who in the heck made the decision to push him to the front of the Democratic party and WHY???

    • @cynthiaramirez1379
      @cynthiaramirez1379 Місяць тому +1

      Definitivamente la señal clave, fue esa.

  • @pointofvantage
    @pointofvantage 2 місяці тому +36

    Welcome to the real Japan!

  • @kenmore01
    @kenmore01 Місяць тому +3

    Most American workers were loyal to the company they worked for back then too. That lasted until the companies stopped being loyal to their workers.

  • @gabrielrubio7425
    @gabrielrubio7425 2 місяці тому +10

    Thanks for the dual audio.❤

  • @marioberrio180
    @marioberrio180 Місяць тому +11

    Siempre pensé que Olimpus era alemana. Todos los días se aprende algo nuevo

  • @alvarogonzalez3104
    @alvarogonzalez3104 2 місяці тому +11

    35:45 Vato, en México eso pasa cada día y las empresas y gobierno lo niegan aunque toda la evidencia exista, vaya, algo que comparten México y Japón

  • @enricomercado4671
    @enricomercado4671 2 місяці тому +7

    I would not doubt that the big Japanese corporations will be very resistant to hiring non-Japanese executives as senior corporate officers, as they will look at them as liabilities that do not understand "traditional" Japanese business practices.

    • @richardstreet7605
      @richardstreet7605 Місяць тому +2

      What kind of thing do you have in mind? Fraud. Paying for "comfort services". Bugging competition. That kind of thing?

  • @k.kaiser3997
    @k.kaiser3997 19 днів тому +1

    I wonder why there was no class action lawsuit by shareholders against the company in the US

    • @jbbrolic
      @jbbrolic 14 днів тому

      If there was a crackdown on BS accounting practices and such the stock market would collapse... The main thing the United States produces are financial instruments, not anything of legitimate value

  • @hankherer6177
    @hankherer6177 2 місяці тому +13

    what a glorious moment where everything lined up to setup a gaijin to knock down the hypocrisies Japanese culture. bravo sir.

  • @greathornedowl3644
    @greathornedowl3644 2 місяці тому +5

    Thank you. Informative video. We must ask ourselves, what would you have done in Woodford's shoes.

    • @peterc4082
      @peterc4082 2 місяці тому +2

      Have the US president make one phone call and tell the Japanese to behave? That's all that would take. That or Xi can have Japan. Japan will listen to US orders.

  • @radio655
    @radio655 Місяць тому +1

    Very beautiful documentary! Highly interesting

  • @joetkeshub
    @joetkeshub 2 місяці тому +15

    Rather weird that a British citizen he succeeded in destabilizing Olympus while the world does know that British corporates are not that transparent... Eventually Olympus gained on all fronts: its market cap is US$200 yet

    • @johndorilag4129
      @johndorilag4129 2 місяці тому

      Never trust the brits. They are corrupt and a selective memory of history.

    • @richardstreet7605
      @richardstreet7605 Місяць тому +2

      Weird comment.😂

  • @beameup64
    @beameup64 Місяць тому +1

    Olympus cameras are now OM Solutions. I have several Olympus 4/3 cameras and lots of lenses but I am not going with "Solutions".

  • @TheYah00netstar
    @TheYah00netstar Місяць тому +7

    *What I heard at the time was that the chairman was covering up his heavily gambling losses in Las Vegas through some questionable financial operations involving his company...however we didn´t hear anything about it...*

    • @1978garfield
      @1978garfield Місяць тому

      I kept waiting to see where the money was going and they never mentioned it.

  • @rasec19792007
    @rasec19792007 2 місяці тому +4

    Hola que interesante su contenido sería posible ver más video en español 😢 saludos desde Guadalajara México

  • @sparty94
    @sparty94 Місяць тому +5

    olympus sold their camera business in 2021 to OMDS.

  • @leojmullins
    @leojmullins Місяць тому +2

    The same thing happened at Renault/Nissan.

  • @luismiguelosorio
    @luismiguelosorio Місяць тому +3

    SILENCIO... Comenzó mi novela.

  • @jujuyman26
    @jujuyman26 2 місяці тому +7

    That a large company has relations with or even sponsors large mafias is nothing surprising or new. The movie Robocop shows this very clearly. I have never met a mega company that is clean and honest.

  • @gshadura
    @gshadura 2 місяці тому +2

    I had ultrazoom by Olympus in 2010th. And I loved it!

  • @flufwix
    @flufwix 5 днів тому

    A lot of corruption is hidden behind the labels “tradition”, “culture” and “we’ve always done it that way”

  • @jimsteinway695
    @jimsteinway695 Місяць тому +1

    I admire the Japanese culture. They have a lot of good things we’ve forgotten in the US. But sometimes too much loyalty can get you in trouble

  • @user-uz1wb8vo7h
    @user-uz1wb8vo7h Місяць тому

    It's not just the reputation of the corporations. Even the very integrity of the financial news media industry was put into question.

  • @mr.skunkfishing5820
    @mr.skunkfishing5820 Місяць тому +22

    now lets talk about the US govt and where all the money is going...

    • @dalenulik5622
      @dalenulik5622 Місяць тому +1

      Agree, we don't need higher taxes? We need to know where the USA government money is going?

    • @rohp1283
      @rohp1283 19 днів тому

      @mr.skunkfishing5820 The money in the US and most other countries are being stolen, oh but don't ever accuse the jpn of that kind of thing. They are cleaner than a new born babies nose.

  • @androwaydie4081
    @androwaydie4081 2 місяці тому +4

    Yet this happens everyday in almost every big corporation something is wrong with this system.

  • @rohp1283
    @rohp1283 Місяць тому +4

    This kind of underhandedness and unlawfulness is a common place in Japan. The western style laws are there just to appear compliant with the rule of law. They exist in form and not in substance. Bunch of hypocrats who profess to be better than everyone. Well done Micheal ! My kind of guy.

  • @TheBaldr
    @TheBaldr 2 дні тому

    "Gaijin" CEOs of large Japanese companies don't last long. Most famous being Carlos Ghosn. Howard Stringer did try to give it a good run, still credited as ruining Sony.

  • @kerrykrishna
    @kerrykrishna Місяць тому +1

    What an amazing doc.

  • @N7eptune
    @N7eptune 26 днів тому

    Still have my Olympus camera and flash with its superior through the lens (TTL) control of exposure and the flash making it possible to do macro photography with the off the camera flash, [covered with a tissue], held close to the subject for accurate exposure, essential for taking slides, of a frog in a roadside drain at night. 😊 TTL also permitted multiple flash guns (connected with Olympus triple connections) and the addition of third party slave flash guns to light the background of a room for interior photography. The softening of light by using direct and bounced light turns night into day for interior photography. There is also the option to paint a background with a flash. For night photography the Olympus OM 2n is able to calculate the correct exposure up to two minutes. Never managed to obtain an Olympus with the automatic shutter release when the subject came into focus at the set distance, which I think was the OM 3 or 30. One of the great lenses is the 55mm f1.2 that gives great blurred background pics.😊

  • @Galindo-kj4ez
    @Galindo-kj4ez 29 днів тому

    Un gran descubrimiento. Gracias. Trajeron a Michael para que asumiera la culpa de todo lo que estaba podrido dentro de Olympus, pero no quiso cooperar (como en Japón) y formuló demasiadas preguntas. Obviamente, no me sorprendería que hubiera verdaderos Yakuza en la junta directiva y que hubieran estado sacando dinero de su alcancía corporativa. Después de todo, ¿quién permitiría que Olympus dirigiera fábricas y otras instalaciones de fabricación allí en Japón sin algún tipo de "protección"? Bien hecho, Michael. Resultó ser mucho mejor que los directores ejecutivos de Enron, que eran los verdaderos delincuentes. ¡Bravo!

  • @venancioduarte9553
    @venancioduarte9553 Місяць тому +3

    Corrupción....nadie, nungún país, ninguna empresa, está libre, solo algunas personas valientes como Woodruff pueden corregir, mientras tanto millones de personas por el mundo sufren las consecuencias!...

  • @gregvisioninfosoft
    @gregvisioninfosoft Місяць тому

    In the end, it was the shareholders who got ripped off. I would have imagined the shareholders would have demanded a new board to insure that future profits did not 'disappear'.

  • @southerneruk
    @southerneruk 21 день тому

    If you want the best camera, then that is a Pentax, David Bailey use to be the advertising face for Olympus Camera in the UK, but the only one's he had were the ones given to him, he uses Pentax, another good make that was better than Olympus was that Russian Company that made Zenith-E camera

  • @AmanAvilez
    @AmanAvilez Місяць тому +1

    ¡Excelente!¡Excelente!¡Perfecto!,muy bueno. ¡Felicidades!.

  • @ysaacwichmannantinao3502
    @ysaacwichmannantinao3502 Місяць тому +2

    DEBERIAS PRESENTAR UN DOCUMENTAL DEL CASO ODEBRECH EN LATINOAMÉRICA Y DE LOS ESCÁNDALOS VINCULADOS A "PARAISOS FISCALES" COMO EL CASO PANAMÁ PAPER Y OTROS ACONTECIDOS POSTERIORMENTE A ESTE .

  • @Ronilac
    @Ronilac 24 дні тому

    Being all the time well behind the events is so typical for academics... especially scandinavian

  • @djmomocrx
    @djmomocrx 27 днів тому

    The cameras, audio recorders and binoculars are no longer owned or controlled by Olympus Corporation or part of its overall product portfolio.
    Since January 2021 these products have been transferred

  • @JCC__BMX
    @JCC__BMX День тому

    Lo bueno es que la tecnología japonesa sigue siendo punta de lanza en muchas áreas. A pesar de que se pierdan millones, Olympus sigue como un cohete.

  • @djmomocrx
    @djmomocrx 27 днів тому

    Muy interesante, lastima que desactualizado, ahora que no existe la marca olympus en fotografía,

  • @TomPetty-ml6xc
    @TomPetty-ml6xc 20 днів тому

    Sus Cámaras eran lo máximo. .
    La digital de 5Mp era tan nítida . . Recién sueldos por los últimos celulares

  • @gregvisioninfosoft
    @gregvisioninfosoft Місяць тому

    Did anyone since learn what was the greater detail between the crime syndicate and Olympus? If so, I'd really like to know what the relationship was. Or the story.

  • @walterhernandez9867
    @walterhernandez9867 2 місяці тому +3

    So the title went in castillian... secretos corporativos... thanks guys! Muchas gracias! Es agradable de vez en cuando ver un documental narrado en un ingles britanico con pronunciacion perfecta... con un titulo en castellano. For once is nice to see a nicely narrated documentary with clean british accent with a tittle in castllian.

  • @anthort670
    @anthort670 Місяць тому +1

    ¡Gracias!

  • @sympathy4thedevil88
    @sympathy4thedevil88 2 місяці тому +2

    Olympus is a top of the line product. I have given these guys some leeway for what they built the business into

  • @djmomocrx
    @djmomocrx 27 днів тому

    The Life Science Solutions and Industrial Solutions products are no longer owned or controlled by Olympus Corporation or part of its overall product portfolio. These products are being marketed, sold and distributed by Evident.

  • @Ronilac
    @Ronilac 24 дні тому +1

    It is not about the Olympus... it is Woodford promotional adevtisement... his name appears much more often than Olympus...

  • @Galindo-kj4ez
    @Galindo-kj4ez 29 днів тому

    Lo que escuché en ese momento fue que el presidente estaba encubriendo sus grandes pérdidas en el juego de Las Vegas a través de algunas operaciones financieras cuestionables que involucraban a su empresa... sin embargo, no escuchamos nada al respecto...

  • @gregvisioninfosoft
    @gregvisioninfosoft Місяць тому

    Interesting story. Too bad most large corporations are involved in payola, pay to play, bribery, swelling a few 'consultants' off shore accounts. I was once a photographer during film era. I never had Olympus cameras. But I am a proud owner of a CX-41 microscope.

  • @plateoshrimp9685
    @plateoshrimp9685 Місяць тому +1

    I don't think that stashing your losses in a subsidiary company is a practice unique to Japan.

    • @peterrobbins2862
      @peterrobbins2862 Місяць тому +1

      I thought it was a standard corporate operating practice world wide

  • @albertocuenca7485
    @albertocuenca7485 2 місяці тому +2

    Algo me suena que este documental también esta "empujado" por Olympus para recuperar imagen .

    • @ae86takumi
      @ae86takumi 2 місяці тому +3

      Sus productos nunca perdieron su prestigio. Imposible caer . Aunque hagan algo monumentalmente mal , con seguir haciendo lo mejor luego y ignorar lo otro , la gente seguiría leal

  • @manolocast1999
    @manolocast1999 Місяць тому +3

    Yo tengo una cámara Olympus OM-D EM5 Mk3 y me encanta. Sin embargo se han atrasado mucho respecto al crecimiento tecnológico de las Mirrorless de otras marcas.
    Y ahora entiendo porqué sus nuevas cámaras ya no se llaman Olympus sino sólo OM, pues marca un claro después del escándalo.

  • @rajasimanta
    @rajasimanta 2 місяці тому +9

    President had as much power as janitor... Just a face

  • @Edo9River
    @Edo9River 3 дні тому

    I was right! I advised my brother-in-law not to take a CEO of a Japanese company in 1980s

  • @Alepo55
    @Alepo55 Місяць тому

    Mi primer cámara Pro fue una Olimpus 5 Megapixeles. Excelente calidad tenía

  • @goldengilmaky6788
    @goldengilmaky6788 17 днів тому

    This is still prevalent in Japan. Most of the companies are dying and they cook the books to stay relevant in the name of Japanese pride. If there is one thing you can’t trust at all in Japan, it’s data reports from the government or organizations. I always send the yearly report of our company to the trash.

  • @armandorey557
    @armandorey557 25 днів тому

    The owner of a Japanese company, hiring a British?? The Japanese's arrogance made him choose an experienced businessman, or he simply hired him to blame him for the embezzlement in the company. Without a doubt he underestimated the Englishman, given the characteristics of the English, he took him from Olympus to the abyss!!! And the entire board of directors.

  • @marcomiranda6574
    @marcomiranda6574 2 місяці тому

    I'm here, listening to this documentary, while using an Olympus microscope. Kinda scary.

  • @ricktandron3669
    @ricktandron3669 5 днів тому

    There is no greater insult in Japanese culture than the tuna sandwich in a bag. No side dishes.

  • @Sentinel-911
    @Sentinel-911 Місяць тому

    which Olympus camera has become a collector's item and what price it will fetch?

  • @DragonNegro1989
    @DragonNegro1989 21 день тому

    Dicen que resurgieron de las cenizas pero NUNCA se da a entender que la empresa estuviera al borde la quiebra por estás prácticas fraudulentas😅

  • @CherryBoyReloaded
    @CherryBoyReloaded 24 дні тому

    Again - well done...

  • @fabianvillegas5679
    @fabianvillegas5679 Місяць тому +1

    En Pepsi SLP México fui Auditor Operativo y saque a la luz,muchas practicas deshonestas ,pero contaba con el apoyo de la Dirección Regional y de la de Finanzas

    • @mikinomearcana4618
      @mikinomearcana4618 Місяць тому +1

      Y luego? Que sucedió?😮

    • @fabianvillegas5679
      @fabianvillegas5679 Місяць тому

      @@mikinomearcana4618 Se originaron bajas , procedimientos legales,se realizo nuevas Normas de Operación y controles

  • @Gonzalo_Parodi
    @Gonzalo_Parodi Місяць тому +1

    No es una docimengal de olympus, es una documental de woosford. . . 🤌🤦‍♂️

  • @antoniorivas9976
    @antoniorivas9976 Місяць тому

    Increíble que la Corrupción sea un mal de la humanidad …

  • @badneoaldo
    @badneoaldo Місяць тому

    Dudo que hayan cambiado, lo más probable es que aprendieron cómo manejar las cosas a su conveniencia.

  • @josedezer2908
    @josedezer2908 24 дні тому

    no entiendo a la gente como este hombre. por qué no renunció en cuanto tuvo la interna convicción del problema?

  • @marceloluche1969
    @marceloluche1969 2 місяці тому +1

    No dijo nada la venta de lentes a los alemanes en la guerra

  • @arturocejazepeda7438
    @arturocejazepeda7438 Місяць тому

    En su tiempo US y sus politicas economicas frente a Japon, provocaron muchos problemas y aunque no justifica la deshonestidad, orillo a algunas personas buenas a delinquir. Aumentar la apreciacion de una moneda frente al dollar no suele ser positivo...

  • @MorganGreen-lc2mc
    @MorganGreen-lc2mc 2 місяці тому +1

    Did woodford write this script...

  • @77910502
    @77910502 Місяць тому +1

    No me gustó el documental, se centra poco en lo técnico, y mucho en las cuestiones personalísimas del protagonista. El documental podría haber durado 15 minutos, tiene unos 25 minutos de relleno fútil.

  • @unviajeroweb533
    @unviajeroweb533 2 місяці тому +1

    Por qué hay comentarios en inglés si el vídeo está en español y no tiene subtitulos?🤔🧐

    • @nicolasmaidana43
      @nicolasmaidana43 2 місяці тому +3

      El video esta disponible en dos idiomas de audio: ingles y español. Dentro de las opciones puedes elegir que pista de audio elegir para escuchar.

    • @unviajeroweb533
      @unviajeroweb533 Місяць тому

      ​@@nicolasmaidana43Si ya revisé la app muestra la opción, ya que desde el navegador no aparece 👍.

    • @Rossy439
      @Rossy439 Місяць тому

      Lo mismo me acabó de preguntar 🤔🤭

  • @nebanav4164
    @nebanav4164 Місяць тому +1

    y esto es real? porque siempre el río suena y no se puede creer en la ingenuidad de un alto directivo que entra en el corazón de una empresa sin enterarse como se cuecen las habas, hasta un pasquín externo y extranjero se daba cuenta y no un tipo con 30 años dentro de la empresa. Esto es una historia de Hadas al puro estilo inglés...Esto debe haber sido un secreto a gritos...

    • @jaimeramos5292
      @jaimeramos5292 Місяць тому +1

      ¡Ni siquiera debió haber aceptado el puesto, o fue muy ingenuo o ya sabia lo que pasaba; es extraño que no supiera nada!

    • @nebanav4164
      @nebanav4164 Місяць тому

      @@jaimeramos5292 es difícil de creer que una situación como esa, no fuera conocida por los empleados, lo debió haber sabido hasta la señora de la limpieza, o el que llegaba una vez al mes a arreglar la fotocopiadora...insisto que se exculpa y hace un cuento de hadas

  • @christianmuhm258
    @christianmuhm258 Місяць тому

    It's very interesting, but the doc goes 2 minutes forward and 1 back all the time...

  • @beakt
    @beakt 20 днів тому

    Why are all the captions in Spanish?

  • @dan-bz7dz
    @dan-bz7dz 4 дні тому

    That was it? Seem like just any other financial scandal in Japan

  • @jorgeserrat7568
    @jorgeserrat7568 Місяць тому

    Tuve una cámara digital Olimpus y tomaba buenas fotos ,pero no buenos videos ,en esos tiempos los celulares todavía estaban en pañales respecto a cámaras,aún así las fotos digitales son mejores y realmente con 14vmegapixeles es mejor a las de celulares de 50 megapíxeles .

  • @luisesanz
    @luisesanz Місяць тому

    Lo que no acabo de entender es qué tiene que ver todo lo mostrado con la Yakuza. ¿Qué les pagaban?

  • @tonyb8660
    @tonyb8660 Місяць тому

    Anthony Soprano-san busted out Olympus like Ramsey's Sporting Goods

  • @mikinomearcana4618
    @mikinomearcana4618 Місяць тому

    Que consecuencias tiene que las empresas cometan fraudes ? Además de dañar sus finanzas y reputación? 😮 Afecta a la sociedad? Al gobierno??

  • @leonardofullenkamp5974
    @leonardofullenkamp5974 22 дні тому +1

    Todo lo que se dice al final respecto a la calidad de las cámaras es absolutamente una mentira. Las cámaras olympus son una tragedia. Constituyen la mejor manera de desperdiciar el dinero. No recomiendo a nadie comprar una cámara olympus. Quedó inutilizada antes de un mes de utilizarla y nadie respondió. Cara y mala.

  • @PikPikkabbu
    @PikPikkabbu 29 днів тому

    45:40mns: "hoy en día el precio de una cámara es una fracción de lo que solía ser". Ja ja ja, parece que el reportero tiene muy pocos conocimientos sobre el precio de las cámaras.

  • @XsolidusprX
    @XsolidusprX Місяць тому

    esto mas parece una lavada de cara para la reputacion del directivo extranjero que de la marca en si, no se cuantas veces han repetido lo buen tipo honrado y de grandes valores que era

  • @javimerinero
    @javimerinero Місяць тому

    Esto se puede contar en 15 minutos perfectamente.

  • @AschTB
    @AschTB 9 днів тому

    just a quick question. is this a AI voice or is it just me hearing something that is not there?