OM Digital Solutions, known for its Micro Four Thirds OM System cameras, announced its shareholder structure has changed. This corporate shakeup comes with former Olympus and current OM Digital Solutions President and CEO Shigemitsu Sugimoto becoming the largest shareholder and taking charge of the company’s management.
Purpose of changes in shareholder structure
OM Digital Solutions describes this change as a transition for the company to a system where the current management team, especially with President Sugimoto, holding control under their own responsibility, establishing a management foundation that enables faster and more flexible decision-making. The company also stated that it will further strengthen its investment in technology development and promote business growth strategies from a medium- to long-term perspective.
Furthermore, this matter will not result in any changes to the company’s legal entity, trade name, address, representative, business activities, or basic terms of business with its business partners and customers. Building on the achievements of its business operations to date, the company aims to achieve further business growth and improve the value it provides.
The company expressed its deep gratitude to all those who have supported its business as shareholders, and stated that it will continue to strive for sustainable corporate value enhancement in order to meet the expectations of stakeholders, including customers, business partners, shareholders, and employees.
