Charles Lannon
Olympus
7733-JP
TOP PICK
Jun 24, 2015
They have a camera business that is small and dwindling, but the lion share of profits comes from medical devices. A global leader in flexible endoscopes (over 70% global market share) and surgical endoscopes. Had a huge accounting and board scandal 3-4 years ago, and completely changed the board and senior leadership and cleaned up their books. Really starting to benefit from this. Dividend yield of 0.39%.
They have a camera business that is small and dwindling, but the lion share of profits comes from medical devices. A global leader in flexible endoscopes (over 70% global market share) and surgical endoscopes. Had a huge accounting and board scandal 3-4 years ago, and completely changed the board and senior leadership and cleaned up their books. Really starting to benefit from this. Dividend yield of 0.39%.