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.
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.
Honestly, I've not found engineers too concerned either, at least not those who suckle at the teets of the sow known as the government purse. It's a common self-interest trait, not addressed by assigning it as a stereotype of any particular group.
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.
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.
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.
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 .
@@wilimliao1666los yakuza hacen negocios a plena vista, hasta tienen oficinas y todo. Algunos lugares los yakuza hacen más por la gente que el propio estado japonés.
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.
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
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.
@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.
@@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.)
@@DaveEtchells If management hadn't been crucified by the gaijin whistleblower, Olympus cameras would be at the pinnacle of genius today. Losing money, of course. We live in a smartphone world. But still creating new and exciting, superlative camera equipment. For you and me.
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!
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.
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.
There was never any Yazuka. Olympus just invested poorly in the late 80s and 90s and then concealed those losses using an accounting practice called tobashi (explained in the video). During the 80s/90s, many Japanese corporations relied on investments to bolster dwindling exports that eroded by a strong yen. Shimoyama, former Olympus president admitted "When the main business is struggling, we need to earn through zaitech" (meaning financial engineering).
@@langmod Interesting. There were some *very* shady shell companies that had huge amounts of cash flowing out of Olympus. They weren’t just doing zaitech, someone made off with a massive pile of cash in the process. But yeah, Olympus did a crazy amount of financial manipulation, and cooked their books on top of it. It’s a shame, they were a truly great company at one time 😢
@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.
@@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.
@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.
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 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.
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.
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.
4/3 only had compatibility with other systems through adapter rings. I still have my E5. It's one of my favorite cameras, but it isn't without its limitations.
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
Used to work for olympus in the uk till some Japanese bosses came to visit the company when I said hello the guy ignored me like I wasn't even there so I left shortly after that I wasn't going to work for such rude people 😑
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.
¿¿¿ 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 .
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
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 .
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.
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.
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.
I worked for a biotechnology company in the states that Olympus bought in 2010. Mr Woodford visited the facility in 2011 and seemed genuinely surprised that we actually were a legimate company. We were however struggling financially. We had a state of the art facility but were not selling enough of our product, a bone morphogenic protein we called OP1, to pay for the building that produced it. We were selling $20 million in product per year but the facility cost $100 million per year to run. There was some discussion that we would begin producing some other biotechnology products that Olympus owned but then the scandal hit and I and most of the other employees were laid off. On the up side as a long time employee I was given a 1 year severance with health insurance. No American company would have been as generous.
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
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
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.
@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.
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.
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.
"It's hard to see how that could happen anywhere else other than Japan." Seriously? OMG! I 'see' it ALL the time in the U.S. I experience what Michael described feeling, but every single day, with no end in sight. There is not one iota of difference between the media there and here. Local media is beholden to, and fears, the local power structure; whereas no outside media cares about matters that seemingly is of no interest to their patrons, that along with the fact that good minds are hard to find among those who make a living in the news media.
*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...*
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
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!...
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 .
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
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'.
Shareholders are often companies part of the same corporate group(zaibatsu) rather than unrelated individuals, so they are willing to forget about problems to support the group.
This is an established pattern with Olympus by now. They will not change until prosecutors pierce the veil and go after the individuals who drive this behavior. This is being treated as a company issue, when it is an issue with leadership.
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
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.
So the chairman hired him, paid him a good salary, a good title (which we’re meaningless) with maybe the hope he wouldn’t notice the financial Shenanigans…and perhaps make him the fall guy later?! Wow, cold blooded! That’s said, the chairman didn’t do enough research…dude couldn’t be bought by titles or money, which was the chairman’s biggest mistake…most people would be like, “well at least I’m getting paid”! Clearly, the chairman was wrong.
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.😊
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.
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...
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.
Likes of Woodford, Ghosn, if you’re being asked to head a company as a foreign executive in Japan, be very careful. Your life is about to change, not in a very good way.
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.
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.
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.
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.
nothing like watching a british man who doesn't know the meaning of literal, but does know the complex symbolism of tuna sandwiches and cellophane wrapping, do an asian accent.
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.
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.
Completamente de acuerdo, trabajé con un microscopio Olymus durante 15 años. Una maravilla de equipo.
So you paid 4k to support institutionalized encountered rqcism and cultural appropriation.
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.
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.
Honestly, I've not found engineers too concerned either, at least not those who suckle at the teets of the sow known as the government purse. It's a common self-interest trait, not addressed by assigning it as a stereotype of any particular group.
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.
Just like with individuals. Good reputation built over years of good work gives you some protection from your own mistakes.
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.
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.
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 .
Ahora sabemos la importancia de la rebeldía
Será que esos negocios eran de la yakuza??
@@wilimliao1666los yakuza hacen negocios a plena vista, hasta tienen oficinas y todo. Algunos lugares los yakuza hacen más por la gente que el propio estado japonés.
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.
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
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.
@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.
@@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.)
@@DaveEtchells If management hadn't been crucified by the gaijin whistleblower, Olympus cameras would be at the pinnacle of genius today. Losing money, of course. We live in a smartphone world. But still creating new and exciting, superlative camera equipment. For you and me.
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!
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!
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.
Japan has not eliminated them. How would Olympus have managed that?
@@JohnDoryPsh There's the answer.
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.
There was never any Yazuka. Olympus just invested poorly in the late 80s and 90s and then concealed those losses using an accounting practice called tobashi (explained in the video). During the 80s/90s, many Japanese corporations relied on investments to bolster dwindling exports that eroded by a strong yen. Shimoyama, former Olympus president admitted "When the main business is struggling, we need to earn through zaitech" (meaning financial engineering).
@@langmod Interesting. There were some *very* shady shell companies that had huge amounts of cash flowing out of Olympus. They weren’t just doing zaitech, someone made off with a massive pile of cash in the process. But yeah, Olympus did a crazy amount of financial manipulation, and cooked their books on top of it. It’s a shame, they were a truly great company at one time 😢
The poster child for fraud in Japan is the Nissan conglomerate.
@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.
I thought Blue Archive and Genshin were Japan's poster children 😄
@@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.
@@TrimeshSZ Japan is behind those warrants.
@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.
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.
Company have no power over what is going on in personal life.
They didn't want him to know what they were doing or saying.
He should have done the course anyways and not told them.
@@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.
@@gavinjenkins899 Cite law that states i am wrong.
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.
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.
4/3 only had compatibility with other systems through adapter rings. I still have my E5. It's one of my favorite cameras, but it isn't without its limitations.
this is simply not true, there were always MANY other choices for wildlife photogprahy
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
Animo bro. Gracias x tu experiencia. Nos. Sirve.. aquí en México está pasando y el seudocapitalistas están explotando. Nuestros recursos.
It is just how Capitalism Works
Him being made president should have been the 1st red flag.
Ask Carlos Ghosn about that.
Who is that?@@fantabuloussnuffaluffagus
@@elbello1975 Fall guy/CEO at Nissan.
Just like Biden, who in the heck made the decision to push him to the front of the Democratic party and WHY???
Definitivamente la señal clave, fue esa.
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.
It’s a wholly different level of dedication. Would be hard to understand for an American.
Used to work for olympus in the uk till some Japanese bosses came to visit the company when I said hello the guy ignored me like I wasn't even there so I left shortly after that I wasn't going to work for such rude people 😑
what a glorious moment where everything lined up to setup a gaijin to knock down the hypocrisies Japanese culture. bravo sir.
Welcome to the real Japan!
Jajajajajaj jajaja
Thanks for the dual audio.❤
¡Gracias!
Japan’s mindset hasn’t changed much since the early 20th century
They're working on increasing homelessness and incarceration, infant mortality and unemployment, but progress remains agonizingly slow.
Thats one brave man.
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
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.
What kind of thing do you have in mind? Fraud. Paying for "comfort services". Bugging competition. That kind of thing?
¿¿¿ 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 .
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
Desgraciadamente, por qué la mayoría de las personas prefieren ver videos de gatos..! U otras estupideces..!🤔😐
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 .
Tiene un mes, debe ser por eso.
I DONT KNOW MAYBE IF WE YELL AT PEOPLE THEY WILL WATCH THE DOCUMENTARY! HEY YOU WATCH THE DOCUMENTARY!!!
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.
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.
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.
I worked for a biotechnology company in the states that Olympus bought in 2010. Mr Woodford visited the facility in 2011 and seemed genuinely surprised that we actually were a legimate company. We were however struggling financially. We had a state of the art facility but were not selling enough of our product, a bone morphogenic protein we called OP1, to pay for the building that produced it. We were selling $20 million in product per year but the facility cost $100 million per year to run. There was some discussion that we would begin producing some other biotechnology products that Olympus owned but then the scandal hit and I and most of the other employees were laid off. On the up side as a long time employee I was given a 1 year severance with health insurance. No American company would have been as generous.
Olympus cameras are now OM Solutions. I have several Olympus 4/3 cameras and lots of lenses but I am not going with "Solutions".
What an amazing doc.
Very beautiful documentary! Highly interesting
I still own an Olympus OM-1 I bought in the early 70s. It needs a little restoration.
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
Never trust the brits. They are corrupt and a selective memory of history.
Weird comment.😂
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
Thank you. Informative video. We must ask ourselves, what would you have done in Woodford's shoes.
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.
Why are all the captions in Spanish?
It is not about the Olympus... it is Woodford promotional adevtisement... his name appears much more often than Olympus...
now lets talk about the US govt and where all the money is going...
Agree, we don't need higher taxes? We need to know where the USA government money is going?
@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.
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.
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.
"It's hard to see how that could happen anywhere else other than Japan." Seriously? OMG! I 'see' it ALL the time in the U.S. I experience what Michael described feeling, but every single day, with no end in sight. There is not one iota of difference between the media there and here. Local media is beholden to, and fears, the local power structure; whereas no outside media cares about matters that seemingly is of no interest to their patrons, that along with the fact that good minds are hard to find among those who make a living in the news media.
*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...*
I kept waiting to see where the money was going and they never mentioned it.
I had ultrazoom by Olympus in 2010th. And I loved it!
I wonder why there was no class action lawsuit by shareholders against the company in the US
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
Hola que interesante su contenido sería posible ver más video en español 😢 saludos desde Guadalajara México
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.
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
Siempre pensé que Olimpus era alemana. Todos los días se aprende algo nuevo
A lot of corruption is hidden behind the labels “tradition”, “culture” and “we’ve always done it that way”
which Olympus camera has become a collector's item and what price it will fetch?
Ratting on a secretary for using office stamps for personal mail is being a snitch not a whistleblower.
I remember the magnificent Olympus binocular microscopes!
It's not just the reputation of the corporations. Even the very integrity of the financial news media industry was put into question.
Por qué hay comentarios en inglés si el vídeo está en español y no tiene subtitulos?🤔🧐
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.
@@nicolasmaidana43Si ya revisé la app muestra la opción, ya que desde el navegador no aparece 👍.
Lo mismo me acabó de preguntar 🤔🤭
The same thing happened at Renault/Nissan.
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!...
I'm here, listening to this documentary, while using an Olympus microscope. Kinda scary.
SILENCIO... Comenzó mi novela.
Quiero todos los videos de este canal con subtitulos en español por favor 🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻
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 .
so the best underwater photography of mine for 20 years ='s I lied to myself...deceiving
President had as much power as janitor... Just a face
Did woodford write this script...
Algo me suena que este documental también esta "empujado" por Olympus para recuperar imagen .
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
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'.
Shareholders are often companies part of the same corporate group(zaibatsu) rather than unrelated individuals, so they are willing to forget about problems to support the group.
This must be pretty old. She references the Dodd-Frank Act at the end there but it has since been gutted.
I don't think that stashing your losses in a subsidiary company is a practice unique to Japan.
I thought it was a standard corporate operating practice world wide
¡Excelente!¡Excelente!¡Perfecto!,muy bueno. ¡Felicidades!.
olympus sold their camera business in 2021 to OMDS.
This is an established pattern with Olympus by now. They will not change until prosecutors pierce the veil and go after the individuals who drive this behavior. This is being treated as a company issue, when it is an issue with leadership.
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
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.
Spanish, no me seas estupidito
So true
So the chairman hired him, paid him a good salary, a good title (which we’re meaningless) with maybe the hope he wouldn’t notice the financial Shenanigans…and perhaps make him the fall guy later?! Wow, cold blooded!
That’s said, the chairman didn’t do enough research…dude couldn’t be bought by titles or money, which was the chairman’s biggest mistake…most people would be like, “well at least I’m getting paid”! Clearly, the chairman was wrong.
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.😊
Muy interesante, lastima que desactualizado, ahora que no existe la marca olympus en fotografía,
Yet this happens everyday in almost every big corporation something is wrong with this system.
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.
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...
Being all the time well behind the events is so typical for academics... especially scandinavian
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.
Likes of Woodford, Ghosn, if you’re being asked to head a company as a foreign executive in Japan, be very careful. Your life is about to change, not in a very good way.
Again - well done...
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.
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.
Olympus user since 2013
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.
Mi primer cámara Pro fue una Olimpus 5 Megapixeles. Excelente calidad tenía
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.
just a quick question. is this a AI voice or is it just me hearing something that is not there?
Sus Cámaras eran lo máximo. .
La digital de 5Mp era tan nítida . . Recién sueldos por los últimos celulares
It's very interesting, but the doc goes 2 minutes forward and 1 back all the time...
The real Yakuza behind the Yakuza.
MORALEJA 1: no contrates a un gringo como alto directivo en empresa japonesa
Nice video. But not very descriptive of the actual money that was sent out of Olympus.
No dijo nada la venta de lentes a los alemanes en la guerra
Increíble que la Corrupción sea un mal de la humanidad …
How old is this? Just the techniques, hair, and colors - seems like early 90's or older...
nothing like watching a british man who doesn't know the meaning of literal, but does know the complex symbolism of tuna sandwiches and cellophane wrapping, do an asian accent.
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.
If you think Japan is all about honesty, think again. You won't have to try very hard to remember the Nissan case.
I was right! I advised my brother-in-law not to take a CEO of a Japanese company in 1980s