With the market for compact digital cameras rapidly shrinking, Olympus set its sales target for compact cameras at 2.7 million units for the current business year, compared with 5.1 million units in fiscal 2012. It will continue to focus on development and sales of mirrorless cameras, while drastically reducing its lineup of compact cameras.

via Olympus returns to black in fiscal ’12 but digital camera sales weigh – The Japan Times.