Sigma Corporation, the Japanese camera and lens maker, will remain under the founding family's control despite the death of the company’s patriarch and chief executive, Michihiro Yamaki, who died of cancer on 18 January at the age of 78.
In a statement released on 27 January, Sigma Corporation said the ownership and management of the firm will remain with the Yamaki family.
"Yamaki will be sadly missed but his energetic, capable and compassionate leadership style will be carried forward by his son, Kazuto Yamaki," the company said.
Michihiro set up the family business, which produces lenses for its own range of cameras as well as models compatible with brands such as Canon, Nikon, Olympus and Pentax, in 1961.
Since then, the Fukushima-based company has grown into one of the world’s biggest camera manufacturers and the leading lens maker for third-parties cameras.