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Nikon’s profits are down
Posted by: pRICE cUBE
Date: May 10, 2019 08:16AM
They probably won’t be the only camera maker seeing lower profits either.


Nikon Corporation held its latest earnings call earlier today and has since published the full financial details for its fiscal year (FY) 2019, which ran from April 1, 2018, to March 31, 2019. Though many numbers were positive, Nikon's Imaging Products Business segment was the glaring exception with a substantial revenue decrease of 17.9% compared to FY 2018.

The Nikon Imaging Products Business reports revenue of ¥296.1B for its most recent fiscal year, a ¥64.6B decrease year-on-year. Though sales and revenue for full-frame cameras experienced growth over the last two years, Nikon reports falling ¥8.9B short of the sales forecast for its interchangeable lens cameras and lenses.

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Re: Nikon’s profits are down
Posted by: robfilms
Date: May 10, 2019 12:13PM
i can well see nikon (along with olympus and pentax/ricoh) being out of the camera business within...


especially with the much deeper pockets of their competitors canon, panasonic, sony and fuji.

single product optic oriented camera makers are going to be severely challenged.

darwin at work!

thumbs up.

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Re: Nikon’s profits are down
Posted by: mikebw
Date: May 10, 2019 02:38PM
Not to mention the increasing sophistication of the cellphone camera.
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Re: Nikon’s profits are down
Posted by: mrbigstuff
Date: May 10, 2019 02:44PM
It's unclear from that article if there are separated divisions for their other businesses, but Nikon always had a good market for medical instruments and other commercially specialized equipment.

Hurts like a bastid...
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