Gear Talk > Other
Next corpse Nikon?
Peter Forsell:
The ILC market has been in a free fall for quite some time and now COVID is slowing down all manufacturing and commerce. Olympus threw in the towel. Who will be next? Nikon is very vulnerable and very late to the mirrorless market and struggling to promote the new cameras. Extremely bad luck on timing with the transition from F to Z mount. Will Nikon Imaging see 2021?
John Geerts:
--- Quote from: Peter Forsell on June 25, 2020, 23:56:17 ---The ILC market has been in a free fall for quite some time and now COVID is slowing down all manufacturing and commerce. Olympus threw in the towel. Who will be next? Nikon is very vulnerable
--- End quote ---
Not true.
--- Quote ---and very late to the mirrorless market and struggling to promote the new cameras. Extremely bad luck on timing with the transition from F to Z mount. Will Nikon Imaging see 2021?
--- End quote ---
Irrelevant. Your post looks like what the Nikon-bashers always post
Read the financial statement: https://www.nikon.com/about/ir/finance/financial_statements/financialposition/index.htm
Netr:
Nikon as a company remains profitable. A quote from Thom Hogan:
"Much to the chagrin of the “Nikon will disappear” crowd on the Internet, the company overall booked US$5.4b in sales, and made US$62m in profit. No doubt there’s bad news in Nikon’s results—much like that of most big companies at the moment—but the financials they just reported show a lot of effort and control over their continued retraction that leaves them with reasonably healthy fundamentals. They have US$3.7b cash in hand and an equity ratio of 54%, with lines of credit still open should they need it."
From the May 28th article, http://www.bythom.com/articles-index-archive/2020-article-index/may-2020.html
Peter Forsell:
John and Netr, Nikon Imaging made a 17.1 billion yen loss in the latest fiscal year. What I am asking whether the Nikon Corp feels it is reasonable to throw good money after bad to keep the Imaging alive, or would shareholders be more happy if they shut it down? Just like Olympus did. Olympus Medical and Olympus Corp made record profit, but Olympus Imaging is no more after a 10 billion yen loss.
Nikon Imaging had almost 40 % market share out of 20 million unit ILC sales in 2012, now the share is under 20 % of 4 million units. Next year the worldwide ILC sales will still be shrinking still.
How is it bashing to ask a clear question? That accusation is borderline ad hominem.
Canon and Sony are safe, Canon because of it’s mass and volume, Sony because it is market leader in mirrorless. Nikon Imaging is a distant third and bleeding. Leica probably is safe because they sell bling with huge margins and there’s always buyers for bling.
Hugh_3170:
Whilst it is not an absolute guarantee of survivability, Nikon is a very important member of the very powerful Mitsubishi keiretsu.
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