Dr J
Loc: NE Florida
CHG_CANON wrote:
Buying a Nikon doesn't make you a better photographer. It makes you a future former Nikon owner.
Your repetitive comments about Nikon and mirrors are getting a bit stale.
olemikey
Loc: 6 mile creek, Spacecoast Florida
Jim70 wrote:
I'm a lot more concerned with me surviving 2021 than Nikon!
Yes, that is a big concern for all!!!!
Nikon will survive, I think they have the resilience...........
... “Overall, Nikon Corporation recorded ¥591B in revenue and ¥6.7B in operating profit. These numbers align with what Nikon’s updated forecast suspected and are a decrease of ¥117.6B and ¥75.9B, respectively, year-over-year (YOY).”...and just to help the B stands for billions...I am more concerned with my local family businesses...especially restaurants...who won’t survive another shut down...keep the faith...
LEWHITE7747 wrote:
Will they survive 2021
I am sure they will continue. All optical companies have several product lines. If camera sales drop off they just need to sell a few super expensive medical devices to make up the loss. Say, who makes electron microscopes? Ziess. Like a few exotic automobiles, you only need to sell a few per year. Toilet paper, a lot.
LEWHITE7747 wrote:
Will they survive 2021
Why do you keep trolling?
LEWHITE7747 wrote:
Will they survive 2021
A little long but easy reading.
Looking at the first half (H1) of Nikon’s Imaging Products Business’ FY2021, the company reported revenue of ¥64.4B ($615M) and an operating loss of ¥27.4B ($261M). This puts revenue above Nikon’s ¥55B forecast, but it seems expenses outpaced gains, as the company had previously forecast an operating loss of only ¥20B. Unit sales for H1 were also down across the board, with 380K ILC, 120K compact cameras and 610K interchangeable lenses being sold. That’s down 52.5%, 76% and 53%, respectively, compared to H1 FY2020.
While the operating loss looks grim, it needs to be placed in context. Nikon cites ‘impairment losses on production equipment at production sites in Thailand, etc.’ as the reason for over half of this loss (¥15.6B, to be precise). These ‘impairment losses’ suggest Nikon is depreciating or downright writing-off the value of manufacturing equipment at its Thailand factories. Given the transition to new lines for mirrorless products, this isn't a huge surprise. It’s likely the equipment Nikon is depreciating is that it used to produce its DSLRs (we know that Nikon is using new, more automated assembly lines for at least some of its Z series mirrorless cameras).
Nikon will be around for a while.
LEWHITE7747 wrote:
Will they survive 2021
Nikon will be here after you are gone, which could be sooner that you think.
"Buying a Nikon doesn't make you a better photographer." Buying another camera does not either.
"Nikon decision to concentrate only on full frame mirrorless is very perilous." I do not believe that Nikon will concentrate on mirrorless only. They have been very successful selling cameras for professionals.
All camera companies have had issues with the poor camera market although some have done better than others. The pandemic came to aggravate things even more. Mirrorless has called the attention of professionals because of the small size of the cameras and the convenience of using a small package with results pretty similar to those of dSLR bodies. Many professionals feel comfortable using their dSLR bodies though.
I am not into the finances of any of the camera companies so I cannot tell if they will have a brilliant future. Nikon has been always a solid company with an excellent world wide reputation and till now their products have sold well.
I am not concerned about their finances and I am sure better days are ahead.
joecichjr
Loc: Chicago S. Suburbs, Illinois, USA
LEWHITE7747 wrote:
Will they survive 2021
If THEY don't, WE will, and you'll still be able to take pictures using cameras from whoever IS making them in whatever form😱
Fear is only as deep as the mind allows.
LEWHITE7747 wrote:
Will they survive 2021
Will they survive January?
Nikon doesn't seem to be to interested in sales. I don't think that I am the only person that wants to buy Nikon equipment but can't do so.
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