MT Shooter wrote:
Last quarter reports of sales show across the board sales drops, with Sony coming out on the short end of the stick overall, Canon compacts took the biggest segment hit:
Nikon system cameras down 11.1%
Nikon lenses down 10.1%
Compact cameras down 11.1%
Sony digital cameras down 27.2%
Canon system cameras down 17%
Canon compact cameras down 29%
The numbers are hard to compare since there are several factors at play. Sony reported fewer cameras being sold. But a higher percentage of those cameras were high end A7Rii and A7Sii which skewed the profit numbers as well as the more favorable exchange rate.
Here are the Sony figures I am seeing: (dated Oct 29, 2015)
They are reported as Q2 and perhaps Sony uses a different calendar year since the numbers are dated Oct 29.
from:
http://www.dpreview.com/articles/0427556344/sony-s-latest-financial-results-show-camera-unit-sales-down-operating-income-upSony has released its Q2 2015 financial results, posting a 3% decline year-on-year in imaging product sales on a constant currency basis. However, demand for high-value added models, favorable exchange rates and internal cost reductions led to a bump in that group's operating income - up to ¥25.9bn ($216m) compared to 20.1bn this time last year. Overall, the company has posted an ¥88bn operating income at the end of its second quarter.
Looking ahead, Sony has cut its forecast for the imaging division's financial year. It predicts ¥720bn in sales, a ¥10bn reduction of the forecast made in July, but pins the blame on the impact of changing foreign exchange rates for the decrease. The company has actually increased its unit sales prediction for the year, but believes changes in exchange rate will offset some of the value in those sales. Sony has also raised the segment's operating income forecast, counting on the continued shift toward higher value models to push profitability upward.
As for Canon:
http://www.imaging-resource.com/news/2015/10/30/and-now-canons-real-q3-2015-financial-resultsIn regards to Canons imaging division, the numbers tell a story weve been hearing for a number of years now sales are down and not necessarily looking any brighter. Third quarter camera sales came in at 302 billion yen, a decrease of 4.2% year-over-year. Operating profits of the imaging division also took a hit, down 3.8% year-over-year. For the year to date, the numbers look even worse, with sales dropping 4.6% and operating profit down 11%.
An here are some Nikon numbers:
Nikon has become the latest camera maker to report falling demand in a shrinking market.
image:
http://keyassets.timeincuk.net/inspirewp/live/wp-content/uploads/sites/12/2015/08/Nikon-D750-547x400.jpgNikon D750
The Nikon D750 saw an upswing in sales
Global demand for Nikon interchangeable-lens digital cameras dropped 11.1% for the three months to 30 September 2015, while unit sales of Nikon lenses fell 10.1% compared to the same quarter a year earlier.
Nikon sold 960,000 interchangeable-lens digital cameras from 1 July-30 September 2015 and 1.33 million lenses.
However, Nikon said the D750 and D7200 DSLRs saw an upswing in sales.
Compact camera demand also declined by 11.1%, according to financial results published on the Nikon website.
The firm explained that net sales for the Imaging Products Business dropped 5% year-on-year owing to the impact of the shrinking market.
Although operating income was higher than initially projected, due to improvement in the product mix and cost reduction, it declined 11.9% year on year.
Last month, Sony reported that unit sales of its digital cameras fell 27.2% for the three months to 30 September 2015 compared to the same quarter last year.
And demand for system cameras at Canon fell 17% from June to September 2015 compared to the same period a year earlier.
Unit sales of compacts fell 29%, while total digital camera sales at Canon declined 24%.
Read more at
http://www.amateurphotographer.co.uk/latest/photo-news/nikon-is-latest-camera-maker-to-suffer-sales-drop-65540#8fqA5mmbyz0X5cxI.99