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Nikon expected to declare better-
than-anticpated pro�its
N
ikon’s profits between April-
September reduced by 27%
owing to the drop in the
sales of digital cameras in the North
American market. But sales generated
by higher-end models and a weak yen
decreased the expected loss. Nikon has
anticipated a group operating profit
of about 9.5 billion yen (US$79.
million) surpassing its previous
forecast of a 39% decline to 8 billion
yen (US$67.2 million).A difference has been observed in salesin Europe. The rise in the demand for
smartphones has reduced the demand
for low-end digital compact cameras.
The sales of D-SLR cameras and other
models with interchangeable lenses
have been affected because of a slow
global economy.Higher-end models relatively delivered
favourable profits in the first half.
However, sales of interchangeable lens
cameras dropped by 6% to 20.5 million
units. The profitability quotient rose
for mid-end and high-end sets pricedbetween 120,000 yen (US$1,008) and
150,000 yen (US$1,260). Profits for
economical models decreased. Group
sales increased by 4% to nearly 390
billion yen (US$3.277 billion) close to
the estimated 3.84 billion yen (US$184.
million). The weakening yen against
Euro supported their performance.Nikon is anticipating its operating profit
to reduce by 22% to 34 billion yen
(US$285.7 million). This is still 4 billion
yen (US$33.6 million) higher than the
initial forecast.Fujifilm reports profits for first half
of 2015-
Canon posts dwindling sales for Q
Fujifilm Holdings stated its profit
increased by 12.7% year-on-year
to 80.7 billion yen. Net profit went
up by 11.6% to 84.6 billion yen on
total group sales of 1226.1 billion
yen, which indicated a rise by 3.6%.
Fujifilm sold 400,000 units of digital
cameras in Q1. The number decreasedCanon Inc. announced a 15.6% decline
in its net profit year-on-year for Q3 of- The figure came up to 49.
billion yen. Profit in operation increased
by 7.6% to 77.259 billion yen on total
sales of 925.782 billion yen, which is a
6.1% gain. During Q3, despite a gradual
and positive turnaround in the sales of
interchangeable lens digital cameras
in Europe and Japan, severe conditions
prevailed in the other regions. Sales
to 340,000 units in Q2. On the whole,
sales were favourable in business
segments like imaging, medical,
graphics etc.In the imaging business, instant
photography was profitable for
cameras and films. This is attributedgenerated by the imaging systems
dropped by 4.2% to 302.4 billion yen.
Profit in operation decreased by 3.8% to
41.7 billion yen.With regards to MFDs and laser printers,
sales of colour machines were favourable.
However, sales of monochrome models
was sluggish. For the first nine months
of 2015, the company noted a 6.4%
drop in operating profits, which cameto the sales expansion in the
European and American markets.
The company also upped its sales
targets for the entire year from 4.
million units to 5 million. Fujifilm
is also shifting its product mix
to higher classes focusing on the
X-series.to approximately 248.186 billion yen.
Net profit decreased by 19% to 151.
billion yen. Imaging System business
sales dropped by 4.6% to 897.7 billion
yen. Operating profits also fell by 11%
to 121.3 billion yen. Sales volume of
interchangeable lens cameras plummeted
by 17% and compact models’ sales shrank
by 28%. Canon revised its outlook for sales
volume for the whole year to 5.5 million
units for interchangeable lens cameras.20
Smart PhotographyDecember 2015http://www.smartphotography.in