Smart Photography 201707

Chairman of Nikon Corp resigns

Sales of mirrorless cameras

increase by 68%

N

ikon Corp. had earlier

announced that the

Chairman of the

company—Makoto Kimura

will be stepping down from the

position by the end of June. Kimura

volunteered for the resignation

and he will remain to be an

adviser to the company. According

to the reports, the position of

the Chairman of Nikon Corp.

will temporarily remain vacant.

During his tenure of presidency

from June 2010 to June 2014,

Nikon recorded the highest sales

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2013, surpassing 1,000 billion

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machinery business began to

show sluggish performance. The

company has decided to restrict

the business, laying off 1,

jobs. Makoto Kimura has set the

route for structural reforms as

theChairman and has decided to

entrust the further restructuring

to the management. Nikon also

announced that it will set up a new

business division like Healthcare

by combining the Medical Business

Promoting and Microscope

Solution Departments.

A

ccording to the

statistics released by

Camera & Imaging

Products Association of Japan,

total shipments of mirrorless

cameras in April rose around

70% year-on-year in terms of

both units and value, driven

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of around 80%. in Japanese

domestic market, D-SLR

camera decreased by 34.4% in

unit and 42.7% in value while

mirrorless models gained

17.5% and 16.4%, respectively.

As a result, interchangeable-

lens camera total declined by

17.2% and 27.4%. The lens-

mounted all-in-one camera

sales maintained just a 6.5%

decline in unit, and value

rose 2.4% due to favourable

business in foreign markets. In

the global markets mirrorless

cameras sales showed a steady

trend while D-SLR camera

sales maintained a 90% level

of the previous year, making

the total interchangeable lens

camera sales increase level

to 10%. Sales of mirrorless

cameras in the global markets

has been favourable, gaining

over 70%. In all-in-one camera

sales, those in Europe and

Americas declined by around

10% while those in Asia and

other countries increased by

a single digit and more than

130% in unit, respectively.

Canon Inc. announced that the company

intends to repay about 100 billion

worth of interest-bearing debt during

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Canon announced its decision based on

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with Toshiba Medical Systems Co. in

2016, its interest-bearing debt increased

to a great extent (up to 653.2 billion yen)

as of March 31, 2017. Canon Inc. will

be making plans in order to improve its

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Sharp Corp. has announced that its

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year 2016 ended on March 31, 2017

turned black from the loss of 161.

billion yen to 62.3 billion yen on total

sales of 2,461.5 billion yen, a 16.7%

year-on-year decline. It posted net

loss of 24.8 billion yen, narrowing

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loss of 255.9 billion yen. Recovery

was seen in the latter half of the

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the merger with Hon Hai Precision

Industrial Co.

Panasonic Corp. has

announced that the total sales

for the fiscal 2016 ended on

March 31, 2017 posted a 4%

decline year-on-year to 7,

billion yen, operating profit fell

17% to 343.6 billion yen and

net profit down 10% to 149.

billion yen. Forecast

for fiscal 2017 to end on

March 31, 2018: Sales 7,

billion yen, operating profit 335

billion yen and net profit 160

billion yen.

Canon to

cut interest-

bearing debts

in current

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Sharp reports

declined

operating

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Panasonic

records

declined sales

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18 http://www.smartphotography.in

Smart PhotographyJuly 2017

18

Smart PhotographyJuly 2017

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