How small is Nikon

Started Feb 25, 2009 | Discussions thread
Shop cameras & lenses ▾
ForumParentFirstPrevious
Flat view
whvick Veteran Member • Posts: 4,949
How small is Nikon

"Court papers suggest that Ritz Cameras owes over $40 million to its two largest creditors: Nikon Inc. and Canon USA, with a further $8.4 million owed to Fujifilm USA, a subsidiary of which owns around a third of the company. To put the $26.6 million owed to Nikon Inc. into perspective, it would represent somewhere in the region of 20% of Nikon Inc's expected annual operating income."

I was surprised that Nikon INC was not a much larger company....say in the billions, not 130 million. I had pictured Nikon and Canon as hugh multibillion dollar companies. Am I misunderstanding this? Is this worldwide or just Nikon USA? Is Canon a lot bigger?

Some of you economic and business guys fill me in.
Thanks
whvick

 whvick's gear list:whvick's gear list
Canon EOS 5D Canon EOS 20D Canon EOS 50D Canon EF 85mm f/1.8 USM Canon EF 24-85mm f/3.5-4.5 USM +4 more
ForumParentFirstPrevious
Flat view
Post (hide subjects) Posted by
FTW
FTW
FTW
ForumParentFirstPrevious
Keyboard shortcuts:
FForum PPrevious NNext WNext unread UUpvote SSubscribe RReply QQuote BBookmark MMy threads
Color scheme? Blue / Yellow