Will Nikon be out of business in 5 years?

Started 11 months ago | Discussions thread
meland
Senior MemberPosts: 3,602
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Re: Nikon is one of the two most profitable camera companies...
In reply to marike6, 11 months ago

marike6 wrote:

Nikon is one of the two most profitable camera companies in the world so if the assumption is that Nikon will be out of business in 5 years so will ALL of the other companies who aren't even profitable now in the digital age.

Nikon is one of the oldest camera companies having been around since 1917. They have influenced and adapted to every single change in the market and they will adapt to a decrease in compact sales just fine. Compact are only a small part of Nikon's business.

And they don't only make cameras, but also produce world class optics, and are one of world's largest manufacturers of steppers, which are used for semiconductors.

Smartphones (which I'm not sure should even qualify as real cameras) will affect only a small part of Nikon's overall business. And since they make optics, enthusiast cameras, and support a huge network of professional photographers with their SLR system, they will be just fine.

Nikon's net income and revenue are all up, something the armchair Nostradamus who wrote the IDC article neglected to mention.

Profit?

Besides that, Nikon is owned by Mitsubishi, Japan's largest trading company for whom Nikon is still extremely profitable, unlike some other camera companies / camera divisions...cough, cough...Olympus, Sony, Panasonic, Samsung, Pentax.

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