Will Nikon be out of business in 5 years?

Started Oct 28, 2013 | Discussions thread
Jeff
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Re: Will Nikon be out of business in 5 years?
In reply to Bill Robb, Oct 30, 2013

Bill Robb wrote:

Jeff wrote:

Bill Robb wrote:

Jeff_Donald wrote:

Just something to think about when a company is so "invested" in just one business and not diversified.

Christopher Chute from market intelligence firm IDC predicts Nikon may be out of business in 5 years if the trend continues.

“You’re talking about a 10-15% decline in DSLR shipments all over the world. Which is kind of shocking because that market’s been growing double digits for almost ten years. Nikon recently said they have a five year plan to address this. And my view is, that five year plan should have come out five years ago. They’re not going to be around in five years.”

Let's hope for the industries sake that this is not the case.

Nikon is invested heavily in cameras and not much else because they are the camera division of Mitsubishi heavy industries. They aren't going anywhere.

This is an impressively wrong interpretation of the Mitsubishi kieretsu.

If you go to the Mitsubishi website, you will find Nikon Imaging Japan, Nikon Corporation, etc listed as part of the Mitsubishi group of companies. You can call it a kieretsu if you like, it doesn't change that Nikon is owned by Mitsubishi.

On that same website, you might want to click on the "About Mitsubishi" link. http://www.mitsubishi.com/e/group/about.html.  To save you some trouble, here are two items from that page --

  • Is Mitsubishi a single company?
  • 01.No. "Mitsubishi" is a community that consists of a multitude of independent companies. The names of most - but not all - of those companies contain the word "Mitsubishi." And many of the companies use the three-diamond Mitsubishi mark. But none calls itself simply "Mitsubishi."

and

  • Do the Mitsubishi companies have some kind of decision-making body that determines overall policy for the companies?
  • 04.No. But all the companies honor the Three Principles prescribed by Koyata Iwasaki, the Fourth and final president of the old Mitsubishi organization: 1. Corporate Social Responsibility, 2. Integrity and Fairness, and 3. Global Understanding through Business.

Nikon is not owned by Mitsubishi. It's an independent company publically traded on the Tokyo Stock Exchange. You can buy shares and be an owner, too.  They'll even pay you dividends.

Here's another way to think of it. Are you the member of any organization, say a religious organization, or the alumni group of a school?  If so, would you say that you follow their principles?

If so, would you say that they owned you?

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