hcoley
Senior Member
That would take a lot of users, or some with really deep pockets. But I like the thought of it.
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'I got a Pentax camera. I love to take a photograph, so mama don't take my Photoshop away.'
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'I got a Pentax camera. I love to take a photograph, so mama don't take my Photoshop away.'
This info is directly from one of the board of directors. And those who have someone working in Pentax japan, ask them what their bonus is! 
James O'Neill
Veteran Member
If hoya only wants medical and not imaging they could negotiate that.
If they want to buy all of Pentax and then sell imaging this is not a good way to start negotiations with a new buyer .
So the guy said it's not their aspiration to be in loss making business - not really news is it ? If he'd said "yes we're so committed to the camera business that we'd let it bring the whole company down rather than sell it" now THAT would be news.
If they want to buy all of Pentax and then sell imaging this is not a good way to start negotiations with a new buyer .
So the guy said it's not their aspiration to be in loss making business - not really news is it ? If he'd said "yes we're so committed to the camera business that we'd let it bring the whole company down rather than sell it" now THAT would be news.
BrettRTurner
Senior Member
I've seen several posts on this forum suggesting that Hoya would sell Pentax if Pentax released bad DSLRs and its profit started dropping. The quote from the Hoya CEO doesn't on its face say much more than that.
The question is, does this quote mean either (1) that Pentax's profit is presently dropping, or (2) that Hoya might sell Pentax even if Pentax's profit is not dropping? By all account, the K100D and K10D have sold extremely well. It will take a lot more than a rumor to convince me that the company which designed and produces them isn't earning a profit.
If Hoya is not doing well, that is a different issue; perhaps they see selling Pentax as a way to generate capital for their other businesses. But one, if so, why buy Pentax to begin with, and two, doesn't this scenario suggest that they would sell the company to someone who would continue the brand, and therefore get a higher price?
--Brett
The question is, does this quote mean either (1) that Pentax's profit is presently dropping, or (2) that Hoya might sell Pentax even if Pentax's profit is not dropping? By all account, the K100D and K10D have sold extremely well. It will take a lot more than a rumor to convince me that the company which designed and produces them isn't earning a profit.
If Hoya is not doing well, that is a different issue; perhaps they see selling Pentax as a way to generate capital for their other businesses. But one, if so, why buy Pentax to begin with, and two, doesn't this scenario suggest that they would sell the company to someone who would continue the brand, and therefore get a higher price?
--Brett
hcoley
Senior Member
Well I haven't looked closely into Hoya and Pentax financials, but let me tell you a very intersting story about the company I work for, and if it happened with Hoya to the benefit of Pentax it would be a real hoot!
The company I started working for 2 years ago was a public company. They grew quite fast, but I could sense some underlying problems. They bought a private company about 3 times their size. It too was marketed as a merger/buy. The company they bought was much better managed and in the end the board of directors fired all the executives of my company and put in charge the executives of the company they bought, as it was discovered that there was some serious issues afoot with my company. They even changed the name to the company that was bought, and the good news is that employees of my comapny including me were retained. Only the original executives were let go.
Now, would it not be interesting if Hoya acquired Pentax, and the board of directors sent the Hoya executives home, put the Pentax executives in charge and called everything Pentax?
Hey, it happened where I work.
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'I got a Pentax camera. I love to take a photograph, so mama don't take my Photoshop away.'
The company I started working for 2 years ago was a public company. They grew quite fast, but I could sense some underlying problems. They bought a private company about 3 times their size. It too was marketed as a merger/buy. The company they bought was much better managed and in the end the board of directors fired all the executives of my company and put in charge the executives of the company they bought, as it was discovered that there was some serious issues afoot with my company. They even changed the name to the company that was bought, and the good news is that employees of my comapny including me were retained. Only the original executives were let go.
Now, would it not be interesting if Hoya acquired Pentax, and the board of directors sent the Hoya executives home, put the Pentax executives in charge and called everything Pentax?
Hey, it happened where I work.
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'I got a Pentax camera. I love to take a photograph, so mama don't take my Photoshop away.'
*isteve
Veteran Member
Nice idea.
I would not bet on it, nor would I bet on Hoya selling Pentax, nor would I bet against a major electronics firm buying the Pentax camera division and rights to the brand...(Pentax medical merging with Hoya).
IMO the brand and the IP is worth far more than the material assets.
Steve
Pixel peepers miss the big picture.
http://www.pbase.com/steve_jacob
I would not bet on it, nor would I bet on Hoya selling Pentax, nor would I bet against a major electronics firm buying the Pentax camera division and rights to the brand...(Pentax medical merging with Hoya).
IMO the brand and the IP is worth far more than the material assets.
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Steve
Pixel peepers miss the big picture.
http://www.pbase.com/steve_jacob
Joseph Tainter
Forum Pro
Uh...be careful what you ask for. We're talking here about a company that is continually shooting themselves in the foot. Witness now--no lenses, frustrated customers.
Joe
Cideway
Veteran Member
When Nikon doesn't have any lenses it's called success, when pentax don't have them for the same reason, ie demand out stripping supply, it is called shooting them selves in the foot.
I will remind everyone here that currently we are experiencing a boom in the DSLR market, there are alot of first time SLR buyers out there, as well as existing owners that are realising that there is no point having an interchangeable lens camera if you don't have any lenses to change. For example, Sigma for the first six months of the 06/07 financial year had sold more lenses then their projected years sales.
The figures that i have seen indicates that pentax have been at 95%+ of their lens construction capacity since October, and with the comment, proven or not about the 3000% increase in lense sales, would most certinately indicate that they are doing something , well, not wrong.
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Fanboy, and proud of it...
GMT +9.5
I will remind everyone here that currently we are experiencing a boom in the DSLR market, there are alot of first time SLR buyers out there, as well as existing owners that are realising that there is no point having an interchangeable lens camera if you don't have any lenses to change. For example, Sigma for the first six months of the 06/07 financial year had sold more lenses then their projected years sales.
The figures that i have seen indicates that pentax have been at 95%+ of their lens construction capacity since October, and with the comment, proven or not about the 3000% increase in lense sales, would most certinately indicate that they are doing something , well, not wrong.
--
Fanboy, and proud of it...
GMT +9.5
that the takeover (it was not really a 'merger') is a Good Thing - there is no way to know what will actually happen in a takeover.
Nobody knows - not even the managements of either company.
I assure you Daimler did not expect Chrysler to be a drag on the company, and to lose money.
There are, of course, mergers and takeovers which work well for all concerned.
We just have to wait and see what happens.
One can be reasonably certain though, that if a division of the taken-over organization does not contribute to the overall profit picture, it is likely to be sold or closed down. Just a fact of life. And no different than what would happen if the digital camera part of Pentax continued to lose money - eventually it would be abandoned.
However, the Pentaxes we own are not going to vanish - poof ! - if something happens to the Pentax organization. And there are enough Pentaxes out there that parts and service (perhaps private, rather than Pentax) should be available for quite some time.
Hopefully Pentax thru the K10D and K100D will become profitable and the line will continue.
The first harbingers of what will happen may be whether the new in-lens-body lenses actually appear on the market. I suspect the new firmware is a good sign. It was undoubtedly in the works when Pentax was sold - but if the new owners did not feel Pentax had at least a fighting chance to live there would have been little point to releasing the official upgrade.
So that, at least, is a good sign.
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bill wilson
Nobody knows - not even the managements of either company.
I assure you Daimler did not expect Chrysler to be a drag on the company, and to lose money.
There are, of course, mergers and takeovers which work well for all concerned.
We just have to wait and see what happens.
One can be reasonably certain though, that if a division of the taken-over organization does not contribute to the overall profit picture, it is likely to be sold or closed down. Just a fact of life. And no different than what would happen if the digital camera part of Pentax continued to lose money - eventually it would be abandoned.
However, the Pentaxes we own are not going to vanish - poof ! - if something happens to the Pentax organization. And there are enough Pentaxes out there that parts and service (perhaps private, rather than Pentax) should be available for quite some time.
Hopefully Pentax thru the K10D and K100D will become profitable and the line will continue.
The first harbingers of what will happen may be whether the new in-lens-body lenses actually appear on the market. I suspect the new firmware is a good sign. It was undoubtedly in the works when Pentax was sold - but if the new owners did not feel Pentax had at least a fighting chance to live there would have been little point to releasing the official upgrade.
So that, at least, is a good sign.
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bill wilson
*isteve
Veteran Member
It is hard to tell what this means without reading the entire interview. It may be taken out of context.
Steve
Pixel peepers miss the big picture.
http://www.pbase.com/steve_jacob
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Steve
Pixel peepers miss the big picture.
http://www.pbase.com/steve_jacob
Regor250
Veteran Member
Only business speculation. Of course, a company that doesn't make a profit isn't going to be held by anybody, that is pure business sense. On the other hand Samsung might be very interested if Hoya isn't happy with the deal... and according to Pentax they can't even supply to the demand right now...
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Roger
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Roger
Quietly Confident
Leading Member
I rather suspect that Pentax have got wind of what Canon & Nikon will be announcing next month - and, perhaps, decided that some hasty feature-adding was called for?
The new firmware is very welcome - but let's not forget that Pentax lied through their corporate teeth about WF for the K10, telling us that 'interference problems with the AS mechanism' meant they regretfully had to omit the feature from the new camera.
Now, suddenly, we find that is was possible all the time - and very probably left out because they wanted to reserve the feature for a more expensive model.
Perhaps inside knowledge of what the competition has up their sleeves has made Pentax think twice about their decision.
On the K10 UK sales front, things might not be going as well as they had hoped - I know of one on-line retailer who has sold just one K10D since it was launched! - but has shifted 'loads' (to use their word) of D80's.
Please don't misunderstand me, the K10 deserves to succeed. Whether it will or not remains very much to be seen.
If it doesn't succeed, then it might very well be goodnight & goodbye from Pentax.
Quietly Confident
Leading Member
It means, my boy, that you might soon have to start studying the situations vacant columns
nextSibling
Leading Member
"Suzuki ocean typical execution part highest management patsy"
Don't you just hate it when that happens?
Don't you just hate it when that happens?
Yes, it's quite extraordinary isn't it?
I have to agree. The current DSLR boom is like the SLR boom of the 70's.
Exactly!
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Lance B
http://www.pbase.com/lance_b
GMT +10hours
Pete Fang
Senior Member
We don't really know whether Pentax was lying about wireless flash interfering with SR or not. It's possible that they had wanted to reserve the feature for the K1D but changed the policy after too much complains, especially from *ist D users thinking to upgrade to the K10D.
It's also possible that the interference is true and Pentax later found some workaround to bring back wireless control with firmware 1.10. Please do note that even with firmware 1.10 there's no support for wireless high-speed sync support while this was available with the *ist D. I suspect that Pentax only came up with a partial workaround due to some technical difficulties, perhaps SR related but we can't know for sure.
Peter
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Peter Fang - Pentax user for more than two decades: K10D / *ist D / MZ-S / Z-1 / SFX / LX
*isteve
Veteran Member
You too.It means, my boy, that you might soon have to start studying the
situations vacant columns
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Steve
Pixel peepers miss the big picture.
http://www.pbase.com/steve_jacob
tknterry
Senior Member
PhotoTraveler
Forum Pro
Minoltafied: Verb, past tense. Def: The path by which a company is bought and had its most valuable assets taken from it. Followed by the purchased company being sold off, but without it's former valuable products. Stripped of this excess bulk it makes the company easy to buy/sell. This appeals to other companies looking to get into a market.
Items that can be lost while being Minoltafied include high value office equipment, valuable medical glass devices and other non highly legacy/support bound products.
Use in a sentence:
"In the fall 06/spring 07 Pentax was Minoltafied by Hoya finding itself as part of Samsung"
"During the Minoltation, Pentax lost it's medical device groups and woke up on the street with no pants and receiving propositions by a group of Samsungians"
"After being Minoltafied, Pentax found themselves stronger then ever with new ownership in Samsung, this effect is called Sonyization-sensation"
Items that can be lost while being Minoltafied include high value office equipment, valuable medical glass devices and other non highly legacy/support bound products.
Use in a sentence:
"In the fall 06/spring 07 Pentax was Minoltafied by Hoya finding itself as part of Samsung"
"During the Minoltation, Pentax lost it's medical device groups and woke up on the street with no pants and receiving propositions by a group of Samsungians"
"After being Minoltafied, Pentax found themselves stronger then ever with new ownership in Samsung, this effect is called Sonyization-sensation"
