This is the terrible fix Nikon is in.

If Nikon can ship D800 and perhaps D4 close to March 2012 they will prevent people from jumping ship and buying Canon's new 1D X due out in March. They will miss pro's trying to buy new bodies by the end of the fiscal year for the tax write off.
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Michael
 
This tells me we might well have to wait until next Summer for that new DX lens and D800.
Valid point about the flood. Not valid about the D800, it implies the camera was built or near built now and I believe it wasn't. Flood or no flood there is/was no D800, no Nikon higher MP 1080 FF, certainly not a moderately priced one (the Canon 1DX proves that). The D800 is a rumor pipe dream, it is what people want, but Nikon doesn't. There will not be this year or next, a "moderately priced" high MP 1080 FF from Nikon. If or when it ever comes it will be very expensive.
 
http://www.nikon.com/about/ir/ir_library/result/pdf/2012/12second_2_e.pdf

Page 2: 65 billion Yen is the estimated reduction in sales. That's about 830 million dollars (78 Y/USD), a big hit, since they expect to have total sales of 925 b Yen, or 11.9 billion USD, down from 990 b Y (12.7 b USD) estimate from August.

Anyway, from last year they still have a rise from 2011.
3rd Nikon announcement. A small segment:

"We are planning to start production at other Nikon group manufacturing plants and our partner factories in Thailand one after another from December 2011. Production will partially resume from January 2012 at Nikon (Thailand) Co., Ltd., and production of digital SLR and interchangeable lenses will return to the normal level by the end of March 2012."

This tells me we might well have to wait until next Summer for that new DX lens and D800. This is certainly a huge financial setback for Nikon. Inexpensive labor is one thing but building your plant in a flood zone is quite another. I suspect there will be some serious changes at Nikon.

Steve Bingham
http://www.dustylens.com
http://www.ghost-town-photography.com
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Renato.
http://www.flickr.com/photos/rhlpedrosa/
OnExposure member
http://www.onexposure.net/

Good shooting and good luck
(after Ed Murrow)
 
With all the problems Nikon is having with flooding, it might be the right time to bring back the Nikonos underwater camera. They were great.
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Mike55
 
This tells me we might well have to wait until next Summer for that new DX lens and D800.
Valid point about the flood. Not valid about the D800, it implies the camera was built or near built now and I believe it wasn't. Flood or no flood there is/was no D800, no Nikon higher MP 1080 FF, certainly not a moderately priced one (the Canon 1DX proves that). The D800 is a rumor pipe dream, it is what people want, but Nikon doesn't. There will not be this year or next, a "moderately priced" high MP 1080 FF from Nikon. If or when it ever comes it will be very expensive.
ScottMac, I see you are on a crusade against Nikon, so will you commit suicide once they actually announce the D800 and your doom and gloom scenario is proven wrong?
 
I just got back from a camera store in my town. He is an authorized nikon dealer of both FX and DX lines.

He let me read the letter they sent him. They canceled the announcement of the D800 because they cannot produce it at this time. They are putting their attention on repairing the DX so the D800 release has been canceled. It doesn't sound like anything new is coming for a long time
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Photos - http://roadslesstraveled.smugmug.com/Portfolio/On-The-Road/
 
Did this letter that you have seen specifically mention a D800? Did it specifically state that it was canceling the announcement of the D800? Or did it state that it was canceling announcements of "as yet announced new cameras"? I suspect the latter. I doubt Nikon named the D800 in a letter. We would have heard about that immediately.
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Mike Dawson
 
I just got back from a camera store in my town. He is an authorized nikon dealer of both FX and DX lines.

He let me read the letter they sent him. They canceled the announcement of the D800 because they cannot produce it at this time. They are putting their attention on repairing the DX so the D800 release has been canceled. It doesn't sound like anything new is coming for a long time
I would very much doubt they have cancelled the D800 announcement, merely postponed it. And of course, had they mentioned the D800 in the letter, they would have been announcing it, would they not?
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Bob
 
They did not mention the D800 when mentioning the cancelling of the upcoming announcement. It just said the announcement has been canceled.

They did latter mention the D800 release when saying what was being canceled until further notice because the issues they are having to deal with.

I am not into these rumors, and really don't care about it. I was just talking to him about selling my D300s and he said to wait until some of this news comes out to sell it cause it likely will go up

I should have paid overall more attention to the letter to give greater accuracy but the overall message was they are in rough shape and they want to get the DX line up first so the pro stuff is on the back burner. That's what I got out of it
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Photos - http://roadslesstraveled.smugmug.com/Portfolio/On-The-Road/
 
. . . well the new DX lenses as well as the D800 were setup for manufacturing in Thailand.
How do you know where a product that does not exist yet is manufactured?!
But it does exist and was in the field for some time.
Do you have proof of this? I've never read anywhere that Nikon has said anything about a D800 coming out before they upgrade their Pro line.

I heard the Ron Scubadiver is gone to Thailand with his scuba gear to help Nikon get up and running as quickly as possible. Ron told me that there's no way a D800 will be released before an upgrade to the D3 or D3x happens.
 
ScottMac, I see you are on a crusade against Nikon, so will you commit suicide once they actually announce the D800 and your doom and gloom scenario is proven wrong?
I am not against Nikon, and my observations are not doom and gloom, in fact, I am trying to inject sound reasoning and sound advice into the hysteria of an imagined D800.

First, it is so obvious they would never release this imagined camera first, a D4 would be first, just like the new Canon 1DX, an 18 MP, 1080 HD FX for $7,000. That's what you're going to get next, but not till next year, and yes, it will be very expensive. I have been saying this for a long long time, but it's not what anyone wants to hear, you want to hear about your Nikon with 5DM2 spec and price, or your imagined upgrade of the D700, either way, you want something great and for cheap. That is never going to happen with Nikon, how could you not see this?

I'm going to assume you are the only poster who gets me wrong, and the only one living in a dream world, so in other words, many of the above observations, which so far are true, are really for people struggling to understand why Nikon does not make the camera they want and Canon does.

PS, by "Canon does" I am not saying Canon is superior to Nikon or that you should buy a Canon.
 
They did latter mention the D800 release when saying what was being canceled until further notice because the issues they are having to deal with.
I don't think Nikon ever mentioned a D800 in any way shape or form.
I should have paid overall more attention to the letter to give greater accuracy but the overall message was they are in rough shape and they want to get the DX line up first so the pro stuff is on the back burner.
They just released two new DX with 1080 HD, FX is next. Regardless of their so called "problems" a new FX is coming and to release it as soon as possible would be the best thing for their company. I know if they released an FX with 1080 HD I would buy it immediately and I have been waiting 3 years for Nikon to make the camera I want and need. I believe there are legions of Nikon people waiting for this camera.
 
Nikon story will end, unless they can acquire a land upland in a jiff, design&draw an architectural set for bid and construction in a jiff, have a 6 month turn around time for machine placement, then construct this factory in less than eight months just to satisfy all the potential D800 buyers. REMEMBER, the eight feet of water needs to subside first. 8+ months delay is a fair estimate IMO. Another option is to move parts production to mainland China, or Taiwan, or Japan. However, this will take time again.

I guess Nikonistas will be drolling while Canonistas play with their new 1Dx and 5D3 with 4k video. Oh how sweet it is to be a canon fanboy!
 
Nikon story will end, unless they can acquire a land upland in a jiff, design&draw an architectural set for bid and construction in a jiff, have a 6 month turn around time for machine placement, then construct this factory in less than eight months just to satisfy all the potential D800 buyers. REMEMBER, the eight feet of water needs to subside first. 8+ months delay is a fair estimate IMO. Another option is to move parts production to mainland China, or Taiwan, or Japan. However, this will take time again.
Nikon announced a month or so back that it had leased factory space in Thailand—hopefully on higher ground. No need for design and build, though installation of equipment is currently underway. They announced on Friday:

"We are planning to start production at other Nikon group manufacturing plants and our partner factories in Thailand one after another from December 2011. Production will partially resume from January 2012 at Nikon (Thailand) Co., Ltd., and production of digital SLR and interchangeable lenses will return to the normal level by the end of March 2012."
I guess Nikonistas will be drolling while Canonistas play with their new 1Dx and 5D3 with 4k video. Oh how sweet it is to be a canon fanboy!
If they are in fact starting in January and up to full speed by March, they could well have new product in shooters hands well before the "canon" fanbois get their hands on the 1Dx. It is equally sweet to shoot with whatever matches the assignment and not to be a fanboy of any brand.

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larry!
http://www.larry-bolch.com/
 
Insurance can only cover the damages (or part of them, unless the insurance company goes bankrupt) whereas the lost income is something Nikon's owners will have to digest. 300million euros is not a small amount of money.
While I have no knowledge if Nikon had a policy. Business interuption insurance would cover loss of production and subsequent damages due to loss of sales.
Yes, this is correct. Most well run businesses will have Business Interruption Insurance that cover loss of production and will finance the rebuilding of the business etc.

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Lance B
http://www.pbase.com/lance_b

 
They just released two new DX with 1080 HD, FX is next. Regardless of their so called "problems" a new FX is coming and to release it as soon as possible would be the best thing for their company. I know if they released an FX with 1080 HD I would buy it immediately and I have been waiting 3 years for Nikon to make the camera I want and need. I believe there are legions of Nikon people waiting for this camera.
I am sure Nikon is well aware that you have waited for three years to buy such a camera, and that they will plan their release schedule accordingly ;)

But I agree there probably is a fairly big group of customers wanting the same thing as you. Problem is, there is very probably also an even bigger group of customers waiting for a D300s replacement. And I do think Nikon might be rude enough to go for the biggest bag of potential customers first ... Particularily if they are in a tight spot in terms of production capacity.

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I don't suffer from insanity, I enjoy every moment of it!

By the way, film is not dead.
It just smell funny
 
They just released two new DX with 1080 HD, FX is next. ..... I believe there are legions of Nikon people waiting for this camera.
....I agree there probably is a fairly big group of customers wanting the same thing as you. Problem is, there is very probably also an even bigger group of customers waiting for a D300s replacement.
Nikon's current challenges also include supply of parts - including sensors. It appears that Sony's plant in Thailand is also out of commission - that may be a major stumbling block if that is where Nikon is counting on getting sensors for the upcoming models - likely the next DX model, and FX is also a possibility.

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Desmond Murray
http://www.KelownaPhotographer.com
I shoot to thrill
 

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