Can someone give me an update on Pentax's health as a company?

It's dying, has been ever since digital came in but they just keep making the best APS-c cameras on the market - amazing heh
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Regards Dean - Capturing Creation
 
Yep, Pentax announced that after the K-7, and the K-x, oh and of course the 645D ... that they were just gonna shut it down and go outta business. The first folks they alerted were a dedicated core of Canon/Nikon/Sony fanboys who have spread the unfortunate truth throughout DPR. We are all buying a Canon or Nikon next week and getting rid of this junky stuff we own.

-Mouse

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The Mouse Gallery
http://www.photobucket.com/andy_allen


'My boss just quit the job, says he's goin out to find the
blind spots and he'll do it ... the 3rd planet is sure
they're bein watched, by an eye in the sky that can't
be stopped - when ya get to the promised land ...
you're gonna shake the eyes hand.'
 
Do not confuse a WR lens for an endoscope. I'm not sure what response you were expecting but Pentax appears to be doing fine financially and producing good gear.
 
Economically, Pentax is doing good now, they had some losses in the past but turned profitable during the later half of 2009. Considering that they managed to turn profitable while R&Ding their first digital MF camera, which will start making money once sales begin in May, it seem like they are doing just fine.

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My Flickr:
http://www.flickr.com/photos/36164047@N06/
 
I was asking this myself before I bought my first Pentax. This was during the Hoya takeover. It turns out they would outlive my finances; I needed to worry about my own health before I worry about theirs. So I tell myself: what the heck, I'll choose what i want most, not what I dislike least. I'm doing this for fun anyway, might as well have some.
 
Do not worry about the responses. They are a little sarcastic because this question gets asked over and over again.

I guess it puts everyone on the edge, because nobody asks the same on a Canon or Nikon forum. And you have obviously done enough research to have found someone's opinion that Pentax is going to die (now that they are doing better than ever).

Pentax is a smaller player, yes, but they are doing everything they can to survive. That is all one can base a purchase decision on. If it sounds too risky, a small company that is doing everything they can to appeal, there are a lot of other companies like that.
I'm not trying to pick a fight. I'm genuinely interested in the product, but cameras and lenses are expensive and I would like to know that the company is not about to go under after I plonk down some cash.
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http://www.flickr.com/photos/rogues-gallery/
 
This is the as far as I can make of it from reading the news and the actual financial report from Pentax. Pentax started to make a profit for the quarter ending 30 Sept 2009. The quarter ending 31 Dec also showed a profit, albeit reduced one. Reading the fine prints showed that the profit appeared to be from medical intruments and restructuring etc rather than camera sales, which though increasing has seen revenue reduced due to competitive pricing. The exact picture is hard to tell because of vague wording, but it is most likely that they are still not profitable yet. The latest interview with Hoya also mentioned a desire to be profitable in 2010. All that seem to indicate that Pentax is just about to surface now. The good sales figures of new models, esp the K-x, seem to support the general optimism that it will turn a profit, although there is a big question mark about how much this may be affected by the release of the 645D camera. That effect could be either way. In short, things are looking better than before and something appears to be moving, if Pentax does not stumble with its new moves.
 
I think thats the wrong question, as Pentax is not a company anymore. Its a subsidary of Hoya. So if the question is how's Hoya as a company? Then I would think its great, as Hoya is big, and supplies lots of lens element to many lens manufacturer.

Hoya seems to have a good vision, and business plans, hence its directing the development direction of Pentax to be a profitable subsidary in the long run.
 
But Hoya can decide to sell Pentax off if it cannot be made profitable or further reduce its non-profitable manufacturing, e.g. DSLRs and lenses, and instead concentrate on P&S if things do not improve. This is what Olympus seems to be doing, slowing its DSLR development and focusing on the mirrorless camera business, to the chagrin of the owners of theiir DSLR 4/3 lenses (which do not focus too well or too fast on micro 4/3 cameras). These are considerations that may affect a new DSLR buyer's decision regarding investing in DSLR lenses, if DSLR cannot be profitable for Pentax. Again, Pentax is turning a small profit, but the camera division is apparently not profitable yet but close.
 
Pentax as a company no longer makes DSLR's

Hoya owns and now makes Pentax Cameras. I am not sure why people keep talking about Pentax like it is still it's own company. It is a Brand name owned by Hoya.

Only Hoya knows if the gains it has made with the multi-colored Kx and K7 have made enough of a difference in the overall health of their 'Pentax' camera division. It was less than a year ago they were talking about needing a partner.

Time will tell, but I got time.

--
'Nothing is worse than active ignorance'

Johann Wolfgang von Goethe
 
eyeonwinipeg - I apologize for my sarcasm, Pentax is now owned by a very big glass/lens manufacturer and the rumor of Pentax's imminent demise still persists after 10 years or more. They currently have the best Entry Level ( Still hate that term) in the Kx, the best Semi Pro in the K7 and are about to release the best priced MF with a mountain of MF legacy pro lenses out in the big wide world to support it, maybe more than any other MF manufacturer. There is also over 4 million legacy 35mm lenses out there too that are compatable with APS-c. Every camera they produce is an improvement on the previous model - they just keep getting better.

Because this question gets posted every week we get a bit tired of it - it's fear generated by opponents.
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Regards Dean - Capturing Creation
 
But the finance and operations are still pretty much like a company or an entity within Hoya. Pentax is not merged in with Hoya, not exactly like Hoya is now the camera maker. Pentax's fortune, and fate, can be separately handled and Pentax is accountable for its profitability.
 
But the finance and operations are still pretty much like a company or an entity within Hoya. Pentax is not merged in with Hoya, not exactly like Hoya is now the camera maker. Pentax's fortune, and fate, can be separately handled and Pentax is accountable for its profitability.
Ultimately from a financial point of view Pentax is merged with Hoya - it is simply a Hoya division, and anyone who has ever worked for a 'group' will tell you that internal accounting for profitability is a cake that can be cut in a thousand different ways. From the camera purchaser's point of view, the question is whether Pentax will go bust and the answer is no, and the indications are that Hoya is committed to its future. It's a far better position than it was immediately before the takeover, and those who made prophesies of doom when Hoya came into the picture have been proved wrong.
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tim
http://www.pbase.com/timotheus
 

But the finance and operations are still pretty much like a company or an entity within Hoya. Pentax is not merged in with Hoya, not exactly like Hoya is now the camera maker. Pentax's fortune, and fate, can be separately handled and Pentax is accountable for its profitability.
In structure maybe... but I my guess is there is no "Pentax" division that is making its own Financial decisions. They may propose budgets but all final budget decisions I am sure are made at a level above the Pentax Camera division. And it may operate like a company inside a company on some levels, but I doubt seriously that Pentax willfully decided to close the Tokyo Factories on its own. That was all Hoya...

So in my mind, yes Hoya is making cameras.

As far as "Pentax is not merged in with Hoya"
On October 29, 2007, Hoya and Pentax announced that Pentax, as the company ceasing to exist, will merge with and into Hoya on March 31, 2008. Hoya will retain the Pentax brand name.
I am sure it is structured as a totally separate division as all large corporations do with their acquisitions.

--
'Nothing is worse than active ignorance'

Johann Wolfgang von Goethe
 
I don't think I have seen anyone saying Pentax is doomed. I certainly haven't, although I try to tell others what I know when they ask and when they really want and need to know as in this case.
 
Love that picture Gus - did you find that thing on the ground and did ya get any more shots? Looks like a great 'found object' shot opportunity.

-Mouse

--

The Mouse Gallery
http://www.photobucket.com/andy_allen


'My boss just quit the job, says he's goin out to find the
blind spots and he'll do it ... the 3rd planet is sure
they're bein watched, by an eye in the sky that can't
be stopped - when ya get to the promised land ...
you're gonna shake the eyes hand.'
 

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