Articles tagged "financials"

Nikon expects profitability and plans to release more Z mount lenses by 2022

Nikon CFO, Muneaki Tokunari, recently gave an interview to Nikkei, wherein he explained Nikon’s path to profitability and revealed more lenses are to be expected within the next year.

Nikon Q3 financial report: imaging business revenue and profit down double-digits as it prepares for future sustainability

Nikon's 2021 fiscal year might look grim on paper, but it seems the company is taking the steps required to stay sustainable in a shrinking market.

Canon's 2020 financial results show drop in net sales, increase in profits for Imaging Systems business

Canon has released the full-year report for its 2020 fiscal year. While Canon's net sales were down, it's operating profit was up and the company is poised for a positive 2021 across the board.

Canon's Q1 financial report shows Imaging Systems net sales and profits are down 13.9%, 80.6% YoY

As a whole, Canon saw a decline of 9.5% and 18.7% in net sales and operating profit, respectively, but its Imaging Systems division took a particularly rough hit with expectations Q2 will be even worse.

Sony bumps Nikon from #2 spot as its global ILC market share increases 4% year-over-year

According to Sony's latest financial report, it's overtaken Nikon to have the second largest market share in the global digital camera market, based on revenue.

Sony's financial report shows 2% YOY growth for its 'Imaging Products and Solutions' division

While Canon and Nikon have lost double-digit percentages year-over-year for their respective imaging divisions, Sony has managed to come out in the green, albeit not by much.