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Nikkei (translated) reports that Canon revised upward their earnings forecast for the fiscal year ending December 2020 due to strong cameras sales in China:
We already knew that Olympus Imaging’s cumulative operating losses during the last twelve years totaled ¥103bn. That’s $1.2bn. Last week Olympus published their consolidated financial results for the second quarter of FY2021 (July – September 2020). Included in this reporting is the forecast of the FY2021 loss from the soon to be divested Imaging Business, now considered […]
After Sony reported more than 50% drop in camera sales, today Olympus released their Q1 financial report: Revenue is down 40% YoY Operating loss: ¥2.7 billion The full report can be found here. The latest Canon Q2 financial results for the Imaging Division were also down – sales: -30.8%, profit: -93.8%. Nikon’s Q1 financial results will […]
Today Sony announced their Q1 financial results. Here are all the “camera” references I could find in the financial reports: “FY20 Q1 sales decreased 31% year-on-year to 331.8 billion yen primarily due to a decrease in unit sales of digital cameras and TVs.” “Sales of image sensors to AV have also decreased due to the […]
Fuji’s fiscal year 2020 financial results (April 1, 2019 – March 31, 2020) are out: In the Imaging Solutions segment, consolidated revenue amounted to ¥332.6 billion (down 14.0% from the previous fiscal year). Consolidated operating income amounted to ¥25.1 billion (down 51.0% from the previous fiscal year). In the photo imaging business, revenue decreased due […]