
We can now add Fujifilm to the list of camera companies that reported really bad financial results:
Fujifilm published their 1st quarter FY2020 financial results. If you think anyone is safe from the industry turndown, take a look at Fuji’s numbers for the Imaging Division: Revenue: down from 87.9 to 74.6 billion yen (-15.1%) Operating income: (YoY Q1 2019 vs. Q1 2020): from 12.2 to 4.5 billion yen or (-63.2%) See also […]
Olympus released their financial results for the 1st quarter of FY2020: mirrorless cameras revenue is down 25%, compact cameras revenue is down 40%. Here are the detailed reports and the 2020 forecast for the imaging division (Panasonic also released their Q1 financial results but it is difficult to extract the numbers for their camera business):
Olympus published its latest financial results for the fiscal year ended on March 31st, 2019. Here are the details for the Imaging Business: revenue: – 19% mirrorless: -23% compacts: -18% other (?): +14% operating loss: ¥17.1 billion (around $157 million) The forecast for fiscal 2020 doesn’t look much better – the Imagin Business is expected […]