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 […]
Today Canon released their Q3/2020 financial results. Here are the details on the Imaging System business unit:
The Eastman Kodak Company reported the financial results for the second quarter of 2020:
Fujifilm posted their Q1 financial results: Imaging Solutions consolidated revenue is down 33.2% Consolidated operating loss amounted to ¥3.0 billion
Nikon also had horrible Q1 financial results:
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 […]
Canon published their latest Q2 financial results and as you can imagine they were not good for the camera division: sales were down 30.8% and profit was down 93.8% Bloomberg’s headline yesterday was “Canon Plunges Most in Eight Years After First Quarterly Loss”:
