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05-19-2017, 01:39 PM   #1
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Nikon Press Release: NikonIsDoomed? ;)

The thread title is joking. The camera business continues to evolve and companies are changing to match.

The linked article is about a Nikon Press Release titled "Nikon announces reorganization of corporate structure". Changes include R&D, Healthcare, and Business Support. Nikon reshuffles management structure: Digital Photography Review

05-19-2017, 01:51 PM   #2
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Shareholders probably want more changes than that to their company, but I guess you can't please everyone.

05-19-2017, 01:53 PM - 3 Likes   #3
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Substitute Pentax every time you see the word Nikon and the Comments read like the Pentax SLR Talk Forum for the last decade.
.

Last edited by monochrome; 05-19-2017 at 07:26 PM.
05-19-2017, 04:24 PM - 4 Likes   #4
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Yep. What miserable people camera owners are.



05-19-2017, 05:14 PM   #5
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The Schadenfreude is tempting, but not enough to make me click on DePressing Review.
05-19-2017, 07:42 PM   #6
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It's funny, I was looking for some information about a Nikon body the other day and came across plenty of threads from Nikon users about how Nikon Is Doomed. Who knew every photographer was as miserable as us?
05-20-2017, 03:06 AM   #7
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Nikon still is in a good position. Yes, Canon is dominant and Sony is growing, but they have a solid base of photographers who own their glass and if they continue to release high quality camera bodies, I would expect them to continue to hold their market position.

Their biggest problem is probably that they are structure for the market as it was five and ten years ago and that market is shrinking. 25 percent market share of a shrinking market is not enough to support their costs at current levels. Restructuring is necessary, but they won't go away.

The probably do need to figure out how to diversify a little as well. Canon and Ricoh both have other businesses, but for the most part Nikon is just about photography.
05-20-2017, 06:14 AM - 1 Like   #8
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QuoteOriginally posted by clackers Quote
Shareholders probably want more changes than that to their company, but I guess you can't please everyone.
Actually Nikon published three press releases concomitantly yesterday and one of them is about the "retirement" of the chairman of the board and five board members:

Nikon | News | New appointment of Directors and Officers

Nikon | News | Change of Assignment of Directors and Officers

Nikon | News | Nikon announces reorganization of corporate structure

05-20-2017, 06:31 AM   #9
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Nikon Group Companies (Japan only):

Nikon | Company Profile | Nikon Group Companies

Tochigi Nikon Corporation
Main businesses: Manufacture of interchangeable lenses, optical lenses and optical components

Tochigi Nikon Precision Co., Ltd.
Main businesses: Manufacture of devices for semiconductor/FPD lithography systems

Nikon Tec Corporation
Main businesses: Sales of used equipment and maintenance service for semiconductor/FPD lithography systems

Miyagi Nikon Precision Co., Ltd.
Main businesses: Manufacture of devices for FPD/semiconductor lithography systems

Sendai Nikon Corporation
Main businesses: Manufacture of cameras

Nikon Imaging Japan Inc.
Main businesses: Sales and servicing of cameras

Nikon Vision Co., Ltd.
Main businesses: Development, manufacture, sales and servicing of sport optics products

Nikon Instech Co., Ltd.
Main businesses: Sales, maintenance and servicing of microscopes, measuring instruments, X-ray/CT inspection systems, etc.

Nikon CeLL innovation Co., Ltd.
Main businesses: Development, manufacturing and testing services for cell-based therapeutics

Nikon-Trimble Co., Ltd.
Main businesses: Development, manufacture, sales and servicing of surveying instruments

Nikon Engineering Co., Ltd.
Main businesses: Design, manufacture and sales of Projection Exposure System, Live cell Observation System, Laser Marking System, etc.

Hikari Glass Co., Ltd.
Main businesses: Manufacture and sales of optical glass and molded optical glass

Nikon-Essilor Co., Ltd.
Main businesses: Development, manufacture, sales and servicing of ophthalmic lenses

Nikon Lenswear Experience Center Co., Ltd.
Main businesses: Retail sales of ophthalmic frames and lenses

Nikon Business Service Co., Ltd.
Main businesses: Employee welfare activities, procurement, logistics, and activities related to intellectual property

Nikon Staff Service Corporation
Main businesses: Providing staffing and outsourcing services

Nikon Tsubasa Inc.
Main businesses: Processing, assembly and packing of parts for optical instruments

Nikon Systems Inc.
Main businesses: Development and support of computer software

Nikon and Essilor International Joint Research Center Co., Ltd.
Main businesses: Research and Development in materials, optics and ophthalmics

Seems diverse enough to me. Trimming some fat and some consolidation is not going to hurt.

Last edited by Not a Number; 05-20-2017 at 06:50 AM.
05-20-2017, 06:59 AM   #10
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.@Not a Number most of those business units are ledger entries to separate streams of revenue and cash flows into compensation silos. The main revenue sources are photographic cameras and lenses, semiconductor lithographic steppers (#2 globally, but rapidly losing market share and a major contributor to Nikon's financial woes) and medical devices, which I believe is primarily microscopes.
05-20-2017, 07:10 AM   #11
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"Margin Call"
Jeremy Irons, Kevin Spacey,Tucci..
05-20-2017, 12:51 PM   #12
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QuoteOriginally posted by Mistral75 Quote
Actually Nikon published three press releases concomitantly yesterday and one of them is about the "retirement" of the chairman of the board and five board members:

]
Ah, the shareholders did get to resolve some bloodlust.

Thanks for the update, Mistral.



05-21-2017, 04:15 PM   #13
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Never knew they were that big...
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