Look at the actual article on
Statista. The vast majority of the decline was compact cameras. We’ve known that happened for years now. I think in the peak year (before 2010) something like 125 miliion compact cameras alone were sold. The vast majority of this decline is simply the collapse of the compact camera market. ILC sales hhave declined around 50% over the shown period.
Ricoh wrote down (took a charge against Earnings for Impaired Facilities) the compact camera facilities in 2018. Clearly the industry is grossly overcapitalized but Ricoh is probably OK due in part to Hoya taking so much Japan P&E (old Pentax “Factory in a Park”), and their already lean and mean structure.
Last edited by monochrome; 07-24-2020 at 04:03 PM.