Originally posted by RonHendriks1966 Well I wonder how that will be for Ricoh when we see the next numbers of sales and profit. I guess that the total camera business is slowly going in red figures.
We have to remember that Ricoh, in the scheme of things, paid peanuts (about US $120m) for the Pentax camera business and brand when they bought it from Hoya. That included hundreds of experienced engineers/technicians/managers, several factories, a large patent portfolio, trademarks, a distribution network, a live product line probably selling moderately well, and a globally recognised brand. They got a bargain, especially in this day and age when you see dot-coms with 20 employees and no revenue being bought and sold for billions.
I think a big company like Ricoh with US$ 23 billion in sales isn't going to be worried about minor ups and downs in Pentax sales, as long as they see a useful future for the brand within their business portfolio.