Forgot Password
Pentax Camera Forums Home
 

Reply
Show Printable Version Search this Thread
07-28-2017, 06:10 AM   #16
Senior Member




Join Date: May 2009
Location: Sweden
Photos: Gallery
Posts: 143
Maybe (probably) it's just the wording, or perhaps translated Japanese which is often a lot more subtle in expressions....but as mentioned, if one looks at what they literally say, they only say that they had a smaller profit and sales in cameras (due to fewer sold), not a loss, while they do "dare" to use the word "loss" in the end for the segment, so shouldn't they have used the word loss for cameras as well if that was the case? They do say that fewer cameras were sold, but still, that isn't necessary a loss, just worse than last year.

(But I agree it doesn't sound very good, but still, I'd say another wording should (would?) have been used if there was a loss in cameras)

And also as mentioned, there are a lot more parts in the others now so as usual it's hard to really say anything definite about the camera part, other than that there were fewer cameras sold.

Edit: As for the "offset" phrasing, it could be that the sales were offset (say optical had +15% sales and camera had -10% sales, ending up on +5% sales)...but it could also be as in offset profit/loss...but again I think they shouldn't call it "decrease in income and profit in the camera business" then.

07-28-2017, 06:18 AM   #17
Pentaxian
RonHendriks1966's Avatar

Join Date: Jan 2009
Photos: Gallery
Posts: 9,097
QuoteOriginally posted by Igor123 Quote
Edit: As for the "offset" phrasing, it could be that the sales were offset (say optical had +15% sales and camera had -10% sales, ending up on +5% sales)...but it could also be as in offset profit/loss...but again I think they shouldn't call it "decrease in income and profit in the camera business" then.
They used these words before. They used it to say that a profit was offset due to the yen-dollar exchange. Meaning the profit and growth in USD was offset into a loss in Yen. A decrease in profit is also to be read as an increase in loss.

Last edited by RonHendriks1966; 07-28-2017 at 06:33 AM.
07-28-2017, 06:25 AM   #18
Senior Member




Join Date: May 2009
Location: Sweden
Photos: Gallery
Posts: 143
QuoteOriginally posted by RonHendriks1966 Quote
They used these words before. They used it to say that a profit was offset due to the yen-dollar exchange. Meaning the profit and growth in USD was offset into a loss in Yen. A decrease in income is also to be read as an increase in loss.
Ok, I see... haven't followed their financials over time but if they've used that phrase like that before I agree it's probably like that now as well.

I wish they would be more straightforward in their wording then, "loss" is a shorter word than "decrease in profit" =), and says something about above/below 0, unless they call "profit"= "negative loss" as well..
07-28-2017, 06:33 AM   #19
Pentaxian
RonHendriks1966's Avatar

Join Date: Jan 2009
Photos: Gallery
Posts: 9,097
QuoteOriginally posted by Igor123 Quote
Ok, I see... haven't followed their financials over time but if they've used that phrase like that before I agree it's probably like that now as well.

I wish they would be more straightforward in their wording then, "loss" is a shorter word than "decrease in profit" =), and says something about above/below 0, unless they call "profit"= "negative loss" as well..
I meant to say profit....

07-28-2017, 08:07 AM - 2 Likes   #20
Loyal Site Supporter
Loyal Site Supporter
monochrome's Avatar

Join Date: Mar 2008
Location: Kirkwood (St. Louis) MO USA
Photos: Gallery | Albums
Posts: 22,863
without a mirrorless camera to add revenue it's hard to see how Pentax is different from Nikon, other than scale.
07-28-2017, 12:43 PM - 3 Likes   #21
Loyal Site Supporter
Loyal Site Supporter




Join Date: Mar 2015
Photos: Gallery | Albums
Posts: 6,259
Everything is too opaque and interlocking to tell, and the translation does not help.

I'm not surprised there's a lull. Those who would buy a K-1 or KP have now got them, quite a few of those who went full frame have wallet fatigue while they're saving up for D-FA f/2.8 trinity glass (if they want it), and everyone else who wants a high end Pentax DSLR is holding off to see what the K3-ii successor is going to be like.
07-28-2017, 02:20 PM - 1 Like   #22
mee
Pentaxian




Join Date: May 2010
Posts: 6,511
QuoteOriginally posted by monochrome Quote
without a mirrorless camera to add revenue it's hard to see how Pentax is different from Nikon, other than scale.
And as soon as Pentax offers one, so will Nikon.. if not Nikon sooner.. so they'll be back to square one in that view. Nikon is already reported to be launching a mirrorless body late this or sometime next year.

The problem is new products cost new money. And RI already seem stretched to support what they have.. so I don't see mirrorless being on their radar as a priority at this point.
07-28-2017, 02:31 PM - 1 Like   #23
mee
Pentaxian




Join Date: May 2010
Posts: 6,511
QuoteOriginally posted by pathdoc Quote
Everything is too opaque and interlocking to tell, and the translation does not help.

I'm not surprised there's a lull. Those who would buy a K-1 or KP have now got them, quite a few of those who went full frame have wallet fatigue while they're saving up for D-FA f/2.8 trinity glass (if they want it), and everyone else who wants a high end Pentax DSLR is holding off to see what the K3-ii successor is going to be like.
Then there are us who own a K-1 and are waiting for new lenses to drop..

I really don't think they planned the K-1 system too well.. or they genuinely were surprised at the interest.

Because I would think they would have started the full D-FA lineup BEFORE the K-1, so new lenses would be ready every ~6 months. And, they did start it with the 150-450mm and the 70-200mm in late 2015/early 2016 but since then (minus the 28-105) there has been a lull indeed in lens output... I think we've gone well over a year now without a single new lens on store shelves.

07-28-2017, 02:36 PM   #24
Loyal Site Supporter
Loyal Site Supporter
monochrome's Avatar

Join Date: Mar 2008
Location: Kirkwood (St. Louis) MO USA
Photos: Gallery | Albums
Posts: 22,863
QuoteOriginally posted by pathdoc Quote
Everything is too opaque and interlocking to tell, and the translation does not help.

I'm not surprised there's a lull. Those who would buy a K-1 or KP have now got them, quite a few of those who went full frame have wallet fatigue while they're saving up for D-FA f/2.8 trinity glass (if they want it), and everyone else who wants a high end Pentax DSLR is holding off to see what the K3-ii successor is going to be like.
Ricoh had a Plan.

Last edited by monochrome; 07-28-2017 at 05:59 PM.
07-28-2017, 02:38 PM   #25
Pentaxian
mecrox's Avatar

Join Date: Apr 2009
Location: Oxford, UK
Photos: Gallery
Posts: 2,323
QuoteOriginally posted by monochrome Quote
Ricoh had a Plan.
Had??
07-28-2017, 02:42 PM - 1 Like   #26
Loyal Site Supporter
Loyal Site Supporter
monochrome's Avatar

Join Date: Mar 2008
Location: Kirkwood (St. Louis) MO USA
Photos: Gallery | Albums
Posts: 22,863
QuoteOriginally posted by mecrox Quote
Had?? Oh dear.
Of course, I know nothing - but for the first time since Hoya this doesn't feel good.
07-28-2017, 02:53 PM - 1 Like   #27
Pentaxian
mecrox's Avatar

Join Date: Apr 2009
Location: Oxford, UK
Photos: Gallery
Posts: 2,323
QuoteOriginally posted by monochrome Quote
Of course, I know nothing - but for the first time since Hoya this doesn't feel good.
Sun is still shining, camera will be working, honestly there is nothing we can do and we don't really know much anyway so why worry. It's interesting chitchat but hardly very important
07-28-2017, 03:15 PM   #28
Loyal Site Supporter
Loyal Site Supporter




Join Date: Mar 2015
Photos: Gallery | Albums
Posts: 6,259
QuoteOriginally posted by monochrome Quote
Ricoh had a Plan.
What do you think it was, and where do you think it went awry?
07-28-2017, 03:54 PM   #29
Senior Member




Join Date: May 2009
Location: Sweden
Photos: Gallery
Posts: 143
I'd guess KP using up lots of resources, while not selling well to either APSC flagship-people nor entry level...k70 seems great for the price but probably low margin, and then few lenses on top of that and with the initial k1 rush fading...it all adds up. But makes you wonder about what the plan was...sure, the superprimes are needed for the system to be well regarded, but with the expected prices and especially time to release and time in between them, they won't be cashcows I'd guess, and perhaps to far apart to have any shock-and-awe effect of pentax glass on the market.

After the K3-III (which should start selling yesterday considering the time since the last one and current sales), a quick K1-II with more or less just faster write speed/bus, usb, wifi and maybe some other gimmick that doesn't cost a lot to change (but sounds cool/sells) would probably sell better than the KP after the K1 success I think. (Some people must always have the latest...and a 2 year old camera can almost be justified to be upgraded...its getting ooold....=) )
07-28-2017, 04:26 PM - 1 Like   #30
Site Supporter
Site Supporter




Join Date: Mar 2009
Location: Gladys, Virginia
Photos: Gallery
Posts: 18,429
We are now over a year removed from the K-1's release date. It certainly has slowing sales and we are due for some upper end glass release as well as a K3 II replacement. If that made a splash, they could still have a nice fall/winter. The biggest concern is the slow pace. There was certainly a time when it seemed like Ricoh was making a new announcement every three months or so. Not so much now. We have ideas about what is coming, but it certainly doesn't seem to be arriving very fast.
Reply

Bookmarks
  • Submit Thread to Facebook Facebook
  • Submit Thread to Twitter Twitter
  • Submit Thread to Digg Digg
Tags - Make this thread easier to find by adding keywords to it!
3d, business, businesses, camera, cameras, company, components, devices, environment, equipment, f2.8, figures, i.e, images, lenses, money, pentax, pentax news, pentax rumors, people, period, photography, products, profit, q1, ricoh, semiconductor, vision
Thread Tools Search this Thread
Search this Thread:

Advanced Search


Similar Threads
Thread Thread Starter Forum Replies Last Post
Nikon's Year (Financial Results) - an analysis interested_observer Non-Pentax Cameras: Canon, Nikon, etc. 10 05-13-2017 05:49 AM
Ricoh Financial results - FY2017/03 Kunzite Pentax News and Rumors 373 04-28-2017 06:10 AM
Sony financial results - A7 etc. camera collapse with interesting insights beholder3 Photographic Industry and Professionals 29 12-10-2016 01:55 AM
Ricoh Imaging is not doomed (or: Ricoh Financial Results Q1 2016) Kunzite Pentax News and Rumors 69 10-24-2015 10:31 AM
Pentax Financial results Q1 FY14 Zav Pentax News and Rumors 38 08-20-2013 05:44 PM



All times are GMT -7. The time now is 12:16 AM. | See also: NikonForums.com, CanonForums.com part of our network of photo forums!
  • Red (Default)
  • Green
  • Gray
  • Dark
  • Dark Yellow
  • Dark Blue
  • Old Red
  • Old Green
  • Old Gray
  • Dial-Up Style
Hello! It's great to see you back on the forum! Have you considered joining the community?
register
Creating a FREE ACCOUNT takes under a minute, removes ads, and lets you post! [Dismiss]
Top