Q1 2019 Financial Reports - Pentax still not doomed.

fsge · 10-01-2018, 12:10 PM - **1 Like**

Originally posted by thibs

Well if their efforts supporting the said formats make them bleed money or go bankrupt this is a moot point isn't it ?

Q mount is an exemple of that...

K5_Ltd_User · 10-02-2018, 01:20 AM

Originally posted by rangercarp

Ricoh bought Pentax for the Theta? That is interesting! Are we talking about the same Theta that was developed AFTER Ricoh bought Pentax?

First Theta review I could find was from Sept 2013. I don't speak enough Japaneese to search for pattents, nor do I know how long it takes to develop a Camera system. And I can' t find if Ricoh announced it first.
But sure, 1 year of production until a functional prototype for testing of a new technology on the market.

If I' d know anything about the branch I' d tell you that pigs also fly and America is indeed great again, since 2016.

Quote:

What is written is that the 'Other' division, 9.5% (FY2018/03) to 10% (Q1 of FY2019/03) of the consolidated sales of which come from 'Smart Vision' (which includes, but is not limited to 'Pentax'), was slightly profitable in FY2018/03 (¥10bn i.e. 4.9%; ¥5.9bn, i.e. 2.9%, when excluding non-recurring items) and in Q1 of FY2019/03 (¥0.4bn, i.e. 0.9%).

In other words, 'Pentax' is included in something that represents 10% of the sales of something much bigger that is slightly profitable. That's all and it doesn't give a clue about the profitability (positive or negative) of the Pentax business.

Pentax doesn' t bellong to their printing deparment. Nor is it customer Service. They are making 3D printers for some OEM' s and display' s for Automotive. It' s clear as day that Pentax, bellong to the 'Other' section. Which according to their slides, got some losses (it' s minus- need another prontscreen) . What' s the big ego trip from your side? Better products were built with a loss until their time came (Smart cars) . Bugatti Veyron (it' s time never came, but come on) . Stop pempering the brand name. It' s a clear reflexion of what they brought to the market (the FY) .

MMVIII · 10-02-2018, 01:34 AM

Now, Pentax should really bring some new products to the market immediately. Seems that many people have invested their money they saved for new equipment in Ricoh shares...

Mistral75 · 10-02-2018, 03:17 AM

Since you quoted my text before writing this:

Originally posted by urssu

(...)
Pentax doesn' t bellong to their printing deparment. Nor is it customer Service. They are making 3D printers for some OEM' s and display' s for Automotive. It' s clear as day that Pentax, bellong to the 'Other' section.

May I ask you: did I write anything different?

Originally posted by Mistral75

(...)
Remember that the Pentax business is part (and only a part) of the 'Smart Vision' activity, which itself accounted for 9.5% of the consolidated sales of the 'Other' division in FY2018/03, which in turn represented 9.7% of Ricoh's consolidated sales.
(...)

Originally posted by Mistral75

(...) the 'Other' division, 9.5% (FY2018/03) to 10% (Q1 of FY2019/03) of the consolidated sales of which come from 'Smart Vision' (which includes, but is not limited to 'Pentax'), was slightly profitable in FY2018/03 (¥10bn i.e. 4.9%; ¥5.9bn, i.e. 2.9%, when excluding non-recurring items) and in Q1 of FY2019/03 (¥0.4bn, i.e. 0.9%).
(...)

But, again and again, there are no sentences and/or figures pertaining to the profitability of the Pentax business in Ricoh's financial reporting.

'Pentax' is included in something ('Smart Vision') that represents 10% of the sales of something much bigger ('Other') that was slightly profitable in FY2017/03 (excluding impairment losses), in FY2018/03 and in Q1 of FY 2019/03.

That's all and the profitability of the 'Other' division (or lack thereof) doesn't give a clue about the profitability (positive or negative) of the Pentax business.

Originally posted by urssu

(...)

(...) Stop pempering the brand name. It' s a clear reflexion of what they brought to the market (the FY) .

Say it again?

fsge · 10-02-2018, 04:30 AM

Originally posted by Mistral75

Since you quoted my text before writing this:

May I ask you: did I write anything different?

But, again and again, there are no sentences and/or figures pertaining to the profitability of the Pentax business in Ricoh's financial reporting.

'Pentax' is included in something ('Smart Vision') that represents 10% of the sales of something much bigger ('Other') that was slightly profitable in FY2017/03 (excluding impairment losses), in FY2018/03 and in Q1 of FY 2019/03.

That's all and the profitability of the 'Other' division (or lack thereof) doesn't give a clue about the profitability (positive or negative) of the Pentax business.

Say it again?

Thank you Mistral for going through this.
I know sigma is a family business, do they issue some sort of yearly report with figures?

Mistral75 · 10-02-2018, 04:39 AM

Originally posted by fsge

Thank you Mistral for going through this.
I know sigma is a family business, do they issue some sort of yearly report with figures?

I am afraid they don't.

thibs · 10-03-2018, 10:05 PM - **1 Like**

Originally posted by rangercarp

Ricoh bought Pentax for the Theta? That is interesting! Are we talking about the same Theta that was developed AFTER Ricoh bought Pentax?

First prototype was Pentax under Hoya.

Kunzite · 10-03-2018, 11:25 PM

The first time I remember seeing it was at Photokina 2012:
Pentax Ricoh Developing a 360-degree Lens - Photokina 2012 | PentaxForums.com

RonHendriks1966 · 10-03-2018, 11:49 PM

Originally posted by Kunzite

The first time I remember seeing it was at Photokina 2012:
Pentax Ricoh Developing a 360-degree Lens - Photokina 2012 | PentaxForums.com

Yes and there was one Chinese company already having a 360 camera shaped like a ball on sale.

Development of this 360 probably have started, or at least on paper, before the take-over. But we don't know where the first plans came from. Maybe intern or maybe from a source outside Ricoh/Pentax.

JPT · 10-04-2018, 12:17 AM

I’m pretty sure Theta was developed by another team on the Ricoh side, outside of Ricoh Imaging altogether. The first announcements said that it was developed by Ricoh and marketed by Ricoh Imaging. The Pentax guys at shows always seem to be completely ambivalent about it. There were interviews about it when it came out with people from completely different Ricoh entities.

Kunzite · 10-04-2018, 12:59 AM

Originally posted by Kunzite

The first time I remember seeing it was at Photokina 2012:
Pentax Ricoh Developing a 360-degree Lens - Photokina 2012 | PentaxForums.com

... and the gentleman next to the prototype had a Ricoh (not Pentax/Pentax Ricoh) badge.

I remember reading somewhere that this was an existing Ricoh project, and Pentax have the idea of making it into a consumer product.

Kunzite · 10-26-2018, 09:22 AM

"Earnings rose despite sales falling from narrowing down of products
Ricoh THETA and other products performed well".

RonHendriks1966 · 10-26-2018, 10:03 AM

Originally posted by Kunzite

"Earnings rose despite sales falling from narrowing down of products
Ricoh THETA and other products performed well".

It looks good. A decrease of sales of -5,2 % and an unknown increase of profit (due that profit isn't separated for Smart Vision).

There is one unknown thing in this report. Now they report that industrial camera is part of Smart Vision. No idea if this is the first quarter and no idea what it is. No report of sales for this new part if there is any.

Sales to North America and Europe did decrease substantial. So sales to Japan must have increased to compensate. This compensation could also come from industrial camera sales, whatever that is.

RonHendriks1966 · 10-26-2018, 01:58 PM

Maybe Ricoh Industrial Camera is this?

FA Camera | Industrial Products | Ricoh

Mistral75 · 10-27-2018, 01:56 AM

So, in comparison to last year Smart Vision sales went up 2.3% during the first quarter (April-June), from ¥4.3bn to ¥4.4bn, and down 11.3% during the second quarter (July-September), from ¥5.3bn to ¥4.7bn.

Originally posted by RonHendriks1966

(...)
Now they report that industrial camera is part of Smart Vision. No idea if this is the first quarter and no idea what it is. No report of sales for this new part if there is any.
(...)

Where did you find this piece of information?

10-02-2018, 01:20 AM	#92
K5_Ltd_User Senior Member Join Date: Apr 2012 Photos: Albums Posts: 273	Originally posted by rangercarp Ricoh bought Pentax for the Theta? That is interesting! Are we talking about the same Theta that was developed AFTER Ricoh bought Pentax? First Theta review I could find was from Sept 2013. I don't speak enough Japaneese to search for pattents, nor do I know how long it takes to develop a Camera system. And I can' t find if Ricoh announced it first. But sure, 1 year of production until a functional prototype for testing of a new technology on the market. If I' d know anything about the branch I' d tell you that pigs also fly and America is indeed great again, since 2016. Quote: What is written is that the 'Other' division, 9.5% (FY2018/03) to 10% (Q1 of FY2019/03) of the consolidated sales of which come from 'Smart Vision' (which includes, but is not limited to 'Pentax'), was slightly profitable in FY2018/03 (¥10bn i.e. 4.9%; ¥5.9bn, i.e. 2.9%, when excluding non-recurring items) and in Q1 of FY2019/03 (¥0.4bn, i.e. 0.9%). In other words, 'Pentax' is included in something that represents 10% of the sales of something much bigger that is slightly profitable. That's all and it doesn't give a clue about the profitability (positive or negative) of the Pentax business. Pentax doesn' t bellong to their printing deparment. Nor is it customer Service. They are making 3D printers for some OEM' s and display' s for Automotive. It' s clear as day that Pentax, bellong to the 'Other' section. Which according to their slides, got some losses (it' s minus- need another prontscreen) . What' s the big ego trip from your side? Better products were built with a loss until their time came (Smart cars) . Bugatti Veyron (it' s time never came, but come on) . Stop pempering the brand name. It' s a clear reflexion of what they brought to the market (the FY) . Last edited by K5_Ltd_User; 10-02-2018 at 01:29 AM.

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10-01-2018, 12:10 PM - 1 Like	#91
fsge Veteran Member Join Date: Jun 2010 Location: Genf Posts: 1,138	Originally posted by thibs Well if their efforts supporting the said formats make them bleed money or go bankrupt this is a moot point isn't it ? Q mount is an exemple of that...

10-02-2018, 01:34 AM	#93
MMVIII Pentaxian Join Date: Mar 2008 Location: EU Posts: 1,121	Now, Pentax should really bring some new products to the market immediately. Seems that many people have invested their money they saved for new equipment in Ricoh shares...

10-02-2018, 03:17 AM	#94
Mistral75 Pentaxian Join Date: Feb 2009 Location: Paris, France Posts: 7,527	Since you quoted my text before writing this: Originally posted by urssu (...) Pentax doesn' t bellong to their printing deparment. Nor is it customer Service. They are making 3D printers for some OEM' s and display' s for Automotive. It' s clear as day that Pentax, bellong to the 'Other' section. May I ask you: did I write anything different? Originally posted by Mistral75 (...) Remember that the Pentax business is part (and only a part) of the 'Smart Vision' activity, which itself accounted for 9.5% of the consolidated sales of the 'Other' division in FY2018/03, which in turn represented 9.7% of Ricoh's consolidated sales. (...) Originally posted by Mistral75 (...) the 'Other' division, 9.5% (FY2018/03) to 10% (Q1 of FY2019/03) of the consolidated sales of which come from 'Smart Vision' (which includes, but is not limited to 'Pentax'), was slightly profitable in FY2018/03 (¥10bn i.e. 4.9%; ¥5.9bn, i.e. 2.9%, when excluding non-recurring items) and in Q1 of FY2019/03 (¥0.4bn, i.e. 0.9%). (...) But, again and again, there are no sentences and/or figures pertaining to the profitability of the Pentax business in Ricoh's financial reporting. 'Pentax' is included in something ('Smart Vision') that represents 10% of the sales of something much bigger ('Other') that was slightly profitable in FY2017/03 (excluding impairment losses), in FY2018/03 and in Q1 of FY 2019/03. That's all and the profitability of the 'Other' division (or lack thereof) doesn't give a clue about the profitability (positive or negative) of the Pentax business. Originally posted by urssu (...) (...) Stop pempering the brand name. It' s a clear reflexion of what they brought to the market (the FY) . Say it again?

10-02-2018, 04:30 AM	#95
fsge Veteran Member Join Date: Jun 2010 Location: Genf Posts: 1,138	Originally posted by Mistral75 Since you quoted my text before writing this: May I ask you: did I write anything different? But, again and again, there are no sentences and/or figures pertaining to the profitability of the Pentax business in Ricoh's financial reporting. 'Pentax' is included in something ('Smart Vision') that represents 10% of the sales of something much bigger ('Other') that was slightly profitable in FY2017/03 (excluding impairment losses), in FY2018/03 and in Q1 of FY 2019/03. That's all and the profitability of the 'Other' division (or lack thereof) doesn't give a clue about the profitability (positive or negative) of the Pentax business. Say it again? Thank you Mistral for going through this. I know sigma is a family business, do they issue some sort of yearly report with figures?

10-02-2018, 04:39 AM	#96
Mistral75 Pentaxian Join Date: Feb 2009 Location: Paris, France Posts: 7,527	Originally posted by fsge Thank you Mistral for going through this. I know sigma is a family business, do they issue some sort of yearly report with figures? I am afraid they don't.

10-03-2018, 10:05 PM - 1 Like	#97
thibs Pentaxian Join Date: Jun 2007 Location: Belgium Photos: Albums Posts: 7,001	Originally posted by rangercarp Ricoh bought Pentax for the Theta? That is interesting! Are we talking about the same Theta that was developed AFTER Ricoh bought Pentax? First prototype was Pentax under Hoya.

10-03-2018, 11:25 PM	#98
Kunzite Pentaxian Join Date: Apr 2007 Location: Romania Posts: 15,132 Original Poster	The first time I remember seeing it was at Photokina 2012: Pentax Ricoh Developing a 360-degree Lens - Photokina 2012 \| PentaxForums.com

10-03-2018, 11:49 PM	#99
RonHendriks1966 Banned Join Date: Jan 2009 Photos: Gallery Posts: 9,675	Originally posted by Kunzite The first time I remember seeing it was at Photokina 2012: Pentax Ricoh Developing a 360-degree Lens - Photokina 2012 \| PentaxForums.com Yes and there was one Chinese company already having a 360 camera shaped like a ball on sale. Development of this 360 probably have started, or at least on paper, before the take-over. But we don't know where the first plans came from. Maybe intern or maybe from a source outside Ricoh/Pentax.

10-04-2018, 12:17 AM	#100
JPT Pentaxian Join Date: Jan 2012 Location: Tokyo Photos: Gallery Posts: 2,821	I’m pretty sure Theta was developed by another team on the Ricoh side, outside of Ricoh Imaging altogether. The first announcements said that it was developed by Ricoh and marketed by Ricoh Imaging. The Pentax guys at shows always seem to be completely ambivalent about it. There were interviews about it when it came out with people from completely different Ricoh entities.

10-04-2018, 12:59 AM	#101
Kunzite Pentaxian Join Date: Apr 2007 Location: Romania Posts: 15,132 Original Poster	Originally posted by Kunzite The first time I remember seeing it was at Photokina 2012: Pentax Ricoh Developing a 360-degree Lens - Photokina 2012 \| PentaxForums.com ... and the gentleman next to the prototype had a Ricoh (not Pentax/Pentax Ricoh) badge. I remember reading somewhere that this was an existing Ricoh project, and Pentax have the idea of making it into a consumer product.

10-26-2018, 09:22 AM	#102
Kunzite Pentaxian Join Date: Apr 2007 Location: Romania Posts: 15,132 Original Poster	"Earnings rose despite sales falling from narrowing down of products Ricoh THETA and other products performed well".

10-26-2018, 10:03 AM	#103
RonHendriks1966 Banned Join Date: Jan 2009 Photos: Gallery Posts: 9,675	Originally posted by Kunzite "Earnings rose despite sales falling from narrowing down of products Ricoh THETA and other products performed well". It looks good. A decrease of sales of -5,2 % and an unknown increase of profit (due that profit isn't separated for Smart Vision). There is one unknown thing in this report. Now they report that industrial camera is part of Smart Vision. No idea if this is the first quarter and no idea what it is. No report of sales for this new part if there is any. Sales to North America and Europe did decrease substantial. So sales to Japan must have increased to compensate. This compensation could also come from industrial camera sales, whatever that is.

10-26-2018, 01:58 PM	#104
RonHendriks1966 Banned Join Date: Jan 2009 Photos: Gallery Posts: 9,675	Maybe Ricoh Industrial Camera is this? FA Camera \| Industrial Products \| Ricoh

10-27-2018, 01:56 AM	#105
Mistral75 Pentaxian Join Date: Feb 2009 Location: Paris, France Posts: 7,527	So, in comparison to last year Smart Vision sales went up 2.3% during the first quarter (April-June), from ¥4.3bn to ¥4.4bn, and down 11.3% during the second quarter (July-September), from ¥5.3bn to ¥4.7bn. Originally posted by RonHendriks1966 (...) Now they report that industrial camera is part of Smart Vision. No idea if this is the first quarter and no idea what it is. No report of sales for this new part if there is any. (...) Where did you find this piece of information?