Ricoh's financial results for Q2 - Pentax still not doomed.

Kunzite · 11-01-2019, 03:59 AM - **2 Likes**

There isn't much to say, I'm sure some would analyse and twist around the various figures - but I'll just quote from Ricoh's presentation:
"Earnings continued to rise on higher profits of Smart Vision business and finance business expansion"
Nope, no sign of doom this time either. And yes, I'm quite confident the APS-C flagship will be mentioned when the time comes.
https://www.ricoh.com/-/Media/Ricoh/Sites/com/IR/data/pre/pdf/r01q2_1.pdf

Smoke665 · 11-01-2019, 04:33 AM - **1 Like**

I've been a Pentaxian since the late 60's, and heard the gloom an doom story just about as long, so I don't give it much thought anymore. Overall, thanks to cellphones, the market for consumer grade cameras is shrinking. What Mom or Pop taking snaps of the kids to share on social media, is going to spend $1k on a phone then drop another $1k on a camera, glass, and accessories. The place where I think Pentax is really missing the boat is on the full frame glass lineup. They're already well into the second generation of the K1, yet offer little in glass options. As a potential buyer, they've cut me off.

reh321 · 11-01-2019, 06:03 AM - **4 Likes**

Originally posted by Smoke665

I've been a Pentaxian since the late 60's, and heard the gloom an doom story just about as long, so I don't give it much thought anymore. Overall, thanks to cellphones, the market for consumer grade cameras is shrinking. What Mom or Pop taking snaps of the kids to share on social media, is going to spend $1k on a phone then drop another $1k on a camera, glass, and accessories. The place where I think Pentax is really missing the boat is on the full frame glass lineup. They're already well into the second generation of the K1, yet offer little in glass options. As a potential buyer, they've cut me off.

I don’t know about you, but I could use a K-1 without spending any money on ‘glass’ - I have forty years worth stored away in my closet. Most of it is not AF - but, hey, it is still very good.

**ismaelg** · 11-01-2019, 06:05 AM

*Autoreply*
WE ARE DOOOOOOMED!!!!!!! RUN!!!!!!

**WillWeaverRVA** · 11-01-2019, 06:15 AM

Originally posted by ismaelg

*Autoreply*
WE ARE DOOOOOOMED!!!!!!! RUN!!!!!!

DOOMED I TELL YOU!

**travelswsage** · 11-01-2019, 06:23 AM

It seems Pentax/Ricoh is content to slowly round out there small niche with slow but steady lens/body releases. I do wish they'd move a little quicker with lens releases but it is what it is. I was really surprised to see how poorly Canon's numbers were -- I always figured they would be relatively immune but their mirrorless push seems to have fallen somewhat flat while also alienating some of their EF users. Here's hoping for a full frame, high quality F4 line of lenses in the coming year or two ...

**monochrome** · 11-01-2019, 06:37 AM - **1 Like**

Originally posted by Kunzite

There isn't much to say, I'm sure some would analyse and twist around the various figures - but I'll just quote from Ricoh's presentation:
"Earnings continued to rise on higher profits of Smart Vision business and finance business expansion"
Nope, no sign of doom this time either. And yes, I'm quite confident the APS-C flagship will be mentioned when the time comes.
https://www.ricoh.com/-/Media/Ricoh/Sites/com/IR/data/pre/pdf/r01q2_1.pdf

PentaxIsDoomed!TM

**sergysergy** · 11-01-2019, 06:45 AM

I guess this is good news :P

biz-engineer · 11-01-2019, 06:49 AM

Originally posted by Smoke665

The place where I think Pentax is really missing the boat is on the full frame glass lineup. They're already well into the second generation of the K1, yet offer little in glass options. As a potential buyer, they've cut me off.

The future missing sales are invisible , never recorded nor accounted in accounting & financial reports.

**Kevin B123** · 11-01-2019, 06:50 AM

Whew! that's a relief

.
They are generating positive cash, that is what any viable business is about.

y0chang · 11-01-2019, 06:56 AM

Considering the plight of Olympus, Ricoh\Pentax is doing quite well in a market contraction period. I am sure that everyone wants body X or lens Y, but slow development is better than lots of development then collapse afterwards. Seems like the GR III was a sales success. It is hard to separate out the Pentax business from the rest of "Other".

**Cerebum** · 11-01-2019, 07:14 AM - **3 Likes**

Maybe they feel they have a duty to preserve the existence of pentax

Sorry, rush of blood to the head

reh321 · 11-01-2019, 07:18 AM - **2 Likes**

Originally posted by sergysergy

I guess this is good news :P

Today, any news will generate a bunch of replies - it is the nature of starting a new month of 'raffle' in addition to the usual effect.

Smoke665 · 11-01-2019, 07:21 AM

Originally posted by y0chang

Considering the plight of Olympus, Ricoh\Pentax is doing quite well in a market contraction period. I am sure that everyone wants body X or lens Y, but slow development is better than lots of development then collapse afterwards. Seems like the GR III was a sales success. It is hard to separate out the Pentax business from the rest of "Other".

Slow is good, but you need to mark a line in the sand to tell if they've moved. After all as I said earlier already into the second generation on FF. I love my K1MII but really find it annoying that there isn't a descent selection of glass.

**mlt** · 11-01-2019, 07:42 AM

Solid news considering current markets.

11-01-2019, 03:59 AM - 2 Likes	#1
Kunzite Pentaxian Join Date: Apr 2007 Location: Romania Posts: 15,132	Ricoh's financial results for Q2 - Pentax still not doomed. There isn't much to say, I'm sure some would analyse and twist around the various figures - but I'll just quote from Ricoh's presentation: "Earnings continued to rise on higher profits of Smart Vision business and finance business expansion" Nope, no sign of doom this time either. And yes, I'm quite confident the APS-C flagship will be mentioned when the time comes. https://www.ricoh.com/-/Media/Ricoh/Sites/com/IR/data/pre/pdf/r01q2_1.pdf

11-01-2019, 06:50 AM	#10
Kevin B123 Loyal Site Supporter Join Date: Jul 2016 Location: Hampshire Photos: Gallery \| Albums Posts: 3,176	Whew! that's a relief. They are generating positive cash, that is what any viable business is about.

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Q1 2019 Financial Reports - Pentax still not doomed.	Kunzite	Pentax News and Rumors	217	08-05-2019 12:23 PM
Ricoh Financial results - FY2017/03	Kunzite	Pentax News and Rumors	373	04-28-2017 06:10 AM
Ricoh Imaging is not doomed (or: Ricoh Financial Results Q1 2016)	Kunzite	Pentax News and Rumors	69	10-24-2015 10:31 AM
Ricoh Financial Results Q3 2014	JPT	Photographic Industry and Professionals	18	02-16-2014 12:14 PM
Pentax Financial results Q1 FY14	Zav	Pentax News and Rumors	38	08-20-2013 05:44 PM

11-01-2019, 04:33 AM - 1 Like	#2
Smoke665 Senior Member Join Date: May 2016 Posts: 249	I've been a Pentaxian since the late 60's, and heard the gloom an doom story just about as long, so I don't give it much thought anymore. Overall, thanks to cellphones, the market for consumer grade cameras is shrinking. What Mom or Pop taking snaps of the kids to share on social media, is going to spend $1k on a phone then drop another $1k on a camera, glass, and accessories. The place where I think Pentax is really missing the boat is on the full frame glass lineup. They're already well into the second generation of the K1, yet offer little in glass options. As a potential buyer, they've cut me off.

11-01-2019, 06:03 AM - 4 Likes	#3
reh321 Pentaxian Join Date: Nov 2014 Location: South Bend, IN, USA Photos: Gallery \| Albums Posts: 23,177	Originally posted by Smoke665 I've been a Pentaxian since the late 60's, and heard the gloom an doom story just about as long, so I don't give it much thought anymore. Overall, thanks to cellphones, the market for consumer grade cameras is shrinking. What Mom or Pop taking snaps of the kids to share on social media, is going to spend $1k on a phone then drop another $1k on a camera, glass, and accessories. The place where I think Pentax is really missing the boat is on the full frame glass lineup. They're already well into the second generation of the K1, yet offer little in glass options. As a potential buyer, they've cut me off. I don’t know about you, but I could use a K-1 without spending any money on ‘glass’ - I have forty years worth stored away in my closet. Most of it is not AF - but, hey, it is still very good.

11-01-2019, 06:05 AM	#4
ismaelg Loyal Site Supporter Join Date: Apr 2009 Location: Puerto Rico Photos: Gallery Posts: 2,681	Autoreply WE ARE DOOOOOOMED!!!!!!! RUN!!!!!!

11-01-2019, 06:15 AM	#5
WillWeaverRVA Site Supporter Join Date: Apr 2011 Location: Richmond, VA Photos: Gallery Posts: 1,071	Originally posted by ismaelg Autoreply WE ARE DOOOOOOMED!!!!!!! RUN!!!!!! DOOMED I TELL YOU!

11-01-2019, 06:23 AM	#6
travelswsage Site Supporter Join Date: Jun 2016 Posts: 385	It seems Pentax/Ricoh is content to slowly round out there small niche with slow but steady lens/body releases. I do wish they'd move a little quicker with lens releases but it is what it is. I was really surprised to see how poorly Canon's numbers were -- I always figured they would be relatively immune but their mirrorless push seems to have fallen somewhat flat while also alienating some of their EF users. Here's hoping for a full frame, high quality F4 line of lenses in the coming year or two ...

11-01-2019, 06:37 AM - 1 Like	#7
monochrome Loyal Site Supporter Join Date: Mar 2008 Location: Working From Home Photos: Gallery \| Albums Posts: 26,276	Originally posted by Kunzite There isn't much to say, I'm sure some would analyse and twist around the various figures - but I'll just quote from Ricoh's presentation: "Earnings continued to rise on higher profits of Smart Vision business and finance business expansion" Nope, no sign of doom this time either. And yes, I'm quite confident the APS-C flagship will be mentioned when the time comes. https://www.ricoh.com/-/Media/Ricoh/Sites/com/IR/data/pre/pdf/r01q2_1.pdf PentaxIsDoomed!TM

11-01-2019, 06:45 AM	#8
sergysergy Site Supporter Join Date: Jan 2011 Photos: Gallery Posts: 5,170	I guess this is good news :P

11-01-2019, 06:49 AM	#9
biz-engineer Pentaxian Join Date: Feb 2015 Photos: Gallery Posts: 12,231	Originally posted by Smoke665 The place where I think Pentax is really missing the boat is on the full frame glass lineup. They're already well into the second generation of the K1, yet offer little in glass options. As a potential buyer, they've cut me off. The future missing sales are invisible , never recorded nor accounted in accounting & financial reports.

11-01-2019, 06:56 AM	#11
y0chang Veteran Member Join Date: Jan 2012 Location: United States Posts: 793	Considering the plight of Olympus, Ricoh\Pentax is doing quite well in a market contraction period. I am sure that everyone wants body X or lens Y, but slow development is better than lots of development then collapse afterwards. Seems like the GR III was a sales success. It is hard to separate out the Pentax business from the rest of "Other".

11-01-2019, 07:14 AM - 3 Likes	#12
Cerebum Site Supporter Join Date: Oct 2017 Location: Lancaster Photos: Gallery Posts: 3,828	Maybe they feel they have a duty to preserve the existence of pentax Sorry, rush of blood to the head

Thread Tools	Search this Thread
	Search this Thread: Advanced Search

11-01-2019, 07:18 AM - 2 Likes	#13
reh321 Pentaxian Join Date: Nov 2014 Location: South Bend, IN, USA Photos: Gallery \| Albums Posts: 23,177	Originally posted by sergysergy I guess this is good news :P Today, any news will generate a bunch of replies - it is the nature of starting a new month of 'raffle' in addition to the usual effect.

11-01-2019, 07:21 AM	#14
Smoke665 Senior Member Join Date: May 2016 Posts: 249	Originally posted by y0chang Considering the plight of Olympus, Ricoh\Pentax is doing quite well in a market contraction period. I am sure that everyone wants body X or lens Y, but slow development is better than lots of development then collapse afterwards. Seems like the GR III was a sales success. It is hard to separate out the Pentax business from the rest of "Other". Slow is good, but you need to mark a line in the sand to tell if they've moved. After all as I said earlier already into the second generation on FF. I love my K1MII but really find it annoying that there isn't a descent selection of glass.

11-01-2019, 07:42 AM	#15
mlt Site Supporter Join Date: Dec 2007 Posts: 1,159	Solid news considering current markets.