Forgot Password
Pentax Camera Forums Home
 

Reply
Show Printable Version Search this Thread
08-13-2020, 06:06 PM - 1 Like   #1
Pentaxian




Join Date: Dec 2015
Posts: 586
Ricoh's financial results for FY2020 and Q1

Financial Announcement | Global | Ricoh

Smart Vision:
THETA performed solidly in 360° camera market
Camera sales declining amid restrictions on movements and event cancellations

08-13-2020, 07:07 PM - 2 Likes   #2
Custom User Title
Loyal Site Supporter
FozzFoster's Avatar

Join Date: Jan 2016
Location: Alberta
Photos: Albums
Posts: 5,056
I bet there will be quite a different result following the flagship APS-C release..
08-14-2020, 12:35 AM   #3
Senior Member




Join Date: Sep 2006
Location: Surrey
Photos: Gallery | Albums
Posts: 288
2020Q1 YoY
-32.2%
-31.9% (excluding forex)

I'd like to believe that the camera segment does better but this would be in line with the rest of the brands

considering that the impact of leasing de-conosilidation makes up 4.2 of the 6.4 billion Yen slump somewhere in the remaining 2.2 billion is hidden the loss in camera sales

cleared from the de-consolidation impact, YoY is -22.11%

Last edited by davidsladek; 08-14-2020 at 12:42 AM.
08-14-2020, 08:42 AM   #4
Pentaxian




Join Date: Jun 2016
Posts: 310
Is this good news, bad news or in line with expectations and neutral for the company?

08-14-2020, 09:10 AM   #5
Moderator
Loyal Site Supporter




Join Date: Apr 2014
Location: Baltimore
Photos: Albums
Posts: 1,650
QuoteOriginally posted by travelswsage Quote
Is this good news, bad news or in line with expectations and neutral for the company?
I think it's guardedly neutral news given the pandemic recession effect.
08-14-2020, 09:11 AM   #6
Pentaxian




Join Date: Dec 2011
Posts: 2,723
QuoteOriginally posted by travelswsage Quote
Is this good news, bad news or in line with expectations and neutral for the company?
Any minus is bad news.

By comparison Sony camera revenue dropped by more than -50% for the quarter YoY (unit sales probably even worse).
Nikon camera revenue dropped by more than -60%.
08-14-2020, 09:43 AM   #7
Pentaxian
PePe's Avatar

Join Date: Nov 2007
Location: Helsinki, Finland
Photos: Gallery | Albums
Posts: 548
QuoteOriginally posted by travelswsage Quote
Is this good news, bad news or in line with expectations and neutral for the company?
Not quite as bad as some of the competitors. Nevertheless not sustainable in the long run.
08-14-2020, 09:56 AM - 5 Likes   #8
Pentaxian
bdery's Avatar

Join Date: Mar 2008
Location: Quebec city, Canada
Photos: Gallery
Posts: 7,486
QuoteOriginally posted by travelswsage Quote
Is this good news, bad news or in line with expectations and neutral for the company?
QuoteOriginally posted by beholder3 Quote
Any minus is bad news.

By comparison Sony camera revenue dropped by more than -50% for the quarter YoY (unit sales probably even worse).
Nikon camera revenue dropped by more than -60%.
Given that there's a pandemic, and that almost all corporations are hemorrhaging money... and comparing with other players in the market...

I would say that is good news.

The typical Pentax strategy of being very careful with their pennies means innovation moves forward at a slower pace, but bad periods affects them less.

I've worked for a company with a similar philosophy. Sometimes you feel innovation is not as driven as it could be, but it also means less risks, less variability, fewer people loosing their jobs in difficult period, etc.

08-14-2020, 11:41 AM   #9
Site Supporter
Site Supporter




Join Date: Aug 2018
Location: Arkansas, USA
Posts: 237
What surprised me is how small the digital camera business is when considered in the totality of Ricoh. It's a part of the "other" that accounts for 8% of sales. I suspect digital camera sales (as we know them) only represent 2-3% at most, of Ricoh's total business. The Pentax brand is probably less than 1%.
08-14-2020, 02:48 PM - 2 Likes   #10
Pentaxian
Mistral75's Avatar

Join Date: Feb 2009
Location: Paris, France
Posts: 5,996
QuoteOriginally posted by DWS1 Quote
What surprised me is how small the digital camera business is when considered in the totality of Ricoh. It's a part of the "other" that accounts for 8% of sales. I suspect digital camera sales (as we know them) only represent 2-3% at most, of Ricoh's total business. The Pentax brand is probably less than 1%.
The last published revenue for Smart Vision (= Ricoh Imaging) was 18.3bn in FY2018 (April 2018 - March 2019), i.e. 0.9% of RIcoh's consolidated revenue in FY2018.
08-15-2020, 03:08 AM - 4 Likes   #11
Site Supporter
Site Supporter




Join Date: Mar 2009
Location: Gladys, Virginia
Photos: Gallery
Posts: 22,389
I don't think it is particularly surprising news. We will see how revenue is for the imaging side after the K-new is released, but at this point, there have been minimal numbers of new bodies and lenses released recently. Gear sells really well for the first six months after release and then tapers off. I don't know that the K-new is going to set the world on fire, but certainly it should come out at a time when the economy is starting to trend upward a bit and will be the first new K mount camera for quite awhile. That combination should help the situation (or maybe I just have wishful thinking).
08-15-2020, 04:32 AM - 1 Like   #12
Site Supporter
Site Supporter




Join Date: May 2019
Photos: Albums
Posts: 2,880
QuoteOriginally posted by Rondec Quote
I don't think it is particularly surprising news. We will see how revenue is for the imaging side after the K-new is released, but at this point, there have been minimal numbers of new bodies and lenses released recently. Gear sells really well for the first six months after release and then tapers off. I don't know that the K-new is going to set the world on fire, but certainly it should come out at a time when the economy is starting to trend upward a bit and will be the first new K mount camera for quite awhile. That combination should help the situation (or maybe I just have wishful thinking).
I'm not in the market for the K-New (I say as I pet the K-1 ), but the quarantine (and all the subsequent restrictions) has lowered my spending opportunities by a fair bit... so now I can justify a good wide angle lens that can be used for astro as well. If the D FA 21 is the ticket, then it's the ticket and I'm comfortable paying for a new one as soon as reviews are out.

I am very aware that, working in research, I'm in the privileged position of actually *improving* my finances lately, but I can imagine I'm not the only person who would be interested in getting some "post-COVID retail therapy" done with photography equipment...
08-15-2020, 11:24 AM - 1 Like   #13
Pentaxian
thibs's Avatar

Join Date: Jun 2007
Location: Belgium
Photos: Albums
Posts: 6,092
In photography I dunno but post-covid therapy, I will for sure

Lockdown did permit me to avoid some expenses but groceries price has come through the roof. No, no, noone taking advantage of the situation, hum...
08-15-2020, 09:41 PM - 1 Like   #14
Loyal Site Supporter
Loyal Site Supporter
monochrome's Avatar

Join Date: Mar 2008
Location: Working From Home
Photos: Gallery | Albums
Posts: 26,232
Since March 12 I’ve discovered a whole lot of things I can do without and not missed them at all. New gear is on the list.
08-16-2020, 02:39 AM - 1 Like   #15
Site Supporter
Site Supporter




Join Date: Mar 2009
Location: Gladys, Virginia
Photos: Gallery
Posts: 22,389
QuoteOriginally posted by monochrome Quote
Since March 12 Ive discovered a whole lot of things I can do without and not missed them at all. New gear is on the list.
Typically the issue isn't what you can do without, it is what you want. After the release date of something and images from them come out and people start posting reviews about how much better the DFA *85 (for instance) is than the FA 77 that things get difficult.

I'm probably not going to get a K-new, but if Pentax would release a K-1 sequel the end of next year, I'm all in. Same for the DFA *85, DFA 21 limited, and DFA 70-300. I'll get by without them and could continue to do so for a long time, if needed, but they are definitely lenses that I am looking for.
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!
camera, pentax news, pentax rumors, results for fy2020
Thread Tools Search this Thread
Search this Thread:

Advanced Search


Similar Threads
Thread Thread Starter Forum Replies Last Post
Sony Q1 financial report: Sony camera revenue -53% down beholder3 Non-Pentax Cameras: Canon, Nikon, etc. 4 08-05-2020 08:32 AM
Ricoh's financial results for FY2019 and Q4: Theta and GR ber alles Mistral75 Pentax News and Rumors 22 05-13-2020 03:18 AM
Q1 2019 Financial Reports - Pentax still not doomed. Kunzite Pentax News and Rumors 217 08-05-2019 12:23 PM
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 09:38 PM. | 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