Originally posted by PolishMike This is certainly soothing news. As my investment in Pentax grows, I really dread the fact that continued downsizing and cutting of R&D budgets spells disaster for the brand. Hopefully, Hoya will only carry Pentax through tough economic times with cost cutting but will soon realise that a serious investement in lens and body development is imperative in the long run.
A very astute comment. While Pentax's improved financial performance is welcome, it comes primarily from tackling the bottom line through cost cutting - as Hoya's CEO discussed in his recent interview. He went on to say - as I'm sure you read as well - that a truly sustainable camera business (i.e. an attractive top line) will require a partnership, owing to small size of Pentax's camera operation. Let's hope he succeeds.
Jer