Good news from Japan: Pentax getting profitable for Hoya?

gazonk · 09-09-2009, 10:18 PM

"Hoya Corp., Japan’s largest maker of eyeglass lenses, gained 3.8 percent after the Nikkei newspaper reported its Pentax camera division will likely avoid a loss."

Japan Stocks Rise to Nine-Day High on Recovery Hope; Hoya Gains - Bloomberg.com

Supernaut · 09-09-2009, 11:09 PM

Thanks for the information. Maybe the down sizing and slimming the organization is paying off. Making it without loss in these times is very good!

philbaum · 09-09-2009, 11:18 PM

Originally posted by gazonk

"Hoya Corp., Japan’s largest maker of eyeglass lenses, gained 3.8 percent after the Nikkei newspaper reported its Pentax camera division will likely avoid a loss."

Japan Stocks Rise to Nine-Day High on Recovery Hope; Hoya Gains - Bloomberg.com

I'm sure the purchase of my last lens put them in the black

Seriously, i'm glad they will likely be in the black, quite an accomplishment in the global recesssion. It seems to me that they have the strongest lens lineup in the last 2 years, the K20 and K7 both seem to be selling well.

It would be interesting to know whether the medical application part of Pentax or the camera part brought in the profits, or both?

mickey · 09-09-2009, 11:37 PM

The K-M has also proved popular.

Good stuff.

**Kerrowdown** · 09-10-2009, 01:52 AM

I've done my share of trying to keep them in the black over the years.

**Rondec** · 09-10-2009, 04:17 AM

Definitely a good thing. The thing that will keep Hoya investing more R and D money in Pentax, is if it actually shows some return for it and signs of growth over all. I have to think that both the K2000 and the K7 have hit good spots and have/are selling well.

gazonk · 09-10-2009, 04:52 AM

Originally posted by philbaum

It would be interesting to know whether the medical application part of Pentax or the camera part brought in the profits, or both?

Well, Bloomberg says it's the camera division, but Reuters and Forbes say only "Pentax division", so I'm not sure.

RaduA · 09-10-2009, 05:03 AM

Originally posted by Rondec

Definitely a good thing. The thing that will keep Hoya investing more R and D money in Pentax, is if it actually shows some return for it and signs of growth over all. I have to think that both the K2000 and the K7 have hit good spots and have/are selling well.

The way I see it things will only get better (and soon) and that is 100% the merit of Hoya's strategy. After K-7 that pushed up the premium range for Pentax the new low end camera will be a very worthy competitor too. Kudos to Hoya for investing and maybe those actions will speak louder than the usual and ever recurring "sky is falling type of threads".

Radu

jeffkrol · 09-10-2009, 06:08 AM

Originally posted by gazonk

Well, Bloomberg says it's the camera division, but Reuters and Forbes say only "Pentax division", so I'm not sure.

fine print from Forbes...

.. Pentax division is likely to break even or post an operating profit of several hundred million yen in the July-September quarter due to restructuring efforts in digital camera operations.

**Ash** · 09-10-2009, 06:10 AM

Pentax's profits would have soared tremendously since the inception of this forum.

*isteve · 09-10-2009, 06:13 AM

Originally posted by Ash

Pentax's profits would have soared tremendously since the inception of this forum.

Somebody tell Thom Hogan.

MikePerham · 09-10-2009, 07:06 AM

Originally posted by *isteve

Somebody tell Thom Hogan.

Would he listen?

PolishMike · 09-10-2009, 10:28 AM

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.

**Sailor** · 09-10-2009, 03:11 PM

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

Adrian Owerko · 09-10-2009, 03:22 PM

This is very good news.. Were Nikon & Sony are going south.. Pentax is a brand of the future! Hoya now understand the real great future that Pentax can have... This will give samsung and any other future partner confidence in the Pentax brand under Hoya (:

09-09-2009, 10:18 PM	#1
gazonk Pentaxian Join Date: Feb 2009 Location: Oslo area, Norway Photos: Gallery \| Albums Posts: 3,746	Good news from Japan: Pentax getting profitable for Hoya? "Hoya Corp., Japan’s largest maker of eyeglass lenses, gained 3.8 percent after the Nikkei newspaper reported its Pentax camera division will likely avoid a loss." Japan Stocks Rise to Nine-Day High on Recovery Hope; Hoya Gains - Bloomberg.com

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09-09-2009, 11:09 PM	#2
Supernaut Veteran Member Join Date: Sep 2008 Location: West Coast , Sweden Posts: 467	Thanks for the information. Maybe the down sizing and slimming the organization is paying off. Making it without loss in these times is very good!

09-09-2009, 11:18 PM	#3
philbaum Veteran Member Join Date: Oct 2007 Location: Port Townsend, Washington State, USA Posts: 3,659	Originally posted by gazonk "Hoya Corp., Japan’s largest maker of eyeglass lenses, gained 3.8 percent after the Nikkei newspaper reported its Pentax camera division will likely avoid a loss." Japan Stocks Rise to Nine-Day High on Recovery Hope; Hoya Gains - Bloomberg.com I'm sure the purchase of my last lens put them in the black Seriously, i'm glad they will likely be in the black, quite an accomplishment in the global recesssion. It seems to me that they have the strongest lens lineup in the last 2 years, the K20 and K7 both seem to be selling well. It would be interesting to know whether the medical application part of Pentax or the camera part brought in the profits, or both?

09-09-2009, 11:37 PM	#4
mickey Veteran Member Join Date: Oct 2008 Location: Japan Photos: Gallery \| Albums Posts: 1,146	The K-M has also proved popular. Good stuff.

09-10-2009, 01:52 AM	#5
Kerrowdown PEG Moderator Join Date: Aug 2008 Location: Highlands of Scotland... "Hold Infinity in the palm of your hand" - William Blake Photos: Gallery Posts: 57,833	I've done my share of trying to keep them in the black over the years.

09-10-2009, 04:17 AM	#6
Rondec Loyal Site Supporter Join Date: Mar 2009 Location: Gladys, Virginia Photos: Gallery Posts: 27,662	Definitely a good thing. The thing that will keep Hoya investing more R and D money in Pentax, is if it actually shows some return for it and signs of growth over all. I have to think that both the K2000 and the K7 have hit good spots and have/are selling well.

09-10-2009, 04:52 AM	#7
gazonk Pentaxian Join Date: Feb 2009 Location: Oslo area, Norway Photos: Gallery \| Albums Posts: 3,746 Original Poster	Originally posted by philbaum It would be interesting to know whether the medical application part of Pentax or the camera part brought in the profits, or both? Well, Bloomberg says it's the camera division, but Reuters and Forbes say only "Pentax division", so I'm not sure.

09-10-2009, 05:03 AM	#8
RaduA Guest	Originally posted by Rondec Definitely a good thing. The thing that will keep Hoya investing more R and D money in Pentax, is if it actually shows some return for it and signs of growth over all. I have to think that both the K2000 and the K7 have hit good spots and have/are selling well. The way I see it things will only get better (and soon) and that is 100% the merit of Hoya's strategy. After K-7 that pushed up the premium range for Pentax the new low end camera will be a very worthy competitor too. Kudos to Hoya for investing and maybe those actions will speak louder than the usual and ever recurring "sky is falling type of threads". Radu

09-10-2009, 06:08 AM	#9
jeffkrol Veteran Member Join Date: Sep 2006 Location: Wisconsin USA Photos: Gallery Posts: 8,434	Originally posted by gazonk Well, Bloomberg says it's the camera division, but Reuters and Forbes say only "Pentax division", so I'm not sure. fine print from Forbes... .. Pentax division is likely to break even or post an operating profit of several hundred million yen in the July-September quarter due to restructuring efforts in digital camera operations.

09-10-2009, 06:10 AM	#10
Ash Loyal Site Supporter Join Date: Mar 2007 Location: Toowoomba, Queensland Photos: Gallery \| Albums Posts: 23,920	Pentax's profits would have soared tremendously since the inception of this forum.

09-10-2009, 06:13 AM	#11
*isteve Veteran Member Join Date: Nov 2006 Location: London, England Posts: 1,187	Originally posted by Ash Pentax's profits would have soared tremendously since the inception of this forum. Somebody tell Thom Hogan.

09-10-2009, 07:06 AM	#12
MikePerham Veteran Member Join Date: May 2007 Location: Prince George, BC Canada Photos: Gallery \| Albums Posts: 642	Originally posted by *isteve Somebody tell Thom Hogan. Would he listen?

09-10-2009, 10:28 AM	#13
PolishMike Senior Member Join Date: May 2009 Posts: 150	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.

09-10-2009, 03:11 PM	#14
Sailor Loyal Site Supporter Join Date: Nov 2006 Location: Coastal Texas Photos: Gallery Posts: 26,203	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

09-10-2009, 03:22 PM	#15
Adrian Owerko Veteran Member Join Date: Feb 2008 Location: South Australia Posts: 435	This is very good news.. Were Nikon & Sony are going south.. Pentax is a brand of the future! Hoya now understand the real great future that Pentax can have... This will give samsung and any other future partner confidence in the Pentax brand under Hoya (: